05/01/2023
Schroders quietly boosts stake in takeover target GAM
Asset manager pushes beyond 5% position in Swiss group, according to most recent filing.
Wealth and Asset Management
05/01/2023
Will Social Security be there for me?
Social Security’s 2023 Trustees Report states that Social Security’s total costs are projected to be higher than its total income in 2023 and all later years, meaning trust fund reserves will be tapped so that beneficiaries can receive full pa
04/28/2023
Informal discussion: Two entrepreneurs, one private bank
This was a fabulous opportunity to show that across the generations, entrepreneurs with different personalities
04/28/2023
Stonehage Fleming on 150 years of managing wealth
The Flemings manage the wealth of the world's leading families and have themselves faced all the challenges an affluent family might expect
04/28/2023
Private Markets: Time for a vol-iday
The ensuing recalibration of expectations dragged markets through another bout of anxiety, only for investors to be assaulted, yet again, by a veritable banking crisis.
04/28/2023
LGT has even bigger plans in Germany
The head of LGT customer business, Andreas Loretz, had previously discussed expansion in Germany.
04/28/2023
NatWest Private Banking delivers a profit of £133m in Q1 2023
NatWest Group’s strong performance in Q1 2023 is underpinned by our robust balance sheet
04/28/2023
Deutsche Bank Agrees to Combine UK and Ireland Corporate Finance Business with Numis
Accelerates Deutsche Bank’s Global Hausbank Strategy. Establishes Leading Force in UK Investment Banking
04/28/2023
Coutts profit jumps 62% on higher rate income
The NatWest subsidiary posted operating profit of £133m for the first three months of the year, driven by a 37% year on year increase in total income to £80m.
04/28/2023
Lombard Odier wins two Bilanz magazine awards
This year, Lombard Odier was awarded the "long-time quality leader" prize
04/28/2023
Investec W&I CEO rejects insider centralisation push claims
Sources told Citywire that several key exits were linked to concerns that Investec W&I was moving towards a more prescriptive, centralised model, which the firm’s new CEO has denied.
04/28/2023
abrdn merges three multi-manager funds with MyFolio range
Part of consolidation programme
04/28/2023
CI Financial to sell minority stake in US wealth management firm
The stake was acquired before CI Private Wealth was established and is not congruent with its partnership model
04/28/2023
Wealth manager M&A soars to £137bn in 2022
The wealth management and Financial Planning sectors have seen a wave of mergers and acquisitions over the past fews with some weeks seeing several takeovers announced.
04/27/2023
Bank CIC reports positive result thanks to solid foundations, despite eventful year
Total operating income was CHF 190.6 million, an increase of 8.8% on the previous year.
04/27/2023
Deutsche Bank to sharpen Management Board’s focus on accelerating strategy execution
Against the backdrop of a challenging environment, costs and controls will continue to be areas of significant focus.
04/27/2023
How B Corps are building a community culture to help all businesses
Coutts CEO, Peter Flavel, reflects on recent discussions with fellow B Corp CEOs and how an inclusive culture can help build greater change in businesses and markets.
04/27/2023
Morningstar Wealth Introduces Portfolio Analytics Enrichment from ByAllAccounts
New enhancement wraps key portfolio information into one flexible solution for advisors
04/27/2023
UOB’s net profit surges on wealth management rebound
Fee income registered double-digit 14% growth, led by wealth management, says the bank.
04/27/2023
St James’s Place partner firm makes second deal of 2023
Acquisition takes its assets under management to more than £650m