06/02/2023
UBS to keep Credit Suisse's private banking business in Spain
UBS plans to retain the domestic wealth management business of Credit Suisse in Spain.
Wealth and Asset Management
06/02/2023
Goldman Sachs to Hire More Advisors for UHNW Unit: Exec
Waldron was speaking specifically about the group of around 1,000 advisors and support staff at its ultra-high net worth Private Wealth business, a spokesperson confirmed.
06/02/2023
Janus Henderson and Privacore announce partnership
Janus Henderson’s strategic goals to diversify and expand its company are in line with this approach.
06/02/2023
Morgan Stanley’s Profit Goal for Wealth Management Division
However, it recently set a goal of $12 billion in pretax profits for its wealth management division in the coming years.
06/01/2023
Scotia Global Asset Management announces risk ratings changes on some of its Funds
There is no change to the investment objective or strategy of the funds associated with their new risk ratings.
06/01/2023
Impax Asset Management Group plc Interim results to 31 March 2023
Additional contribution to AUM of £3.3 billion from market movements, investment performance and the impact of foreign exchange effects
06/01/2023
Swiss National Bank Concerned by Pace of Bank Run
A massive amount of deposits went out in a matter of days, Jordan said, adding that it was something the SNB had to look at very carefully to avoid such bank runs happening in future.
06/01/2023
Wealth consolidator forks out £8m on double acquisition
Jersey-based firm Team has broadened its global reach through acquiring Globaleye Wealth Management and Thornton Associates.
05/31/2023
Now Credit Suisse Shareholders are After UBS
This time the claims are directed at UBS.
05/31/2023
Wealth manager opens office in Petersfield
It is the SJP partner firm’s second operation across the UK
05/31/2023
Charleston wealth management firm merges with Atlanta firm
Apollon is a full-service wealth management firm, and as a result of this partnership
05/31/2023
Standard Chartered and Singapore FinTech Association partner on blockchain paper to drive sustainability in supply chain payments
Concept paper deep dives into sustainability practices across global value chains and reveals specific tools to encourage alignment and integration among stakeholders
05/31/2023
Refik Anadol’s ‘Glacier Dreams’ debuts in Singapore as a new multi-sensory experience in Julius Baer’s NEXT initiative
Inspiring joy and hope, ‘Glacier Dreams’ will be projected on the façade of ArtScience Museum
05/31/2023
Pictet Moves European Headquarter Out of Luxembourg
The designated head of the institution and head of wealth management for the region is Christian Schroeder.
05/31/2023
Handelsbanken enters into an agreement to sell private, SME and life insurance operations in Finland
The private customer, asset management and investment services operations are to be sold to S-Bank, who will also take over lease agreements for branch offices.
05/31/2023
Everything you need to Know about Millionaires' media habits by Altiant
Altiant will help you devise successful strategies with the second edition of their Millionaire Media Consumption
05/31/2023
Credit Suisse Shares Breach NYSE Rules
Under the terms of the agreement, Credit Suisse shareholders will receive one UBS share for 22.48 shares.
05/30/2023
Canaccord Genuity Group Inc. announces completion of its acquisition of Mercer's Canadian Private Wealth Business
The former clients of Mercer Private Wealth will benefit from access to the extensive range of services offered by Canaccord Genuity Wealth Management in Canada, in addition to global research and expertise from across Canaccord Genuity Group.
05/30/2023
Citi Global Wealth’s CIO warns of a rolling recession
However, lower rates by the end of year provides opportunities to extend bond duration and add emerging market debt.
05/30/2023
Wellington Management cuts 5% of staff following strategic review
The $1tn firm becomes the latest asset manager to lay off members of its workforce to reduce costs.