03/06/2023
Former top Credit Suisse shareholder Harris Associates sells out of bank
CIO David Herro questions ‘future of franchise’ after years of scandal and client exodus as shares hit new low
03/06/2023
CIO David Herro questions ‘future of franchise’ after years of scandal and client exodus as shares hit new low
03/03/2023
The transaction was previously announced on 21 October 2022.
03/03/2023
Net new business (NNB) was resilient at £(1.6) billion (excluding joint ventures and associates) given the volatile fourth quarter. 2023 has started positively, particularly in Schroders Solutions.
03/03/2023
Since joining UBS in 1999, they have consistently earned industry recognition for their extensive wealth management experience and deep commitment to providing high-net-worth clients with customized, comprehensive financial solutions.
03/03/2023
Blackstone and Sixth Street jointly owned the business since 2015 during which time Kensington improved its processes and expanded its product offerings while achieving an extended period of accelerated growth.
03/03/2023
Farro says it amassed over $1 billion in assets since October
03/03/2023
Risk management has surged to the forefront of concerns for asset managers as new risks keep being added to the list, complicated by an evolving ESG landscape, says JP Morgan Asset Management's Sherene Ban.
03/03/2023
Credit Suisse is also offering a rate as high as 7 percent for one-year deposits, the sources told Reuters.
03/03/2023
Kaiser joins four Swiss banks, UBS, Credit Suisse, Zürcher Kantonalbank and Berner Kantonalbank, that are already CSD members.
03/03/2023
The new all-time low for Credit Suisse shares stands at 2,497 Swiss francs.
03/03/2023
The plan to hire additional workforce in Asia is based on the belief that business will take a momentum after the Covid-19 pandemic stalled activities for a few years.
03/02/2023
The founding shareholders welcome Andera Acto to its capital, which will accompany the Group in the next stages of its development.
03/02/2023
As a result of Truvvo joining LAM, the firm’s global wealth management AUM, including assets managed across the firm’s European wealth management business, will total approximately $22 billion.
03/02/2023
Under this programme, Julius Baer repurchased a total of 7,799,460 registered shares at an average price per share of CHF 51.29 for a total volume of CHF 400 million on a second trading line on the SIX Swiss Exchange.
03/02/2023
The Group’s total client assets stood at CHF 300 billion at end of 2022.
03/02/2023
The jumbo rates underscore the need to recover from outflows which topped $100 billion last quarter as Credit Suisse grapples with a steady drumbeat of senior departures in wealth management, who will soon be trying to take assets to their new employers.
03/02/2023
Lessened derating
03/02/2023
The profit exceeds the previous year's result by 10.6 percent.
03/02/2023
Market movements blamed for 4% AUM decline
03/02/2023
We expect central bank policy to remain tight in 2023, which should make for volatile stock markets.