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Wealth and Asset Management

11/21/2023

BBVA Switzerland and Metaco boost institutional digital asset offerings

This infrastructure will help BBVA develop its digital asset and private key custody capabilities, enabling the bank to support future business use cases in the digital assets realm.

11/21/2023

StanChart Opens First HNW Center in China

This sits in between Standard Chartered’s affluent and private banking segments.

11/21/2023

HSBC Reaches Half of China Wealth Hiring Target

Sun noted that growth in China’s wealth and insurance sector is outpacing forecasts for the country’s broader economy.

11/21/2023

Q3 figures: Swiss Post’s result impacted by lower letter and parcel volumes

The result reflects the challenging market environment and the accelerated trend towards digitization.

11/21/2023

Colm Kelleher's new part-time job

Chairman of the board of directors of Swiss companies are increasingly in demand.

11/21/2023

Blackstone to shut multi-strategy fund after assets fall 90%

Fund suffers £1.5bn fall in assets since end of 2019 as performance lags

11/21/2023

Former Quilter director targeting HNWs with wealth venture

The firm has recently launched its UK wealth arm with its parent company based in Jersey.

11/21/2023

UK millionaires group projects ‘tax our wealth’ on to Treasury and Bank of England

Jeremy Hunt should increase taxes on rich to help fund public services for all, says Patriotic Millionaires UK

11/21/2023

Elif Aktuğ: Gender diversity ‘isn’t happening quickly enough’ in private assets

Elif Aktuğ says gender-diverse teams have lower risk profiles.

11/20/2023

$700 Million Advisor Team Joins UBS in Hartford, Connecticut

The Keating Group joins the UBS Greater New England Market and will be located in the Hartford office at One State Street, which is managed by William Cholawa and Andrew Babiak.

11/20/2023

QNB named ‘Best Wealth Manager Servicing in Qatar’ 2023 by WealthBriefing

The prestigious award is a testament to the bank’s standing as the leading wealth management institution in Qatar

11/20/2023

Lombard Odier wins award for top international bank in the Middle East

The former recognises the outstanding performance from a private bank servicing the MENA region with a headquarters outside the region.

11/20/2023

Julius Baer: Interim Management Statement for the first ten months of 2023

Continued net new money inflows support asset growth – Relationship manager hiring pace maintained – Seasonal slowdown in client activity – Capital ratios improved further.

11/20/2023

Zürcher Kantonalbank launches new sustainable portfolios for frankly, vested benefits and pillar 3a

This product range is available for securities savings in Pillar 3a and vested benefits and is available with an equity share of 25, 45, 75 and 95 percent.

11/20/2023

Crossinvest incorporates the team and clients of the Zurich asset manager

The asset manager Crossinvest Zurich wants to take the next step in its growth story.

11/20/2023

2plan wealth management announces protection referral partnership with LifeSearch

Through the partnership 2plan advisers can choose to pass their clients, with an identified protection need, directly to LifeSearch.

11/20/2023

Santander Private Bank Introduces Bitcoin, Ethereum Trading for Clients in Switzerland

Santander Private Banking International is offering buy, sell and hold services with bitcoin and ether to clients with accounts in Switzerland.

11/20/2023

Julius Baer No Longer Such a Clear Pure Play

The bank considers itself a pure-play private bank with a focus on wealth management, which is generally light on the balance sheet side.

11/20/2023

HSBC on track to meet China wealth hiring target despite economic headwinds

Most foreign banks still rely on in-branch wealth planners to serve clients in China.

11/20/2023

IAM Crossinvest absorbs Zurich family office

The Crossinvest group has over CHF 3bn in assets under management.

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