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Wealth and Asset Management

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

09/25/2023

Small Swiss Banks are Generally the Most Successful

That suggests smaller financial institutions are better or more consistent with their respective strategies, positively impacting efficiency and profitability.

09/25/2023

Julius Baer enters into a partnership agreement with SWISS to promote sustainable air travel

The purchase of sustainable aviation fuel (SAF) from SWISS and the Lufthansa Group is intended to support the development and establishment of this alternative energy source.

09/25/2023

Silchester-backed London fund boutique to shut as profits dwindle

Sanderson AM told staff in July it was closing, about a year after its founder retired and following a prolonged decline in its profitability.

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