10/25/2024
Citi Ramps Up Advisor Hiring, Sweetens Pay in Effort to Boost Wealth Arm
Citi has a goal of expanding the number of senior advisors in that business by 40%, or some 150 people, by the end of 2026 with the help of outside recruiters.
Wealth and Asset Management
10/25/2024
Crown Dependencies feature in nominations for Citywealth Future Leaders Awards
Taking place on the 12th November, at the 5 star JW Marriott Grosvenor House Hotel in London
10/24/2024
Northern Trust and Hamilton Lane Announce Strategic Collaboration
Hamilton Lane’s market leading analytics and data will be available to help Northern Trust Asset Servicing clients gain insight into their private market investments
10/24/2024
Hong Kong’s Path to Becoming the Leading Cross-Border Wealth Management Hub by 2028
The city has recently achieved global recognition, topping the Global Financial Centres Index for investment management.
10/24/2024
Wealthtime pioneers innovative business transformation through agreement with Wipro and GBST
The deal will see the Wealthtime and Wealthtime Classic platforms brought together under one brand on a significantly enhanced platform, powered by GBST technology.
10/24/2024
Praxis named a 2024 eprivateclient Top Trust company
This accolade follows our recent shortlisting for Trust Company of the Year – Large Firm at the STEP Private Client Awards.
10/24/2024
Oak recognised in eprivateclient’s 2024 ranking of Top Trust Companies
The rankings recognise the top fiduciary service providers for private clients across the UK and Crown Dependencies.
10/24/2024
The Deloitte International Wealth Management Centre Ranking 2024
Seismic waves impacting leading financial centres
10/24/2024
Arta Partners With Co-Axis for Philanthropy
Arta clients will also gain access to philanthropy advisory and management services through TT Foundation Advisors.
10/24/2024
BlackRock, Aviva win multi-asset flows as investors brace for CGT shake-up
September marked the first month since January that multi-asset funds in the UK posted net inflows
10/24/2024
Ravenscroft announces sale of wealth management business
The corporate finance and property management businesses of the wider Ravenscroft group are not included in the transaction, which follows Titan’s acquisition of Ravenscroft’s UK investment management business last year.
10/24/2024
Pimfa: Buying Apfa was 'stupid' as it was 'totally defunct'
Former Apfa board members Gary Bottriell and Lord Deben were elected to the merged trade association’s board as member and chairperson, respectively, and are still in position.
10/24/2024
HSBC launches credit card for global private banking clients
Launched in Hong Kong this week, it is the first phase of a global programme to offer elevated travel, exclusive access and exceptional lifestyle experiences to its clients.
10/24/2024
The Net Positive Consortium in Wealth Management Launches: Uniting Firms for Collective Impact
This pioneering initiative unites financial advisory firms in a shared commitment to creating meaningful societal impact, extending far beyond financial performance.
10/24/2024
Blackstone partners with UBS for semi-liquid PE fund distribution
The alts giant partners with the Swiss firm to distribute its private equity fund targeting wealthy investors.
10/23/2024
Boost Hong Kong’s edge with wealth management services
In recent years, the investment management sector has emerged as a cornerstone industry in many of the world’s leading economies.
10/23/2024
Waverly Advisors Acquires 9258 Wealth Management
Waverly expands into Ohio with 25 locations nationwide
10/23/2024
Butterfield Reports Third Quarter 2024 Results
The return on average common equity for the third quarter of 2024 was 20.3% compared to 20.7% for the previous quarter and 20.6% for the third quarter of 2023.
10/23/2024
The 2 factors driving wealth management M&A boom
Deloitte’s 2025 investment management outlook, authored by its national investment and wealth management leader, Neil Brown, has assessed the rate of acquisitions on the global stage.
10/23/2024
Deutsche Bank reports third-quarter 2024 profit before tax of € 2.3 billion
Post-tax profit was € 1.7 billion, up 39% year on year, or € 1.3 billion excluding the Postbank litigation release, up 8%, compared to post-tax profit of € 1.2 billion in the prior year quarter.