Managers of Wealth

Credit Suisse May Cut Bonuses by 60 Percent, SaS Reports

The bank may thus need to slash bankers’ bonuses by as much as 60 percent

Van Lanschot Q3 client assets down to 56.5 billion euros

In a challenging stock market climate we continue to push ahead with the implementation of our wealth management strategy.

Nataxis sees €2 billion of revenue from positive inflows

Almost half of the flows (€14.2 billion) were into funds managed by Boston-based Loomis Sayles, which is owned by Nataxis.

Schroders nets £8.3bn inflows amid market volatility

Total profits before tax for the nine-month period increased 21% to £438.9m.

Canaccord UK wealth revenues stand out as company files loss

Canaccord Genuity’s UK wealth management revenue rose 14% over the three months to end September to reach CAD $34 million (£16.7 million).

Standard Chartered Surprise Loss Undercuts Winters's Capital Call

CEO Bill Winters to cut 15,000 jobs, 17% of workforce

UBS softens profitability targets

UBS delivered a solid third-quarter adjusted1 profit before tax of CHF 979 million in a very challenging economic environment.

This chart shows Macquarie's shift from investment bank to asset manager

There is plenty of talk about Macquarie transition from investment banking powerhouse towards annuity-style asset manager.

Solid Westpac result but wealth 'soft'

Westpac Group has turned in a solid full-year result with net profit up six per cent

Old Mutual unveils new CEO, says Nedbank posts increase in Q3 profit

UK insurer Old Mutual said Nedbank Group, its majority-owned South African banking subsidiary, posted an increase in net interest income for the first three quarters of the year.

Making the cut: StanChart, HSBC race to slash costs seen stumbling

HSBC has more than four years of restructuring on its rival and analysts say at least the bank has a clear plan. Standard Chartered’s master plan is missing

BNP Paribas Profit Climbs Almost 15% in Third Quarter

In a context of a gradual return to growth in Europe, BNP Paribas delivered a good overall performance this quarter.

RBS private banking takes £31m income hit

The bank also said Coutts ‘remains an area of management focus’.

St James's Place third-quarter net inflows up 17%

Record quarter for both gross and net inflows

Architas FUM soars 46% to almost £20bn

AXA Wealth new business also up 46%

Barclays expects US to accelerate global economic growth in Q4

Barclays’ Wealth and Investment Management’s Q4 2015 Compass report states that the global economy is expected to accelerate over the final quarter of the year, with an increasingly buoyant US private sector at its heart.

Swiss bank Credit Suisse reports drop in net income amid ‘difficult market

Tidjane Thiam will probably reveal a strategy to prune Credit Suisse’s investment bank in favor of wealth management.

Rathbones' AUM dip in Q3 sell-off

Rathbone Brothers has announced a trading update for the three months ended 30 September 2015.

SEI Reports Third-Quarter 2015 Financial Results

Results Include $.02 Diluted Earnings per Share Charge for Asset Write Off

China demand helps Daimler's luxury-car sales hit record levels

Mercedes had been trailing Audi since 2011, with both behind leader BMW.

Executive Travel