03/07/2023
Deutsche’s private bank cost-cutting crusade pays off
Also notable was a push to slash its cost-to-income ratio to 70% in 2022, from 92% in 2018, aided by a cull of 18,000 jobs.
Wealth and Asset Management
03/07/2023
SJP partner firm completes first acquisition of 2023
Deal takes its assets under management to around £500m
03/07/2023
Piguet Galland launches two multi-asset alternative funds
The pair of new strategies invest in equities, bonds, real estate and alternative investments.
03/07/2023
Geneva wealth manager to merge with Brazilian multi-family office
The wealth manager Brainvest unites with KPC Consulatoria.
03/07/2023
Schroders Personal Wealth adopts AI-based Aveni Detect platform
The Financial Conduct Authority has recently called for companies to invest more in technology to ensure future regulatory requirements are met.
03/07/2023
Asset and Wealth Management Will Unlock the Most Value for Goldman Sachs. Here's How
The stock is up close to 55% over the past three years.
03/06/2023
China border reopening kick-starts doubling of Standard Chartered wealth-management income in Hong Kong, executive says
Sales of insurance to mainland visitors will return to the pre-Covid level in the second quarter, senior executive says
03/06/2023
Swiss fund manager GAM rushes to find buyer before results
Investment firm seeks deal after share price collapse and delay to earnings report
03/06/2023
AssetCo buys asset manager for £4.1mn
The acquisition is subject to approval by the Financial Conduct Authority and the Reserve Bank of India and the Securities Exchange Board of India, which AssetCo expects to complete by the third quarter of this year.
03/06/2023
Wealth managers urged to tap into growing market of women seeking financial advice
Wealth managers are being urged to act now in order to tap into the growing market of women seeking financial advice.
03/06/2023
Kingswood confirms potential sale of UK business
Consolidator made statement in response to press speculation
03/06/2023
Full-year results 2022: profitable growth, higher profit and higher dividend: Helvetia Group
Helvetia successfully continued on its organic growth path in its profitable core business during the 2022 financial year.
03/06/2023
UBS CEO Gets Bonus Boost
The CEO’s total compensation climbed to over 12.64 francs, consisting of 2.99 million francs in fixed salary and bonus components of 8.5 million francs.
03/06/2023
David Esfandi: You never stop learning
CGWM CEO discusses inflation, the positive impact of Consumer Duty and making wealth management more attractive
03/06/2023
Schroders CEO is pessimistic about inflation, and intrigued by Israel
Over the past few days, the local foreign exchange market has been in an uproar, with investors wondering whether the Bank of Israel will begin intervening and sell off dollars from its huge reserves.
03/06/2023
MWA Financial lands £15mn funding deal
The initial funding commitment is £8.5mn, with longer-term commitment of £15mn, and beyond, as the business grows.
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
03/03/2023
Stonehage Fleming Completes Acquisition Of Rootstock Investment Management
The transaction was previously announced on 21 October 2022.
03/03/2023
Schroders plc - Full-year results 2022
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
UBS advisor team The Stephens Group named to the Forbes Best-In-State Wealth Management Teams list
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.