08/07/2024
All in the game: wealth firms target sports stars
Economic benefits for host countries are always debated before and after tournaments, while many sports stars improve their branding and sponsorship prospects during the events.
Wealth and Asset Management
08/07/2024
Ultra-net-worth, high-net-worth individuals fuel UAE’s strong investment activity
Through the first six months of the calendar year, DFM’s total consolidated revenue grew by 40% to AED305.7 million ($83.23 million), up from AED218.1 million in the same period of 2023
08/07/2024
LGT Crestone carves out increasing role in HNW wealth management sector
The largest companies benefiting from AI were listed offshore.
08/07/2024
Wealth management M&A: strategies for retention of talent
The age profile of the financial advisory profession is heavily weighted towards those in the latter stages of their career.
08/07/2024
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
08/07/2024
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
08/07/2024
Quilter plc interim results for the period ended 30 June 2024
We delivered a strong performance in the first half of 2024
08/07/2024
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
08/07/2024
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.”
08/07/2024
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.
08/07/2024
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.
08/07/2024
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.
08/07/2024
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.
08/07/2024
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.
08/06/2024
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.
08/06/2024
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.
08/06/2024
Voyant and Oxford Risk to launch wealth management planning solution
Partnering with Oxford Risk allows each platform to combine their own strengths.
08/06/2024
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.
08/06/2024
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.
08/06/2024
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.