09/03/2024
Fostering respect between generations key for wealth transfer conversations
By the time those grandchildren have kids, 90 per cent of that family fortune will be gone.
Wealth and Asset Management
09/03/2024
Titanbay teams up with Mercer on first private markets fund of funds
The product aims to overcome the key challenges faced by wealth managers in accessing private markets.
09/03/2024
Close Brothers AM unveils Winchester office
A fresh location in Winchester is opened by Close Brothers Asset Management.
09/03/2024
Bank of America opens West Michigan private bank to grow local market share
Bank of America Private Bank for years has served high-net-worth clients in West Michigan from a location on the east side of the state.
09/02/2024
Chinese tycoons are using stock to borrow from private lenders as bank liquidity dries up
With Fed easing imminent, ‘clients are once again comfortable using their stocks as collateral for project funding’, HSBC executive says
09/02/2024
Julius Baer's Signa-Linked Loan Losses Could Shrink
The reason for this is that a portion of the controversial loans extended by Julius Baer to René Benko appears to be more valuable than feared.
09/02/2024
Titan Wealth to close multi-asset range of funds in one month
The news follows Tavistock’s termination of its partnership with Titan last month
09/02/2024
Gen Z wants an inheritance. Good luck with that, say their boomer parents
Many young adults are pinning their hopes on the Great Wealth Transfer, a generational exchange of riches that could pass $90 trillion from boomers to their heirs over the next 20 years.
09/02/2024
No Smooth Sailing Expected for UBS’ Iqbal Khan
This is a historical milestone for the Swiss financial giant as it has placed a divisional president in Asia for the first time ever.
09/02/2024
Envestnet Earns Recognition as Finalist for Seven Wealth Management Awards
Known as the “Wealthies,” these awards highlight companies and individuals driving success in the financial advisory sector.
09/02/2024
AI Parameters Make Wealth Management Unrestricted by Time and Expertise
Now, with the integration of AI, big data, and other technologies, wealth management is becoming smarter, more personalized, and more efficient.
09/02/2024
Perpetual’s KKR deal faces scrutiny amid share price decline
The firm has since entered into a scheme of arrangement under which KKR will buy its corporate trust and wealth management businesses for $2.1 billion.
08/30/2024
Two directors appointed in VG Private Wealth and Corporate teams
Gabriela Jakubczyk becomes a Director of Corporate and Sheena Huggett becomes a Director of Private Wealth.
08/30/2024
Geneva-Based Private Bank One Swiss Reports Lower Profits
Following a strong performance in 2023, One Swiss reported a decline in net profit for the first half of the year.
08/30/2024
A survey reveals that nearly half of family wealth consists of financial assets
Despite the trend of diversifying booking centers, nearly half of high-net-worth individuals still keep all their assets in a single country
08/30/2024
Azets Wealth Management buys Glasgow-based firm
It offers a range of financial planning services including pensions, investments, family wealth planning, corporate investment, IHT planning and other bespoke requirements.
08/30/2024
Pictet announces first-half 2024 figures
The Pictet Group's total equity and total capital ratio remained strong.
08/30/2024
Zürcher Kantonalbank once again achieves a pleasing half-year result
The AAA rating for Zürcher Kantonalbank was confirmed again
08/30/2024
Swiss Asset Manager GAM to Expand US Team With Miami Office
The move was driven by demand from US offshore clients, mostly in Latin America
08/30/2024
Nomura plans to add 30-35 wealth bankers across Asia offices in Dubai, Hong Kong & Singapore over next two years: Report
Nomura plans to hire more wealth management bankers in Dubai, Hong Kong, and Singapore, aiming to boost wealth assets outside Japan to $35 billion by next year.