03/14/2023
Silicon Valley Bank: What happened and what’s the investor impact?
The main reason this was necessary is because the bank invested deposits in long duration (interest rate sensitive) bonds when interest rates were very low.
Wealth and Asset Management
03/14/2023
Edmond de Rothschild Coroprate Finance advises Collingwood Lighting and its Shareholder Ambienta in the Acquisition of Indigo Lighting
The business is led by Olivier Lapiere and Sebastien Dumont who have both reinvested alongside Ambienta as part of the transaction.
03/14/2023
Dowgate offers 'better than average' compensation to poach wealth managers
Central to his approach for growing the wealth management business is a plan to recruit managers from other firms, including firms that have been taken over, and where the wealth managers may feel constrained by being part of a larger organisation.
03/14/2023
DWS Wins Multiple Awards in Asia Pacific
The annual Asian Private Banker’s Asset Management Awards for Excellence honours and identifies outstanding providers of asset management products and services to private banks in the Asia Pacific region.
03/14/2023
Standard Bank Fiduciary executives recognised at Powerwomen Awards
Now in its twelfth year, the prestigious awards program celebrates women who have made significant contributions to their industry while promoting and supporting other women.
03/14/2023
Fed’s data-chase continues amid volatility and banking turmoil
Now, the Fed is also working to contain financial risk, following some small bank failures.
03/14/2023
Goldwater Launches One-Stop Wealth Service
Leveraging technology and flexible mandates, the firm will formulate personalized trust solutions that cover personal and family protection, retirement planning and long-term asset arrangements.
03/14/2023
IQ-EQ wins ‘Best Fund Administrator’ at the Private Equity Wire 2023 European Awards
Winners were announced at an exclusive ceremony and networking event at the Reform Club in London on 8 March 2023, where senior leaders from IQ-EQ were in attendance.
03/13/2023
The Great Wealth Transfer Will Radically Change Financial Services
This will drastically shake up the financial services industry as players jockey for position with beneficiaries.
03/13/2023
How Wells Fargo lost a $1.9B team to Private Wealth Asset Management
Zac Ritchey was tired of all the promises he couldn't keep to his ultrawealthy clients at Wells Fargo.
03/13/2023
First Republic Bank Strengthens and Diversifies Liquidity
Capital and Liquidity Remain Very Strong
03/13/2023
HSBC acquires Silicon Valley Bank UK Limited
Strategic acquisition to strengthen HSBC’s banking franchise in UK
03/13/2023
Saxo UK teams up with Moneyfarm to launch mutual fund portfolios for M&G Wealth &me customers
Moneyfarm developed the bespoke investment app, created the new &me branding and proposition, from concept, design to completion.
03/13/2023
JM Finn unveils regional hub in York
Yorkshire team relocated from Leeds
03/13/2023
Credit Suisse's Michael Marr: «A Hunger for Private Equity in Australia»
Not unlike its peers, Credit Suisse has observed demand for the asset class across Asia Pacific.
03/13/2023
Silver win for Deloitte Director at the Citywealth Powerwomen Awards
The awards ceremony, which was held on 1st March in London, recognises female professionals in the wealth management industry who have demonstrated outstanding achievements in their field.
03/10/2023
Regionality and sustainable growth lead to a very successful business year
With a share of 76% of the overall success, the interest business represents the most important pillar of earnings for the Clientis banks.
03/10/2023
Perth Mint: A Gold Doping Scandal Unravels
As part of an accepted practice of allowing a fraction of non-gold components, the refinery claims that it had met the industry standard of 99.992 percent purity, which is below the SGE’s own standard of 99.996 percent.
03/10/2023
Hampden & Co in first-of-its-kind £2bn private finance pilot to help landowners restore woodlands
The private finance investment pilot is aiming to mobilise up to £2 billion in landscape scale restoration of native woodland.
03/10/2023
Credit Suisse shares hit rock bottom due to annual report delay
Credit Suisse's stock price has hit an all-time low after the investment bank delayed its annual report.