Managers of Wealth

Credit Suisse Q3 Profit Drops

Swiss banking giant Credit Suisse Group on October 21 said its third-quarter profit declined 24 percent from last year

GAM records third quarter losses

Assets under management of CHF 72.4 billion, down 1.5% from 30 June 2015

Brooks Macdonald assets dip 1% in market mayhem

The wealth management firm saw its discretionary funds under management total £7.3bn, down from the £7.4bn seen at the start of July.

Man Group Reports $1.4 Billion Third-Quarter Client Inflows Key points

The net inflow for the quarter was driven by flows into our quant strategies and we have a solid pipeline of sales in the near-term.

Arbuthnot continues to make good progress

Private Banking Arbuthnot Latham has seen a continued increase in the number of new client introductions and is now taking on in excess of 50 new clients per month.

JPMorgan earnings lifted by tax benefits

Results were boosted by a gain of $US1.9 billion from resolving tax audits.

Private Wealth Boosts Poland's Asset Management Industry to €128 Billion in 2015, Inteliace Research Reports in Its Latest Study

Total assets under management in Poland across three key segments: investment funds, insurance and pension assets topped EUR 128 billion (PLN 536 billion) as of June 2015. Thanks to continuously growing wealth of private individuals AuM are expected to ad

Deutsche Bank shocks investors with €7.6 bn loss

The bank was already under heavy legal fire over allegations that it had violated US sanctions in dealing with Iranian-linked entities

Africa, Middle East revenue drives PwC results

PwC performed really well with revenue growth of 10% putting us over the $35bn mark for the first time

Raymond James Financial Reports August 2015 Operating Data

Total securities commissions and fees of $299.7 million increased 8 percent compared to August 2014 and 2 percent compared to July 2015.

Close Brothers Profit Higher On Strong Banking, Asset Management

"We are pleased to report another year of strong performance for Close Brothers with good results across all of our businesses. After successive years of exceptional growth the group is in better shape than ever, which means we are well positioned to

Brooks Macdonald reports profit increase and wins South African mandate

Chief executive Chris Macdonald said: "This has been a year of substantive progress for the Group. We have continued to grow funds under management and increase profits whilst making considerable progress on our IT development, our distribution, impr

Investec Says Divisional Performance Mixed But Outlook Still Robust

Investec said its wealth and investment and asset management arms are now expected to post results for the full year

Richemont’s sales growth accelerates

Analysts expected a 1 percent gain, according to the median estimate in a Bloomberg survey.

Tiffany Profit Misses Estimates After Currency Weighs on Sales

Pedestrians walk past the entrance to a Tiffany & Co. jewelry store in Vienna, Austria.

ALTIN Announces 4.29% YTD Gain Through July 31

ALTIN has published its half year results as of 30 June, 2015.

Geneva’s Oldest Bank Lombard Odier Says Profit Climbed 12%

Last year, the Geneva bank broke with more than 200 years of tradition and published earnings for the first time.

Diamond’s African bank turns its maiden profit

Atlas Mara said that it had made a pre-tax profit of $9.2 million in the first half, compared with a loss of $17.3 million in the same period last year

Swiss bank Pictet reports 11 pct rise in H1 consolidated profit

As with many Swiss wealth managers the bank's asset base was hit when foreign currencies were translated into francs, the value of which has surged in 2015.

CIBC Profit Climbs on Wealth, Consumer Banking; Lifts Payout

Canadian Imperial Bank of Commerce said fiscal third-quarter profit rose 6.2 percent on gains in wealth management and consumer lending. The firm raised its dividend 2.8 percent to C$1.12.

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