03/10/2017
UBS cuts bonus pool by 17 pct, CEO makes $13.5 mln
Most European investment banks paid out smaller bonuses in 2016 as they cut costs and sought to meet shareholder demands for a greater share of profits.
Wealth and Asset Management
03/10/2017
Split could cost Old Mutual £230m
The benefits to shareholders may be more than £2bn, while the group says it is on track to meet deadline of end-2018
03/09/2017
Gulf Bank concludes Annual General Meeting
Gulf Bank recorded a net profit of KD 43 million for the year ended 2016, a 10% increase over the previous year.
03/09/2017
UBS Wealth Management Americas Partners with Rethink Impact
Rethink Impact fund invests in female-led companies creating transformational social and environmental change
03/09/2017
UBS launches a new wave of its brand campaign focusing on women
The track record doesn’t seem to matter as much when you are female.
03/09/2017
State Street tackles gender equality in finance
A key contributor to effective independent board leadership is diversity of thought
03/09/2017
UBS unveils gender-lens white paper and initiatives
Women's legal protections are also still underdeveloped.
03/09/2017
UBS Raises $100 Million US Fund to Invest in Woman-Led Firms
There has never been a better time to enter the field of impact investing.
03/09/2017
Goldman, UBS quants see US dollar warning sign in theory from 1500s
But they're sending a consistent signal that should worry US dollar bulls.
03/09/2017
Van Lanschot: strong profit increase and higher dividend
2016 was a good year for Van Lanschot despite low interest rates, major volatility and global political and social uncertainty.
03/09/2017
What the world’s wealthiest can do to empower women
Ultra-high net worth individuals can adopt equality policies in their firms and invest in women-friendly businesses.
03/09/2017
Kenya's Super Rich Bet Big On Real Estate
Kenyan HNWIs clearly realise the long-term stability that property investments offer
03/09/2017
Royal Bank closes 40 accounts following internal Panama Papers probe
While the bank notes that there's no evidence that any of those companies were doing anything illegal
03/09/2017
Old Mutual profit up 1 pct, names new chairman for emerging markets business
Regulatory change has made it too complex to run the disparate group
03/09/2017
Old Mutual Wealth rules out acquisitions as profit falls 15%
The company suffered a slide in adjusted operating profit of 15% from £307 million to £260 million.
03/09/2017
Swiss private bank Lombard Odier's 2016 profits fall, assets rise
The rise in client assets in 2016 is positive in what was a challenging market
03/09/2017
Old Mutual Wealth spends £8m to buy advice firms
Old Mutual Wealth said it would continue to buy advice firm to grow this national business over 2017
03/09/2017
Citi Private Bank Named Overall Winner for Investment Performance at Private Asset Managers Awards
This award highlights that these efforts are being recognised throughout the industry.
03/09/2017
Wealth Manager Regional Stars Awards 2017: The 8 winners revealed
We reveal the eight winners of our Regional Stars Awards, the leading local discretionary managers, as voted for by over 700 financial planners.
03/09/2017
Old Mutual break-up on track for 2018 despite UK tech issues-CEO
The firm said in a trading statement it planned to give more detail on the platform upgrade within the next two months.