09/06/2024
Alpha FMC acquires White Marble and Bankside Financial Solutions consultancies
Alpha Financial Markets Consulting is a global consultancy to the financial services industry
Wealth and Asset Management
09/06/2024
Zurich Star from Lombard Odier Turns Up at Geneva Private Bank
Thanks to his client portfolio, which focuses on the United Kingdom, he was considered one of the key players at the Zurich branch.
09/06/2024
A Different Kind of Foreign Bank is Coming to Switzerland
Now, the first Swiss wineBANK is opening its doors in Bern, with Zurich and Geneva soon to follow.
09/06/2024
Nikko Asset Management to Rename as Amova Asset Management
This name change reflects the progress so far, and path forward, in the firm’s Global Growth strategy to strengthen growth in Japan and expand in global markets.
09/06/2024
Swiss private banking not ready to roll over just yet
Today the country's sole globally systemic lender faces a substantial increase in regulatory capital requirements, under reforms that the Swiss government is advocating for.
09/06/2024
Singapore tycoons’ wealth rises 10%, with Eduardo Saverin topping Forbes’ rich list again
Still, nearly two-thirds of those on the list saw their wealth grow in 2024 from the previous year, supported by Singapore’s expanding economy and stock market.
09/06/2024
What are you seeing in the global private wealth industry right now? By Ernesto Mairhofer, Head of Private Wealth and Family Offices of Citco Corporate Solutions
Citco offers a fully comprehensive breadth of services that can be customized to fit individual client needs
09/06/2024
M&G’s wealth business posted £9mn loss ahead of restructure
The assets under administration for the combined wealth and advice business was £21.8bn at the end of June 2024
09/06/2024
CIBC announces leadership changes affecting wealth management
Changes offer leaders broader experience across banking group's operations
09/06/2024
Santander “steals” from CaixaBank the architect of its private bank’s success in recent years
The entity chaired by Ana Botín has reorganized the management of the bank in Spain
09/06/2024
OCBC Acquires Barclays' Asia Wealth Business for $320 Million
The acquisition strengthens OCBC's presence across Southeast Asia, Greater China, and the Middle East, marking its second-largest private banking deal since 2009.
09/05/2024
SEB to acquire Boye Advisory to strengthen private wealth and family office offering
The transaction will further strengthen SEB’s Private Wealth Management & Family Office division and enhance its offering to this client segment.
09/05/2024
UBS Asset Management completes merger of Credit Suisse Asset Management (Schweiz) AG with UBS Asset Management Switzerland AG
As of 30 August 2024, Credit Suisse Asset Management (Schweiz) AG has been deregistered from the Commercial Register of the Canton of Zurich and has ceased to exist as a separate entity.
09/05/2024
The rise of the integrated adviser for wealthy families
Complexity is growing for families of wealth, beyond the normal complications substantial wealth already brings.
09/05/2024
J.P. Morgan Asset Management Expands Morgan Money Platform with New Treasury and Cash Management Capabilities
Morgan Money and Kyriba to streamline liquidity management workflows for customers
09/05/2024
Affin rolls out tailored wealth management service
UHNW clients to benefit from dedicated financial planning and investment team
09/05/2024
Julius Baer renames subsidiary Kuoni Mueller & Partner to Julius Baer Real Estate Ltd. and acquires all of its shares
At the same time, the Group has bought all outstanding minority shares in the subsidiary, which was acquired in October 2021, and has appointed Thomas Hodel as its new CEO.
09/05/2024
Quilter announces acquisition of NuWealth to enhance digital capabilities
With this acquisition, Quilter aims to evolve NuWealth to work with advisers to help them support clients at the start of their investing journey.
09/05/2024
Banks are ceding their wealth funnel advantage, says Cerulli
A growing gap between clients' use of traditional deposit accounts and wealth management services hints at an untapped opportunity.
09/05/2024
Hong Kong wealthy going digital, embracing AI
Wealth managers must leverage tech’s speed, efficiency to meet client expectations