03/14/2025
VP Bank Promises Improvement
After the disastrous year of 2024, VP Bank aims to grow and increase revenue in the current year.
Wealth and Asset Management
03/14/2025
UBS Limits Home Office
With this measure, the bank aims to achieve a more balanced occupancy of office spaces.
03/14/2025
Gold price breaks magic threshold
The ongoing geopolitical risks and growing fears of a further escalating trade dispute and further tariffs have caused the price of the precious metal to rise further.
03/14/2025
‘We’re not the US!’: Wealth managers stand by DEI
UK wealth managers pledge to keep DEI targets as regulators scale back their demands.
03/14/2025
ASK Wealth high net-worth clients make most of opportunity to invest in Blackstone’s private equity fund
In expansion mode, ASK Wealth takes branch network to 25, adds more relationship managers
03/14/2025
HSBC GPB's UAE head of private banking exits
After almost a decade in the role, and two decades at the bank, the Anglo-Asian giant's private banking UAE head is leaving.
03/14/2025
Wealth managers reduce exposure to investment trusts
Nearly half of them said it would be a bad year, with one going as far as to say “it’s over” for investment trusts
03/13/2025
aberdeen Investments Adds Ex-J.P. Morgan Executive
Based in Singapore, he reports to Flavia Cheong, head of Asia Pacific equities.
03/13/2025
VP Bank records a group net income of CHF 18.5 million and is on track with its package of measures to increase efficiency
Client assets under management rose by 9.5 per cent, while the new money inflow was 3.6 per cent.
03/13/2025
LPL Financial Welcomes Four Advisors to Carnegie Private Wealth
The advisors reported serving approximately $475 million in advisory, brokerage and retirement assets.* Larsen joins LPL from Wells Fargo Advisors, and Decker, Lewis and Miller join from Edward Jones.
03/13/2025
Titanbay adds wealth management heavyweight to board
He has also held senior roles at Barclays Wealth, Fortis Investments, and Prudential M&G.
03/13/2025
UBS GWM opens Japan and Australia desks in Singapore
The Swiss private bank is also considering partnerships with domestic players in Australia and India to help it launch local products.
03/13/2025
Valartis returns to profitability
Total operating income increased by 70 percent compared to the previous year.
03/13/2025
SCB Wealth Partners with BlackRock to Strengthen Global Investment
This partnership will guide clients towards international investments, offering high-quality, innovative opportunities to boost returns in a fast-changing economic landscape.
03/13/2025
Twenty Four Wealth Management acquires Florida RIA
The acquisition expands Twenty Four Wealth's assets under management to $1.1bn.
03/13/2025
UBS receives regulatory approval for changing its shareholding in Credit Suisse Securities in China
UBS AG and Founder Securities entered into a tri-party agreement with BSAM In June 2024 for UBS AG and Founder Securities to sell 36.01% and 49% stakes respectively in CSS to BSAM.
03/13/2025
Supporting Independent Asset Managers
The success of Luxembourg’s financial center with private clients continues to strengthen year after year.
03/13/2025
Stanbic IBTC Bank Revamps Private Banking Services to Help Nigerians Build Enduring Wealth
Leveraging its extensive market knowledge and international experience, the bank delivers customized solutions that align with the unique goals of each client.
03/13/2025
UBS considers sale of some real estate assets in asset management unit, sources say
Earlier this year, potential acquirers approached UBS bankers including Joseph Azelby, global head of real assets, to explore a deal
03/13/2025
Bridgepoint assets double from 2021 IPO
The now $75.6bn PE firm is reaping the benefits of its acquisition of infrastructure firm ECP. It has lofty ambitions to increase assets to $200bn by 2031.