05/13/2024
Where UBS could take CS’s bonuses as a model
In order to stimulate transfers between divisions, the big bank paid special commissions to investment bankers who referred customers to CS asset management.
Wealth and Asset Management
05/10/2024
ZEDRA confirms completion of fiduciary services business from AlTi Tiedemann Global
LJ Fiduciary and APO will shortly be rebranded and merged into the existing ZEDRA Group.
05/10/2024
ZEDRA announces streamlined Escrow Solution for Pension Schemes of all sizes
The introduction of the solution comes following the reduction of the tax rate on surplus, from 35% to 25%.
05/10/2024
LGT Wealth Management New Edinburgh base at Capital Square
LGT has taken over 9,000 square feet of grade A office space at Capital Square
05/10/2024
Swiss private members club for ultra high net worth is landing in Dubai
The Club helps to envision the future, trains to become investors in startups and deeply connects rare individuals from Europe and the Middle East at unforgettable receptions
05/10/2024
Manulife wealth management posts 25% profit growth
Overall profit gains despite challenges in some key sectors
05/10/2024
UBS ponders dealmaker bonuses for funnelling clients to wealth unit
The Swiss bank is looking to close the gap on US private banking rivals
05/10/2024
Wealth managers uncertain over inflation path for this year
Wealth managers have their own forecasts over inflation trends for this year.
05/10/2024
John Woods: «Strong Gains in the Second Half Are Unlikely»
He believes that the second half of 2024 is likely to generate softer returns of mid to low single digits.
05/10/2024
Chinese Investors Put USD277 Billion Into Wealth Management Products in April
The country’s WMP sector reached a size of CNY28.63 trillion (USD3.96 trillion) as of the end of last month, statistics from the department of research of Citic Securities showed.
05/10/2024
SJP takes 20% stake in partner firm’s group
The wealth giant has bought into Cooper Associates Group, parent company of partner firm Cooper Associates Wealth Management.
05/10/2024
Scotia Wealth Management celebrates best int'l private bank award
It honours banks with a global footprint that best serve the unique needs of high-net-worth individuals.
05/10/2024
OCBC: Non-Interest Income Drives Record Profit
This marks a quarterly record high for the Singapore lender.
05/10/2024
Labuan IBFC and Qatar Financial Centre launch joint publication on Islamic finance
Joint publication was launched in conjunction with masterclass series which featured panel discussions on Shariah-compliant leasing and wealth management solutions
05/09/2024
HSBC Global Private Banking presents “Growth with Purpose” event for women-led business leaders in Qatar
HSBC continues to support women entrepreneurs in turning their dreams and visions into reality
05/09/2024
Schroders files application to launch wealth LTAF
The new strategy will have a lower investment minimum that will allow wealthy clients with smaller portfolios to access private equity.
05/09/2024
Brookfield Asset Management Announces Strong First Quarter Results
Insurance Flows and Castlelake Add $75 Billion of AUM Since Quarter End
05/09/2024
First Citizens Wealth Launches Enhanced Private Investments Capabilities
Private Investments reflects our commitment to delivering outstanding options and advice to our clients.
05/09/2024
Achieving scale in wealth management through innovative technology automation
Assets under management in the global wealth management market are expected to grow to £118 trillion in 2027
05/09/2024
Weatherbys Banking Group reports doubled pre-tax profits in 2023
The group’s return on equity increased to 34.2%, and the net interest margin rose to 4.82%.