07/21/2014
Cantor Fitzgeraled seeks global bolt-ons
Cantor Fitzgerald is looking to “aggressively” bulk up globally across asset management and investment banking, with the US brokerage setting its sights on acquisition targets on both sides of the Atlantic.
07/21/2014
Natixis To Fund Research On Investing
The project, to be conducted by the Massachusetts Institute of Technology, will focus on investor behavior and the personal benchmarks investors set.
07/21/2014
Julius Baer Buys Bank Leumi's Swiss Private Bank
The most recent deal wasn't widely anticipated
07/21/2014
Julius Baer 6-month IFRS Net Profit Climbs 56%
Assets under management (AuM) grew to CHF 274 billion
07/21/2014
WH Ireland withdraws from third party adminstration
Wealth manager and stockbroker WH Ireland has reported strong profit growth in the six months to May
07/21/2014
Wealth firm's acquisition spree boosts profit by 50%
Revenues were up 50% at £7.3m, earnings before interest, tax, depreciation and amortisation rose by 97% to £0.81m and pre-tax profits were up 55% at £0.54m.
07/21/2014
UBS expects its business with its wealthiest clients to grow by 7 to 8 percent in terms of assets, as the area plays an increasingly important role for the Swiss private bank.
07/21/2014
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, said its affluent Russian clients were less active in the first half of the year amid political tensions in the region.
07/21/2014
True Potential Associate Partners and True Potential Adviser Services) remains one of the fastest-growing technology and financial services companies in the UK.
07/20/2014
The industry is far from homogeneous and is extremely fragmented, with more than 19,000 firms.
07/20/2014
The group is understood to have told 11 of its 25 London-based dealers late last week that their job is at risk
07/20/2014
The 209 largest wealth management firms in the world boosted their assets under management by 19.7% last year.
07/18/2014
Credit Suisse CIO: trades to help you relax on the beach
We are gripped by the idea of volatility being too low
07/18/2014
Wealth manager ponders market listing in London
Private equity firms are gearing up for a busy period of floats
07/18/2014
BSI Bank ready to samba under new Brazilian owner
Asia will be a big focus for BSI as part of BTG's global strategy.
07/18/2014
YourWealth buyer seeks further online advice deals
Momentum Global Investors’ recent deal for the YourWealth.co.uk site is part of the South African asset manager’s drive for growth which its chief executive has said will see it seek further deals in the online advice market.
07/18/2014
Walker Crips boosts revenues after hiring spree
New hires in the quarter included Steven Moss, Mark Entwistle, and John Fletcher, all of whom joined from Barclays Wealth.
07/18/2014
The agreement will allow Arbuthnot Latham to focus on its core private-banking business
07/17/2014
The success of Locate Jersey in helping almost 100 new businesses establish themselves in Jersey over the last two years in areas such as renewable energy, fin-tech, ICT and mining was highlighted to an audience of senior business professionals in London
07/17/2014
Brown Shipley saw pre-tax profit triple to £7 million over the course of 2013.