Managers of Wealth

Arbuthnot Latham to launch commercial bank as profit doubles

Initially, the focus will be on providing business banking services to its entrepreneurial private banking clients.

Julius Baer Profit Drops on US Tax Dispute Provision

The current management team will continue to run the business independently with the existing staff and pursue the same client-focused strategy

WH Ireland "cautiously optimistic" as revenues grow

WH Ireland has grown revenues by a tenth with the Manchester-headquartered financial services company advising investors that it was "cautiously optimistic" about the next six months

Morgan Stanley reports $1.8 bn profit

Morgan Stanley is coming off a strong first quarter in which Chief Executive James Gorman's strategy of de-emphasizing risky businesses like bond trading and bulking up more consistent ones like wealth management bore fruit.

Bordier UK profit dips 29% on international outlay

Bordier UK saw pre-tax profits tumble 29% over the 18 months to December 2014 after a substantial outlay to establish a new international investment operation.

Citigroup Reports Second Quarter 2015 Earnings

Net Income of $4.8 Billion

Goldman profit plunges on weak bond trading, legal provisions

Goldman Sachs Group Inc reported its smallest quarterly profit in nearly four years on Thursday as litigation provisions soared and investors pulled back from bond trading.

Wells Fargo Profits Flat, but Wealth Unit Jumps

The wealth unit’s Q2 results had an 11% rise in profits on higher asset-based fees

BlackRock quarterly profit rises 1.3 pct

This demonstrates the value of the deep, strategic relationships we maintain with our clients and validates the strength of our solutions-oriented business model.

BofA's Wealth Profits Fall 5 Percent

Bank of America’s wealth unit had another lackluster quarter, with a 5 percent drop in profits and revenues in line with a year ago.

J.P. Morgan's Global Wealth Management Biz Turns In Strong 2Q

Global wealth management also saw a significant increase in assets under management.

JPMorgan Q2 Profit Beats Estimates

Asset Management revenue rose 6 percent to $3.2 billion.

Sanlam netted £10m from Intrinsic sale

Sanlam UK netted £10 million as a result of Old Mutual Wealth’s acquisition of network Intrinsic.

Edrington Group sees Scotch whisky growth but books Brugal writedown

EDRINGTON Group has hailed strong performance of its core whisky brands but a near £239 million impairment charge on Brugal rum pushed the company into an annual loss.

Novia falls into £779k loss after joint venture sale

Wrap platform Novia slumped into a £779,000 pre-tax loss for 2014 after selling its joint venture with Aegon hit its revenue.

WH Ireland Says Good First Half Performance In Both Divisions

WH Ireland will publish first-half results on July 20.

Walker Crips assets soar 50%

Walker Crips Group plc, the financial services group with activities covering stockbroking, investment and wealth management services, announces unaudited results for the year ended 31 March 2015.

CIBC FirstCaribbean positioned for growth says CEO

CIBC First Caribbean International Bank is experiencing significant growth across the Caribbean and is working with several public and private sector entities to implement multi-million dollar projects across the region.

Charles Stanley slides into the red and agrees sale of Securities arm

The sale of Charles Stanley Securities to Panmure Gordon has been agreed for an initial fee of £1.5m, Charles Stanley said.

Liontrust profit jumps on 75% rise in inflows

Liontrust Asset Management's 2015 profit has jumped 45% on the back of a healthy rise in inflows

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