Managers of Wealth

Kuwait’s Boubyan Bank selects Temenos to modernize retail, corporate and private banking platform

Boubyan is migrating to Temenos’ modern core banking platform to enhance business agility and operational efficiency

DBS second-quarter net profit up 4% to SGD 2.80 billion, return on equity at 18.2%

First-half net profit up 9% to record SGD 5.76 billion driven by broad-based growth in total income

Quilter plc interim results for the period ended 30 June 2024

We delivered a strong performance in the first half of 2024

L&G Asset Management profits drop 14% following strategy shakeup

The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results

Private banking is not for dabblers, warns HSBC

“The flip side of our plan is that I am going to Hong Kong and back, followed by India, Singapore, Saudi, Kuwait and then the UAE.”

Singapore banks see wealth fees surge as rich step up trading

DBS’ results wrap up Singapore’s bank earnings season with the trio enjoying higher fund inflows from clients and active trading in financial markets, generating more fees.

Northern Trust tapped by True Potential for outsourced trading solutions

Northern Trust will provide services across equities, fixed income and exchange traded derivatives, with coverage from multiple trading locations.

Meet the Mayor of Bellevue, the city that will host our new headquarters

Two key features distinguish life in Bellevue, namely its village spirit and its privileged access points to the lake: Port-Gitana, Port Saladin and le Vengeron.

Jersey Finance Director Explores Family Offices Strategies

These strategies are aimed at providing long-term stability for future generations and adapting to various economic conditions.

Can Bali become Asia’s next wealth-management hub?

Jakarta certainly needs to do something to ensure that more of the wealth created onshore stays onshore.

KGI Unveils Strategic Vision for Elevating International Wealth Management in Hong Kong and Singapore

KGI’s International Wealth Management business is set to embark on a holistic initiative to elevate its wealth management and asset allocation services to cater to the unique needs of each client.

UnionBank Private Banking reaffirms commitment to helping clients

UnionBank Private Banking treated guests to a top-tier experience as an expression of gratitude for the trust and partnership accorded to them by their clients.

Voyant and Oxford Risk to launch wealth management planning solution

Partnering with Oxford Risk allows each platform to combine their own strengths.

Abrdn sees fall in revenues as hunt for new CEO goes on

To address these outflows and attract new clients, the firm says it has implemented a series of initiatives.

Escala Partners pair jump ship to LGT Crestone

The team also includes Chris Quigley, Steve de Bolfo and Amelia Kelaher who also all joined LGT Crestone from Escala Partners.

Savvy Wealth completes $26.5 million Series A round

The round also saw participation from existing and new investors, including Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund and Alumni Ventures.

Societe Generale sells UK private bank arm

Paris-based SocGen said the move was designed to make it more streamlined and efficient.

HNW wealth managers announce merger

Wilsons Advisory has a history of over 125 years focused on financial and advisory services with offices across Australia.

Standard Chartered PLC publishes resolvability disclosure

Resolvability disclosures are also being published by other UK banks

Asset managers fret over lost gains as investor cash piles up on sidelines

High-yield savings and caution over market volatility and economic sentiment have left up to $1.5tn out of the market

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Wealth and Asset Management