08/24/2023
BTG Pactual acquires Julius Baer-backed Brazil robo advisor
The Brazilian bank has acquired Magnetis, which is part-owned by Swiss wealth manager Julius Baer and is selling its stake.
Wealth and Asset Management
08/24/2023
Lombard Odier reports solid half-year 2023 results: Continued growth, stability and strategic investment in the business
Lombard Odier’s balance sheet remains strong, liquid and conservatively invested, and totalled CHF 15.5 billion at end-June 2023.
08/24/2023
Van Lanschot Kempen: net profit at €51.8 million and net AuM inflows of €3.2 billion in H1 2023
Capital return proposal in the amount of €2.00 per share
08/24/2023
Urs Rohner Losses Prestigious Credit Suisse Mandate
Urs Rohner, former Credit Suisse chairman has lost what's likely his last mandate at the bank.
08/24/2023
Hubert Keller: «One was happy to fall back on Credit Suisse»
Operationally, the business of Lombard Odier in the past half year looks unspectacular.
08/24/2023
Andrew Cumming named “Outstanding in field" in The Spear’s 500
The Spear’s 500 is the indispensable guide to the top private client advisers, wealth managers, lawyers and service providers for HNW individuals
08/24/2023
RBC Q3 2023 net income +8% y-o-y, beats forecasts
Successful cost cutting and improved margins boost earnings in the quarter to end July at Royal Bank of Canada despite higher provisions
08/23/2023
Radicant clears important hurdle
Customers are also offered account management and the processing of payment transactions as well as a physical and virtual debit card and payment services such as Apple Pay, Google Pay and Twint.
08/23/2023
Gam says loan linked to rival bidder is ‘insufficient’
It comes after last week Rock Investments wrote to the Gam board proposing short-term bridge financing should the Liontrust offer be unsuccessful.
08/23/2023
SJP defends loan levels by stating adviser defaults are 'low'
It takes a number of measures to keep defaults low, with its latest set of accounts showing that over the past decade only 0.05 per cent of loans were not repaid.
08/23/2023
Clearview to divest from wealth management within FY24
Claims and lapse underwriting experienced profits and life underlying NPAT margin was 12.4 per cent.
08/23/2023
Markus Wintsch: «The disappearance of Credit Suisse offers opportunities»
With this step, they hoped to have greater entrepreneurial freedom and more time for their main goal of having direct contact with clients.
08/23/2023
Raiffeisen Boosts Profits as All Units Contribute
It benefitted greatly from increased interest rates.
08/23/2023
Unravelling the Market Mystique: A Deep Dive with GAM’s Head of Asia
From the aftermath of the pandemic-induced economic shutdown to the evolving nature of investment avenues, here's a detailed dissection of the year's market landscape.
08/23/2023
How Lombard Odier navigates a shifting financial landscape
227 year-old Swiss wealth and asset manager reveals insights into private markets appeal and sustainable investment, while forging strategic alliances with local financial institutions
08/23/2023
HSBC bullish on opportunities in Asia as region’s wealth creation outpaces peers
The bank’s investments and wealth solutions team are focused on helping their clients make the most of the wealth opportunity in Asia
08/23/2023
Tenet to cut staff amid network closure
While the business anticipates there will be a small number of redundancies, it is looking minimise this and will be communicating with its staff.
08/23/2023
Liontrust to lose FTSE 250 spot in reshuffle as abrdn drops out of FTSE 100
FTSE UK Index series quarterly review
08/23/2023
Liontrust has ‘messed up’ Gam takeover, experts warn
Under the leadership of John Ions, the firm’s assets under management have grown from £1bn to more than £31bn over the past 13 years.
08/22/2023
Swiss Banks Are Once Again Investing More
It indicates a desire to invest to keep pace with competitors or improve their position.