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Wealth and Asset Management

09/30/2024

Hong Kong a magnet for Asia’s rich as diverse investment options boost Citibank’s clientele

High-net-worth individuals from mainland China and Asia use Hong Kong to invest their wealth as they seek wider investment choices and better returns

09/30/2024

We will never open a bank, says Avaloq CEO Greweldinger

Many fintech firms seek banking licences to boost valuations, which leads to easier funding access and smoother exits. This, however, is not Avaloq’s strategy.

09/30/2024

Altum Group Achieves Double Honour with Two Trustees Named in Citywealth’s Top 25 Under 40

The inclusion of Joanna and Suzanne reflects not only their individual achievements but also Altum Group’s commitment to nurturing top talent and delivering world-class service.

09/30/2024

Gabriele La Monica: «Andrea Orcel Will Succeed»

The Germans, and partially the French, are used to seeing Italy as a discount store where they can buy interesting brands at low prices.

09/30/2024

Citi Private Bank uncovers family offices top priorities

Navigating Interest Rate Evolution, Asset Preservation and Meeting Family Expectations

09/30/2024

Compliance specialist starts her own business

The company specializes in outsourcing compliance and risk management functions for asset managers in Switzerland and Liechtenstein.

09/30/2024

Kingswood group assets rise 8.3% as losses reduce

The statutory loss before tax for the period was £5.9m, an improvement of £3.9m against the restated comparable period last year

09/30/2024

Family offices, ultra high net worth investors eye private equity

The interest from these two investor groups could bolster fundraising over the next few years.

09/30/2024

Deutsche Private Bank shakes-up investment arm

The private bank sets up a new division focusing on ultra-high-net-worths, family offices and other professional clients.

09/30/2024

Ninety One makes final close European private credit fund at €150m

The fund aims to provide “tailored asset-based private credit solutions to underserved non-sponsored borrowers in European mid-markets”.

09/27/2024

Citywire Awards: Vote for Switzerland’s best private bankers

The first edition of the Citywire Switzerland Private Banking Awards will reward individual bankers and high-quality banks.

09/27/2024

Millennials still have time to build wealth—but they need to ‘start now,’ says money expert

But now, with the oldest members of the generation approaching their mid-40s, it’s past time for them to take investing seriously in order to build wealth.

09/27/2024

Pitcher Partners executives launch advice firm

Viola serves as executive chair and adviser.

09/27/2024

2024 Proxy Voting Highlights Split Between Main Street and Wall Street in Corporate Elections, New Broadridge ProxyPulseTM Report Finds

Individual investor ownership and voting is rising

09/27/2024

Abrdn Founder Martin Gilbert Eyes Private Bank

Following this, Andbank conducted a due diligence review.

09/27/2024

Santander and BlackRock boost their work in Private Asset Finance

Partnership for Private Asset Financing widens between Santander and BlackRock

09/27/2024

Lombard Odier officially opens its new Antwerp office

The office aims to strengthen the Bank’s proximity to its Belgian clients, particularly in the Dutch-speaking area.

09/27/2024

More than a quarter of SJP's funds do not deliver value

Of the 45 funds within the SJP range, 70 per cent were deemed to represent good value - a 10 percentage point increase on last year’s total.

09/27/2024

Janet Yellen Sees Lessons from Credit Suisse Failure

he name is already fading from view in international circles, increasingly replaced by the brand of the last major Swiss bank standing – UBS.

09/27/2024

Investec announces new 60% LTV mortgage for high-net-worth clients

The interest rate environment has really improved for borrowers

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