09/28/2023
J.P. Morgan Picks Up $2B Advisor Team From Citi
Adding a team with $2 billion in client assets supports this push at the expense of Citi, which also wants to improve the business it does with wealthy investors.
Wealth and Asset Management
09/28/2023
HSBC to acquire Citigroup China consumer wealth business
The deal could be announced as soon as next month, the two sources said
09/27/2023
“We want Luxembourg as a real hub”: Indosuez executives
But the three of them have known each other for quite a while, Carcy points out during our interview, given that they’ve all worked for Crédit Agricole for many years.
09/27/2023
These 3 tech billionaires saw the biggest wealth jump in 2023
Tesla boss Elon Musk, Meta Platforms CEO Mark Zuckerberg and Amazon founder Jeff Bezos have seen the biggest wealth surges in 2023, based on Bloomberg Billionaires Index calculations
09/27/2023
Vega exits stealth with over $8 million in funding to reshape wealth management
Beyond investment products, Vega is also building a wide range of liquidity and financial planning solutions.
09/27/2023
W.H. Ireland Swings to Pretax Loss Amid Challenging Backdrop
Revenue fell to GBP26.7 million from GBP32.0 million.
09/27/2023
Results of the Extraordinary General Meeting of GAM Holding AG
Both NewGAMe and Rock have reiterated their long-term commitment to secure the necessary financial resources to fund GAM’s operations and provide stability for the firm.
09/27/2023
Pictet takes pole in Europe's uneven adoption of Article 9
As the European Commission consults on the future of its Sustainable Finance Disclosure Regulation, we assess how asset managers have adapted to the rules.
09/27/2023
Julius Baer proud to support iconic Montreux Jazz Festival in China
Julius Baer has been a Global Partner of the Montreux Jazz Festival since 2022.
09/26/2023
VP Bank Opens New Singapore Office
In addition, VP Bank is also celebrating its 15th anniversary in Singapore.
09/26/2023
Private client quartet launch MEUM Group in London to cater for the ultra wealthy
Firm will provide legal advisory and financial management services under one roof

09/26/2023
UBS and China's ICBC to explore banking, wealth management ties
The deal includes product development and distribution, client coverage, global market trading, investment and financing, research, asset custody and exchange of expertise.
09/26/2023
Close Brothers AM profits tumble 27% amid sale rumours
Total managed assets increased 7%
09/26/2023
Mashreq: Private Banking Reimagined
Mashreq Private Banking distinguishes itself via its personalised and holistic approach
09/26/2023
Tilney and S&W investment culture clash causes Evelyn tension
Tilney and Smith & Williamson’s widely differing approaches to business are causing tension within the merged Evelyn entity, according to sources close to the company.
09/25/2023
Bank of Singapore Witnesses Soaring Wealth Planning Demand
Bank of Singapore anticipates that this trend will continue, with expectations that the number of trusts set up by the end of 2023 will double compared to the previous year.
09/25/2023
The Future of Wealth Management in Asia: Greener, More Mobile, and Engaging
Asian investors, in particular, are becoming more sophisticated in their financial goals, seeking local expertise, global access, and tailored wealth solutions.
09/25/2023
Private Banks Shift Leadership Focus Southwards
Leadership focus in the private banking industry continues to further shift towards South and Southeast Asia, evidenced by newly formed structures at several major players.
09/25/2023
Wells Fargo Preps for Wealth Battle After $1 Billion Turnaround
Wells Fargo seeking to add hundreds of independent advisers
09/25/2023
Swatch CEO Regrets Credit Suisse Downfall
By deciding to abandon the Credit Suisse brand, UBS has now opened the doors to players from abroad