02/26/2024
HSBC: Wealth Management Connect expansion drives investment
Around two-thirds of respondents to HSBC's survey said they plan to boost investment via WMC on the back of today's enhancements.
Wealth and Asset Management
02/26/2024
UBP seeks to double Middle East business in five years
To meet the growing demand for sharia-compliant products, the Bank has formed its own sharia board and is focusing on offerings for institutions, private clients, and family offices.
02/26/2024
Gold prices should consolidate
This means that as the USD weakens in the second half of the year, gold will rise given longstanding negative correlations with the greenback.
02/26/2024
Blackstone CEO Schwarzman collected $1.4b last year
Blackstone slowed its pace of cashing out of deals last year, as would-be buyers stayed on the sidelines and high interest rates curbed valuations.
02/26/2024
Square Mile CEO steps up to lead Titan AM as FCA approves acquisition
Square Mile’s Richard Romer-Lee has joined Paul Hunt as co-chief executive of Titan Asset Management after the acquisition has received regulatory approval.
02/26/2024
UBS: High-yield bonds in euros are attractive
This should help keep defaults not only below long-term averages
02/26/2024
The wealth of generations
These phenomena are often linked to the secular decline in interest rates and labour income shares, and are connected to the life-cycle behaviour of consecutive generations.
02/26/2024
LLB Group significantly increases profits
The LLB Group was able to maintain its growth momentum in the 2023 financial year.
02/26/2024
Greater Bay Area: HSBC, Standard Chartered increase Wealth Management Connect products amid drive to promote cross-border investment
It comes a month after the PBOC and HKMA announced six measures to strengthen financial cooperation between the mainland and Hong Kong
02/26/2024
Wealth manager GSB strives to become ‘biggest financial services firm in the world’
The couple named the business after their three children – George, Spencer and Beatrice.
02/26/2024
Keebeck Wealth Management and iCapital team to expand investing opportunities
Keebeck Wealth Management and iCapital collaborate to increase family and entrepreneur investment options.
02/26/2024
Saudi Arabia's Wealth Management Sector Embraces the Future with Robo-Advisors
Saudi Arabia is at the forefront of financial technology innovation with the rise of robo-advisors. Discover how this digital renaissance is reshaping wealth management in the Kingdom and beyond.
02/26/2024
SJP co-founder and former RIT chair Jacob Rothschild dies aged 87
Stepped down from RIT in 2019
02/26/2024
IBK asset management lays groundwork for rebound in 2024
As the newly appointed leader of the group, she emphasized that the focus is on regaining the eroded trust of financial consumers throughout the industry.
02/23/2024
The hottest topic in private banking at the moment
Private bankers are returning from this region with bright eyes and spreading an optimism that has not been seen for a long time.
02/23/2024
Sandra Cho and Kristy Motta named 2024 Forbes Top Women Wealth Advisors Best-In-State
This award marks the eighth annual ranking of Forbes/SHOOK Top Women Wealth Advisors Best-In-State, which features 1,991 women managing cumulative assets of over $2.8 trillion.
02/23/2024
Deutsche Bank: Ex-CS squad feels IT breakdown in its own pocket
The background to the sanction against management is the failed migration of Postbank's IT data to Deutsche Bank's systems.
02/23/2024
Schroders Solutions client secures £114m buy-in
Schroders Solutions, the £212.1 billion global capability, has a long-standing relationship with the trustees of Vector Pension Scheme, a valued Fiduciary Management client, for over 15 years.
02/23/2024
Morgan Stanley wealth chief touts the benefits of being big
Morgan Stanley COO Jed Finn touted his wealth management team’s multiple advantages over rivals at this week's Bank of America Financial Services conference in Miami.
02/23/2024
StanChart records $14bn wealth inflows as it announces strategic overhaul
The British lender is to cut $1.5bn of costs, buy back $1bn of shares and distribute $5bn over the next three years as it looks to bolster its ailing share price.