09/05/2024
Coutts Monthly update: Markets restored amid solid company performance
Despite an uncertain start to the month, markets soon recovered and are now looking forward to the first US interest rate cut in four years.
Wealth and Asset Management
09/05/2024
Howden Switzerland CEO on Growth: «Buying Alone is Not Enough»
While three years have already passed, the firm still faces significant challenges.
09/04/2024
Private Bank Reyl Slips into the Red
In contrast, the bank posted a profit of 10.5 million francs in the previous year, following a comprehensive reorganization by its parent company, Intesa Sanpaolo.
09/04/2024
Calastone Expands Taiwan Presence Amid Growing Demand for Fund Automation
The growth of Calastone’s presence aligns with regulatory efforts to bolster Taiwan’s standing as a preeminent asset management hub.
09/04/2024
Mercer acquires $412m Connecticut RIA
Benchmark Wealth Management in Old Lyme, Conn., primarily serves high net worth retirees.
09/04/2024
EFG Expresses Interest in Acquiring Banque Havilland Assets
By August 2, the private bank announced that the European Central Bank (ECB) had revoked its banking license in Luxembourg with immediate effect.
09/04/2024
JPMorgan Sets Up Dubai Private Banking Team to Tap Wealth Boom
JPMorgan’s international private bank is larger than any of its US rivals
09/04/2024
Swiss insurers significantly increased their overall result in 2023
The overall result increased by CHF 5.9 billion or 78% compared with the previous year.
09/04/2024
Profit of the Syz banking group fell significantly
Although the company, which also operates in Zurich and Ticino (Lugano, Locarno), does not provide detailed information, it describes the group's net inflows as "positive".
09/04/2024
Zürcher Kantonalbank now offers trading and custody for cryptocurrencies
As a universal bank, Zürcher Kantonalbank offers its customers all relevant financial services, including the trading and custody of cryptocurrencies.
09/03/2024
Asian Captive Conference 2024: Shaping the Future of Self-Insurance
The seventh edition of this premier conference will bring together the global captive industry to tackle critical issues and drive forward key discussions
09/03/2024
GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running
The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture.
09/03/2024
Wealth managers forecast client growth of more than 20%
The research included wealth managers and financial advisers representing organisations managing approximately £1.207 trillion in assets.
09/03/2024
Mirova exceeds €200 million in commitments for the final closing of its first private equity fund
Two years after its launch, MEAC has lived up to its promise, raising €211m in commitments, from which 30% come from private clients attracted by the multi-thematic approach of this SFDR Article 9 fund1.
09/03/2024
2024 half-year results: Swiss Life increases profit from operations by 7% – significantly higher fee result
Swiss Life further expanded its fee business in the first half of 2024 and increased fee income by 7% in local currency to CHF 1.26 billion.
09/03/2024
WealthTech Solutions Present a $9.43 Billion Market Opportunity by 2028
The wealthtech solutions market is expected to see rapid growth in the next few years.
09/03/2024
Fostering respect between generations key for wealth transfer conversations
By the time those grandchildren have kids, 90 per cent of that family fortune will be gone.
09/03/2024
Titanbay teams up with Mercer on first private markets fund of funds
The product aims to overcome the key challenges faced by wealth managers in accessing private markets.
09/03/2024
Close Brothers AM unveils Winchester office
A fresh location in Winchester is opened by Close Brothers Asset Management.
09/03/2024
Bank of America opens West Michigan private bank to grow local market share
Bank of America Private Bank for years has served high-net-worth clients in West Michigan from a location on the east side of the state.