10/19/2023
HL shares drop as new customers and trading dry up
The online brokerage’s shares were down 5% as it struggled to gain new clients, while existing clients moved cash out of dormant accounts.
Wealth and Asset Management
10/18/2023
Ahead of sale to Creative Planning, Goldman reports wealth management dip
Helping to bolster those numbers were the bank's roughly $2.4 billion in management fees, a figure up 7% year over year.
10/18/2023
UBS GWM to Retain Australia and India Businesses, Shuts Thailand Wealth Management Onshore Unit
Although a final decision is pending, sources suggest that Credit Suisse's onshore wealth management units in India and Australia are relatively secure.
10/18/2023
Julius Baer Faces Being Pilloried
But now Julius Baer's name is coming up concerning tax crimes, money laundering, and alleged fraud.
10/18/2023
Indosuez CEO Jacques Prost: «1+1 doesn't make 2 at new UBS»
At the same time, it's been present in Switzerland for 145 years and can reflect on a long experience in business with wealthy individuals, families, and companies in this country.
10/18/2023
Citibank Singapore to Open Two Satellite Wealth Hubs
New locations in Parkway Parade and Holland Village will complement main Orchard hub to bring wealth advisory services closer to affluent clients
10/18/2023
Broadridge Launches New Fill Matching Platform, Enabling Real-Time Reconciliation for High Volume Trading
The Fill Matching solution offers real-time reconciliation, ensuring that brokers and asset managers are constantly in sync, minimizing end-of-day mismatches.
10/18/2023
Quilter PLC Third Quarter 2023 Trading Statement
Third quarter core business net inflows of £1 million contrasted with net inflows of £324 million in the corresponding period of 2022.
10/18/2023
Boutique wealth manager opens Asian wealth-advisory practice
Comprising of a team of multilingual financial advisers
10/18/2023
Nikko Asset Management joins long list of financials calling for plastic reduction
They warn that the whole plastics lifecycle poses a serious and growing threat to the environment, climate, biodiversity, human rights and public health.
10/18/2023
Liontrust Loses £1.6 Billion of Assets in Months of GAM Takeover Bid
At the same time, assets under management fell 6.3 percent to 27.7 billion pounds at the end of the quarter, slipping further to 27.5 billion as of October 12.
10/18/2023
Swiss fund management expands Zurich team
S&F offers asset managers, banks, insurance companies, pension funds and family offices tailor-made fund solutions according to Swiss law and has branches in Morges VD and Zurich.
10/18/2023
Morgan Stanley slips as wealth management revenue disappoints
In terms of revenue, the quarter generated $13.3 billion, slightly exceeding the consensus estimate of $13.25 billion.
10/18/2023
LGT obtains global Great Place to Work certification
LGT has been certified by the international consulting and research institute Great Place to Work as an excellent employer.
10/18/2023
Brooks Macdonald unveils international gilt portfolio service
Wealth manager Brooks Macdonald has announced the launch of its gilt portfolio service.
10/18/2023
Four Geneva CIOs reveal biggest contrarian calls
In Citywire’s new series Strategists with a View, investment chiefs discuss the investments the market is overlooking.
10/17/2023
Wilmington Wealth Management Firm Joins New York Conglomerate
Rockefeller touted the expertise Decision Point Wealth Partners will bring to Rockefeller in its release, stating the Wimington team has 120 years of combined experience in private wealth management.
10/17/2023
Introduction: UK WealthTech Landscape Report 2023
In the UK, there is plenty to go at. Nowhere is this more pertinent for the UK wealth management community than within the mass affluent sector, either self-made or those that are short to inherit.
10/17/2023
A unique online private wealth platform for Singapore
The clients of Swissquote in Asia appreciate that most transactions can be done online without complicated manual processes.
10/17/2023
Abbove Selected as a Banking Tech Awards 2023 Finalist
The Banking Tech Awards program produced by Fintech Futures celebrates excellence and outstanding achievements in the banking and fintech industry.