05/15/2024
Best Middle East wealth managers 2024
Part of the Spear's Wealth Management Indices 2024
Wealth and Asset Management
05/15/2024
GKB sells minority stake in Twelve Capital Holding AG
The investment manager will increasingly focus internationally in the future.
05/15/2024
Kaiser Partner Privatbank is increasing the pace
The assets under management increased from 5.3 billion francs in the previous year to 5.7 billion francs.
05/15/2024
BLKB strengthens the investment business
In order to further expand its market share in the indifferent business, BLKB will create the new Wealth Management division on October 1, 2024.
05/15/2024
DFMs face big challenge as real returns slump to 2016 levels
ARC finds that the typical client at a wealth manager would effectively have lost 15% of their wealth since a peak in 2021.
05/15/2024
ABN AMRO Bank posts net profit of EUR 674 million in Q1 2024
In the first quarter of 2024 we delivered a very strong performance, with a net profit of EUR 674 million.
05/15/2024
Private Bankers and Dealmakers in a Daring Role Reversal
This is currently evident between investment banking and private banking—two branches of banking with deep cultural divides and distinctly different archetypes.
05/14/2024
Colombo Wealth: Takeover and new investment boss
The focus is on customers in the Greek market
05/14/2024
Hargreaves Lansdown launches model portfolios using BlackRock’s passive funds
The investment platform is rolling out a range of passively-managed multi-asset solutions in response to the rising popularity of cheap trackers.
05/14/2024
Nomura aims to nearly double profit over 7 years with focus on wealth management
The business is seen as more stable than trading which is closely tied to the ups and downs of markets.
05/14/2024
Evelyn Partners trading update for the three months ended 31 March 2024
Group operating income in Q1 increased 9.5% to £178.0 million (Q1 2023: £162.5 million) with growth across all three business segments.
05/14/2024
J Safra Sarasin launches private markets advisory arm
Private banking group recruits trio of senior bankers to lead new initiative.
05/14/2024
Seven J.P. Morgan Advisors and 10 Teams Named Barron’s Top 100 Financial Advisors and Top Private Wealth Management Teams
These rankings are two of the most selective in the industry
05/14/2024
Wealth management firm eyes rapid expansion
Financial advisers seek likeminded businesses in 10th anniversary year
05/14/2024
Another Swiss private bank expands to Dubai
The company speaks of a “strategic milestone” in expanding its presence in the Middle East and improving its ability to serve customers in the region.
05/13/2024
Nedbank Private Wealth recognised as best UK private bank for tenth consecutive year
Winners are determined by a public online vote, which this year saw a new record of over 50,000 votes being cast.
05/13/2024
Three William Blair Advisors Ranked Top 100 in America by Barron’s; Four Teams Make Top 250 Teams List
All the advisors recognized are partners of the firm, with an average experience of 27 years in the financial services industry. All three advisors have been named to the list in previous years.
05/13/2024
Vontobel launches Swiss equities fund with strong client backing
The Fund’s investment objective is to deliver relative outperformance in negative, stable, and rising market phases whilst offering a recurring distribution yield of around 7-8 percent per annum from dividends and tax-free capital gains.
05/13/2024
Availability of conversion capital for UBS Group AG Additional Tier 1 instruments issued since November 2023
As a result, as from such date, these instruments are subject to equity conversion (and no longer subject to write-down) upon the occurrence of a trigger event or a viability event.
05/13/2024
Rock and GAM enter into commitment letter for the proposed rights issue
The proposed rights issue of up to CHF 100 million will be offered to all existing shareholders.