02/04/2016

Credit Suisse reports first annual loss since 2008

Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying business performance: goodwill impairment of CHF 3.8 billion, restru

02/03/2016

UBP increases its AuM by 11.5%

Union Bancaire Privee increases its assets under management by 11.5%, while limiting the impact of the strong Swiss franc on its operating results

02/02/2016

UBS Profit Pressured by Wealth Management Weakness

UBS said adjusted pretax profit at its flagship wealth-management business fell by 193 million francs to 505 million francs in the quarter, with net outflows of 3.4 billion francs over the period. The lender cited "very low levels of client activity.

01/27/2016

Aberdeen Asset Management reports AUM of £290.6 billion

We expect market conditions to remain difficult and this is likely to be reflected in flows for the remainder of the year. Against this backdrop, we remain committed to controlling costs and driving efficiency in our business.