11/16/2022
Zurich is setting itself higher targets for 2025
The group has now set itself the goal of achieving a return on equity of 20 percent and more.
Wealth and Asset Management
11/16/2022
Enormous price differences in wealth management
For some mandate constellations, the fees of the most expensive providers can be three times as expensive as those of the cheapest, according to a market survey by the Moneyland comparison service .
11/16/2022
First Wealth boss eyes private backing for hybrid advice service
Self-funded until now, Villis wants to secure private investment in the first quarter of next year.
11/16/2022
Ex-Citibank duo set up wealth management firm
It will offer services to clients in Asia and Middle East region
11/16/2022
Crédit Agricole du Nord Est announces the creation of 2 vehicles to support business development and transition
The bond debt thus supplements the bank financing without impacting the distribution of the company's capital.
11/16/2022
Outsourcing: Investing in quality to ensure efficiency
In fact, almost three out of four managers expect to increase the number of non-core operations they intend to outsource to external partners (so-called outsourcers) by 2023.
11/16/2022
Apex Group wins Participant Capital mandate
This mandate is expected to be expanded in due course to provide additional depositary and digital banking services via Apex Group subsidiary EDB.
11/15/2022
Do Not Respect their Authority
The key fact is that central banks had no basis for declaring it transitory, nor any real understanding of why inflation was quiescent and then erupted violently.
11/15/2022
Swiss Private Banks Arab Bank (Switzerland) Ltd. and Gonet & Cie SA sign a strategic business partnership agreement
This partnership is also a unique opportunity for Arab Bank Switzerland to strengthen its wealth management offering and its position in Switzerland.
11/15/2022
HSBC Launches Prism Advisory For Private Banking Clients In Asia
The contractual service is available to HSBC Global Private Banking clients booked in Hong Kong and Singapore and will be extended to eligible retail banking customers in Hong Kong later this month.
11/15/2022
Credit Suisse accelerates radical restructuring of Investment Bank; Enters into definitive transaction agreements to sell a significant part of its Securitized Products Group to Apollo
As part of the transaction, Apollo has agreed to acquire a significant part of Credit Suisse’s SPG portfolio assets.
11/15/2022
Credit Suisse cuts jobs in Asia
In addition, at least two other Singapore-based bankers from the division and two employees with the rank of director from the investment banking and capital markets divisions have been dismissed.
11/15/2022
Sale of North American Asset Management business
Wintrust to expand its Investment Management business, enters into agreement to acquire North American Asset Management units from Rothschild & Co
11/15/2022
UAE wealth manager unveils DIFC operation
Dubai Financial Services Authority licence was ‘next natural step’ for the business
11/15/2022
Deflating Exaggerated Worry
The credit market is still somewhat wary of the risks of an economic slowdown.
11/14/2022
Gen X’s average net worth and the obstacles they face in building wealth
Generation X, or Gen X, is made up of individuals born between 1965 and 1980.
11/14/2022
Kingswood acquires Glasgow-based Strategic Asset Managers Limited
The opportunity to build our relationships across Scotland is an exciting one as we strive to help more people achieve their goals.
11/14/2022
HSBC Private Banking Launches New Advisory Offering in Asia
The offering combines human expertise at the bank with data analytics capabilities, most notably Blackrock’s Aladdin Wealth technology.
11/14/2022
EFG's Stefan Gerlach: «The Fed is driving an interest rate Ferrari»
The European Central Bank, Federal Reserve, and Bank of England followed suit with rate hikes of equal magnitude.
11/14/2022
How HSBC Global Private Banking is adapting to meet the changing needs of its clients
Wealth creation is still on the rise, with the number of affluent individuals in Asia-Pacific expected to outstrip all other regions