08/29/2022
Randy Carver Named One of the Top 250 Wealth Advisors in United States in Forbes’ 2022 List
This is the seventh year in a row that Randy has been included in this prestigious list of top wealth advisors across the United States.
Wealth and Asset Management
08/26/2022
HSBC Asset Management Announces Proposed Changes to the HSBC BRIC Equity Fund
Subject to unitholder approval, AMCA proposes to change the investment objectives of the Fund to take effect on or around 2 December 2022.
08/26/2022
Deutsche Bank wins Best Emerging Market Trading Platform for second year running
The award is given to the platform that offers best-in-class EM services for clients, focusing on high liquidity, cost efficiencies, innovative solutions as well as breadth of services.
08/26/2022
Zürcher Kantonalbank achieved a record half-year profit of CHF 541 million
In the first six months of the current year, Zürcher Kantonalbank increased its operating income by 6% to CHF 1,344 million, laying the foundation for the very good result. All major sources of income have contributed to this growth.
08/26/2022
UBS and CS herald private banking for the masses
The memo announced the reallocation of CS customers booked in Switzerland.
08/26/2022
Cantonal Banks in Conversation
Measured in terms of the balance sheet total of all banks domiciled in Switzerland, cantonal banks hold the highest share of domestic business at around 30% while 47% of the Swiss population trust a cantonal bank as a customer.
08/26/2022
Quilter expands digital signature capability with addition of four providers, bringing total to 11
The additions take the number of digital signature providers recognised by Quilter to 11.
08/26/2022
Citi Named Best Bank in Asia at the Euromoney Awards for Excellence
Citi has a clear vision — to be the preeminent banking partner for institutions with cross-border needs and a leader in wealth management.
08/26/2022
Big Six banks bolster bad-loan provisions amid profit declines
Credit losses cause net incomes to drop at two of Canada's largest banks
08/25/2022
Endowus Doubles Client Assets in a Year
Other key growth milestones achieved over the last 12 months include an over 120 percent increase in the number of clients served in Singapore and a 350 percent surge in assets on Endowus’ fund platform.
08/25/2022
Revealed: Evelyn's £12m bill for triple adviser swoop
Evelyn paid nearly £12m to acquire three adviser businesses last year, the latest set of accounts for Tilney Smith & Williamson reveal.
08/25/2022
Lombard Odier reports half-year results for 2022
Operating income for the first half of 2022 was CHF 689 million, down 4% from the first six months of 2021.
08/25/2022
LGT reports higher profits and strong net asset inflows for the first half of 2022
The first half of 2022 was exceptionally challenging due to the geopolitical and economic uncertainties in international financial markets, which was also reflected in the generally subdued level of client activity.
08/25/2022
Bank Avera significantly increase half - year profit
Together with slightly lower material expenses and depreciation, the bank achieved a 23.0 percent increase in business profit before taxes.
08/25/2022
JO Hambro Capital parent accepts $2.5bn Perpetual bid
Citywire Australia: The merger creates a global asset manager with combined funds under management of $201bn.
08/25/2022
Baloise achieves solid financial results for the first half of 2022 as it enters a new strategic phase
The main performance drivers alongside our operational strength were increases in real estate valuations and profit on claims reserves.
08/25/2022
Strategic partnership - ETH and UBS launch partnership to promote innovation and entrepreneurship
UBS will also make a donation of up to CHF 20 million to support the construction of a new ETH building on the Hönggerberg campus.
08/25/2022
Van Lanschot Kempen announces EGM related to capital return proposal
After the capital return, the CET 1 ratio will remain well ahead of Van Lanschot Kempen’s capital objective of 15%, plus an M&A add-on of 2.5% for acquisitions.
08/25/2022
Bonds to Edge Equities
Both equities and bonds were under pressure last week, with the weakness particularly noticeable in the US.
08/25/2022
KB launches new premium private banking brand
KB’s new private banking services come 20 years after the firm’s first private banking brand KB Gold & Wise was established.