02/17/2023
LGT’s plan for equities in the ‘upcoming earnings recession’
Thomas Wille, chief investment officer for LGT Private Banking EMEA, said that we should not expect an immediate return to such low interest rate policies.
Wealth and Asset Management
02/17/2023
Zurich IAM obtains Finma portfolio manager licence
ISGAM is supervised by FINcontrol Suisse.
02/17/2023
Pictet WM: Gold remains a strategic asset
Demand for the yellow metal is likely to continue, especially if the US moves to monetary easing, say analysts.
02/17/2023
Standard Chartered denies bid rumours as rising rates buoy income
The power of interest rates to turn around a bank’s fortunes was clear for all
02/17/2023
Coutts private bank revenue breaks £1bn for first time
The 2022 record haul for the private bank was fuelled by £2bn worth of inflows over the year.
02/17/2023
Swiss Re reports a net income of USD 472 million for 2022, targets more than USD 3 billion for 2023
Based on Swiss Re's very strong capital position, the Board of Directors will propose a dividend of USD 6.40 per share.
02/17/2023
BNP Paribas Asset Management study shows strong growth in female board membership
The study compares more than 3,000 companies in which BNPP AM invests with around 17,800 listed companies included in the Institutional Shareholder Services[2] (‘ISS’) database.
02/17/2023
RBS International announces annual results for 2022
Deposits totalled £34.6bn, with customer lending at £16.4bn, an increase of £0.9bn on 2022.
02/17/2023
Bank Zimmerberg reserves more for risks
In the smaller commission and service business, an increase of 1.9 percent resulted in income of 3.5 million francs.
02/16/2023
Hargreaves’ cash revenues up 967% as it profits from market fears
The huge surge in margin from cash accounts helped Hargreaves make total revenues of £350m, a rise of 20%.
02/16/2023
Private Tutors of Ultra-High Net-Worth Families Need to Maintain Discretion and Confidentiality Claims CEO of Tutors International
Education Consultant and Founder of Tutors International, Adam Caller, believes that a new book based on the private tutoring experiences of the author demonstrates a lack of discretion and professionalism.
02/16/2023
NatWest acquires controlling stake in workplace pension fintech for £144m
The company, which provides pensions and savings services via its mobile app, offers customer highly personalised solutions, along with eco-conscious investments.
02/16/2023
Mizuho Financial Group and Lombard Odier form Strategic Alliance to expand onshore collaboration in Japan
Mizuho Financial Group leverages the resources and expertise across its entire business lines to provide products and solutions that transcend the boundaries of finance to meet the diverse and sophisticated needs of high-net-worth individuals
02/16/2023
Thurgauer Kantonalbank Presents Strong Results
Holders of TKB participation certificates will receive an unchanged dividend of CHF 3.10 per share.
02/16/2023
BKB grows profitably and increases group profit by 15%
The work to implement the strategy progressed according to plan, with the result that the core business has developed further and our group infrastructure has become more efficient.
02/16/2023
Bank Cler increases business success and annual profit
At CHF 176.3 million (-0.5%), gross income from interest operations was slightly below the previous year's figure.
02/16/2023
Accountancy group sets up wealth management arm
Company hires former director of an SJP partner firm to run the operation
02/16/2023
Rothschild & Co named Bank for Governments of the Year
This is the second consecutive year we have won this award.
02/16/2023
Standard Chartered’s FY2022 results in Africa and Middle East announced
Record performance for the bank in Africa and the Middle East
02/16/2023
Ex-Danske quartet to run new Janus Henderson Article 8 EMD fund
Hard currency strategy will reflect long-running fund overseen by Copenhagen-based team who were poached last autumn.