11/17/2023
Investec holds its own
Investec looks set to meet its full-year targets, despite the choppy economic backdrop
Wealth and Asset Management
11/17/2023
Coutts wins ‘best bank for diversity and inclusion’ award just months after Nigel Farage debanking row
The awards came just months after Coutts apologised for debanking GB News presenter Nigel Farage.
11/17/2023
The Art Of Winning Ultra-High-Net-Worth Clients
As a result, they remain stuck in a place that may be comfortable but that probably isn’t generating the success they know they could achieve.
11/17/2023
Bordier signs on as Sygnum Singapore’s first B2B partner bank at the Singapore Fintech Festival
Partnership will allow Bordier to leverage Sygnum’s institutional-grade custody, risk management and off-balance sheet digital assets
11/17/2023
Edmond de Rothschild and BIDV form a strategic Alliance to create the leading private bank in Vietnam
This partnership will offer unrivaled opportunities for BIDV’s Private Banking clients to experience the most high-end services and connect with global elites through Edmond de Rothschild’s unique ecosystem in Europe.
11/17/2023
Julius Baer to sell Kairos to Anima
Julius Baer Group and Kairos’ co-shareholders have agreed to sell 100% of Kairos to Anima Holding. Closing of the transaction is expected in spring 2024.
11/17/2023
Results of the ONE swiss bank SA Extraordinary General Meeting held on 16 November 2023
In addition to this delisting, the EGM approved the distribution of an extraordinary dividend of CHF 0.23 per share, paid out of the Company’s reserves.
11/17/2023
Edelman Financial Engines Acquires PRW Wealth Management
This marks the fifth acquisition by EFE over the past thirteen months and continues the expansion of the firm’s wealth planning capabilities across key regions nationwide.
11/17/2023
Meet the 2023 Women in Wealth Management Award Winners
The winners were celebrated today at the Excell Represent conference during the Women in Wealth Awards ceremony.
11/17/2023
Two Julius Baer Guernsey wealth managers in Citywire’s Top 100
Citywire, a financial media company offering news and analysis for financial professionals, compiles an annual list of the UK’s leading fund selectors, which is now in its 12th year.
11/17/2023
Wealth firms could see jump in fines in wake of consumer duty
After largely avoiding heavy penalties over the last few years, Oxford Risk has warned the wealth sector could see a sharp rise in fines following the introduction of consumer duty.
11/17/2023
Silchester sells down long-held stake in GAM
The UK boutique has reduced its allocation to the Swiss asset manager in the wake of NewGAMe’s deal.
11/17/2023
ADIB recognized as the Best Islamic Private Bank globally
Latest accolade is part of Private Banking Awards 2023 by Professional Wealth Management Magazine, a Financial Times publication
11/17/2023
Citi’s new wealth head sees unique prospects for growth
Andy Sieg is back again from Merrill Lynch, and has big plans for Citi’s new global wealth franchise.
11/16/2023
Steven Cohen's Point72 Asset Management Adjusts Portfolio, Notably Reduces Adobe Stake
His firm operates on a multi-manager platform
11/16/2023
EFG International: Record profitability with net profit in excess of CHF 240 million in 10M 2023
In the first ten months of 2023, EFG delivered net profit in excess of CHF 240 million.
11/16/2023
Wealth management division buoys Canaccord through another tough quarter
Inflation forcing some clients to withdraw assets to meet needs
11/16/2023
Wealth management sector pays out £3.8m in fines to FCA
The £3.8m equates to around 7% of the total £52.8m in fines imposed by the FCA in the year to date.
11/16/2023
Liontrust suffers bruising losses as clients pull £3.2bn
Pressure from failed GAM deal and its UK equity bias have hurt Liontrust, with losses amounting to £10m in six months.
11/16/2023
Baloise continues to generate growth
All national Baloise companies contributed to the growth, both in local currency terms and in Swiss francs.