02/17/2025
abrdn Adviser cuts charges for wrap clients
In addition, standard platform charges for existing Wrap clients have been reduced, aligning them with the pricing structure introduced for new clients last year.
Wealth and Asset Management
02/17/2025
NOVA Wealth achieves B Corp status
It employs a growing team of 70, including 16 advisers
02/14/2025
VP Bank strengthens leadership with Co-Heads to lead Singapore Branch; reaffirms commitment to growth in Asia through Singapore location
VP Bank's core competency lies in its deep expertise and established presence in the Intermediaries segment.
02/14/2025
Rich people’s problems: Confidence in economy hits record low among wealthy Brits
This marks a steep decline from the beginning of Labour’s term when confidence levels in August last year fizzed at 84 per cent.
02/14/2025
Leonteq update ahead of AGM 2025
Separately, Lukas Ruflin has informed the Board of Directors that he will no longer stand for election as a Board member at the upcoming AGM.
02/14/2025
Moment of truth for HSBC boss
Duplications are to be eliminated and the cumbersome bureaucracy within the organisation is to be reduced.
02/14/2025
NatWest comfortably beats expectations but lower interest rates might test profitability
The bank’s capital position has dipped slightly, partly due to capital return, but remains well within its target range.
02/14/2025
Rothschild & Co receives two major awards from Global Finance
Global Finance names the best banks and other financial service providers
02/14/2025
GUEST POST: Accessing the Swiss institutional and professional investor market
Switzerland’s regulatory framework is very open by European standards and allows all fund structures (including non-EU and those located offshore) access to its attractive pool of investors.
02/14/2025
Natixis Wealth Management to Acquire Dorval Asset Management
This proposed sale would be accompanied by the opening of Dorval Asset Management's capital to its employees.
02/13/2025
Wealth managers must stop selling trusts if they want to beat Saba
Saba has found little support in the UK for its campaign against seven investment trusts, but plenty of people are ready to sell their stakes.
02/13/2025
ABN AMRO Bank posts net profit of EUR 397 million in Q4 2024
With almost half the global population holding elections, 2024 was an exceptional year.
02/13/2025
Barclays profit leaps by a quarter as investment activity booms
The UK bank also enjoyed a boost from taking control of Tesco Bank’s savings, loans and credit cards last year.
02/13/2025
Lumin Wealth acquires IFA firm based in Berkshire
This purchase adds over £50m of assets under management to Lumin VZ Group and marks the ninth acquisition since 2019.
02/13/2025
Lombard Odier reports full-year 2024 results
Full-year net profit therefore stood at CHF 179 million, down 19% year-on-year.
02/13/2025
Boutique outperformer sees ‘unwarranted’ discount in Vontobel bonds
RAM Active Investments runs the Strata Credit fund, which has beaten its sector average over three years.
02/13/2025
The first external member of the ZKB Philanthropy Foundation
The UBS Cultural Foundation is also undergoing a personnel renewal.
02/13/2025
Glarner Kantonalbank with good annual result for 2024
The Board of Directors is proposing a dividend payment of one franc per share to the General Meeting.
02/12/2025
BNP Paribas WM: Top Five Investment Themes in 2025
The bank has proposed five major investment themes in 2025 to its clients.
02/12/2025
Citi expects social finance funding in Asia to increase by over 10% in 2025
In 2024, Citi led social finance transactions raised over US$2 billion across Asia.