10/27/2023
Canaccord Genuity eyes Close Brothers wealth business in UK push - sources
Such a deal would be another example of consolidation in the UK's fragmented wealth management industry, driven by both corporates and financial investors.
Wealth and Asset Management
10/27/2023
Hertford-based financial planner makes acquisition
Adding £40m to assets under management
10/27/2023
JP Morgan Asset Management Ramps Up Offerings Aimed at Wealth Channel
JP Morgan Asset Management Ramps Up Offerings Aimed at Wealth Channel
10/27/2023
Coutts’ profits drop 58% as clients demand higher-interest accounts
Deposit levels are up, but the private bank is no longer able to sustain high margins on savings as clients seek out higher-interest accounts.
10/27/2023
ZKB is Putting a Lid on its Bonuses
This will decouple the variable compensation from the profit jump for 2023, given the good half-year result.
10/27/2023
UBS: The Ermotti Connection Plays in Ticino
It's now also clear what will happen to the previous Credit Suisse boss in Ticino.
10/27/2023
Amundi bucks industry outflows as assets near €2tn
Passive funds and Asia demand stood out during the third quarter
10/27/2023
LUKB quarterly financial statements as of September 30, 2023
This means it exceeds the comparable result from the previous year by 30.1 million francs or 17.9%.
10/27/2023
FCA continues review into NatWest after 'potential regulatory breaches' identified over Coutts incident
'Failed to treat him fairly'
10/27/2023
Butterfield Reports Third Quarter 2023 Results
As higher-for-longer interest rates have developed as the most likely scenario in the near term, competition for deposits has increased across our island jurisdictions, particularly in the Channel Islands.
10/27/2023
Fiduciary Trust expands its $94B firm to ‘Wall Street South’
The Franklin Templeton subsidiary says the South Florida market is an important one.
10/26/2023
Barclays appoints Head of Sustainable and Impact Banking, Asia Pacific
She will report regionally to Vanessa Koo, Head of Investment Banking, Asia Pacific.
10/26/2023
Close Brothers hires Investec Wealth’s Peter Horton
Horton makes the move after 17 years at Investec Wealth
10/26/2023
Room Zero Announces Deal With Jupiter Asset Management
Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information.
10/26/2023
Swiss Life Asset Managers expands index-based investment business
Swiss Life Asset Managers is a leading European provider with a wide range of investment solutions and a wealth of experience in this investment segment.
10/26/2023
Why private banking should include a female focus
The industry’s mindset and offering is too often still geared to yesterday’s realities, where men were overwhelmingly the clients.
10/26/2023
Boris Collardi and Murat Yakin's joint bet
The application has been live for three months and has already been downloaded more than 100,000 times.
10/26/2023
Stifel CEO Lauds Wealth Amid Slump in Dealmaking
Wealth management goes up, and the institutional business does down by an equal and like amount.
10/26/2023
Secrets of High Net Worth individuals
Reaching and engaging High Net Worth consumers has always been a tantalising challenge.
10/26/2023
UBS AM merges sustainable corporate bond funds
The UBS Corporates Active Climate Aware fund had underperformed its benchmark over five years.