05/31/2023
Everything you need to Know about Millionaires' media habits by Altiant
Altiant will help you devise successful strategies with the second edition of their Millionaire Media Consumption
Wealth and Asset Management
05/31/2023
Credit Suisse Shares Breach NYSE Rules
Under the terms of the agreement, Credit Suisse shareholders will receive one UBS share for 22.48 shares.
05/30/2023
Canaccord Genuity Group Inc. announces completion of its acquisition of Mercer's Canadian Private Wealth Business
The former clients of Mercer Private Wealth will benefit from access to the extensive range of services offered by Canaccord Genuity Wealth Management in Canada, in addition to global research and expertise from across Canaccord Genuity Group.
05/30/2023
Citi Global Wealth’s CIO warns of a rolling recession
However, lower rates by the end of year provides opportunities to extend bond duration and add emerging market debt.
05/30/2023
Wellington Management cuts 5% of staff following strategic review
The $1tn firm becomes the latest asset manager to lay off members of its workforce to reduce costs.
05/30/2023
Private banking brands exit – how it creates new opportunities
There may be significant openings for expansion
05/30/2023
Wealth management for Millennials: Are firms missing out on a massive opportunity?
A report from HSBC UK found that 57% of non-investing customers were unlikely to invest in the next 12 months for fear of losing money.
05/30/2023
Singaporean wealth management fees are set for weak growth in 2023
In their Q4 2022 results, Singaporean major banks revealed that their revenue was negatively impacted by low wealth management fees
05/29/2023
Credit Suisse Loses Against Georgian Oligarch in Singapore
The move marks another setback for the bank in its legal battle with the Georgian oligarch.
05/29/2023
Soochow Securities (Hong Kong) Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services
Several favourable policies have recently been announced to attract more family offices to settle in Hong Kong, fully reflecting the determination of Hong Kong to enhance its competitiveness as a global wealth management center and develop the city as a f
05/29/2023
Union Bancaire Privée acquires Angel Japan Asset Management
The transaction will see UBP further strengthen its presence in Japan and is a clear demonstration of UBP’s ambitions to expand its footprint in Asia-Pacific.
05/29/2023
Deutsche Bank boosts investment in Vietnam to support growth
Bank nearly doubles its capital allocation in Vietnam, demonstrating strong commitment to the market
05/29/2023
Wealth manager St James’s Place kicks off hunt for new chief
The FTSE-100 company is working with Russell Reynolds Associates to find a successor to Andrew Croft, who has worked for St James’s Place since 1993, Sky News learns.
05/29/2023
UBS, CS Offer Inflow-Linked Bonus to Bankers in Asia
This is more attractive than typical bonuses which are linked to fee-generating assets which requires clients to invest, in addition to opening an account and banking their assets.
05/29/2023
Mirova’s ‘very French’ plan to change the world
Guillaume Abel, deputy CEO of the Natixis-affiliated asset manager, has a global vision.
05/29/2023
Wealthiest Billionaires Have Seen Their Wealth Increase By $1.1 Billion This Year
Their total wealth has increased by around 8% since the start of the year and is now $7.52 trillion, the analysis by the firm which supplies technology for security firms supporting ultra-high net worth (UNHW) families and individuals.
05/29/2023
How top banks like JPMorgan and Goldman Sachs train young wealth managers to work with ultra-rich clients
Insider spoke to 4 top banks about how they prepare bankers to work with their most prized clients.
05/29/2023
Credit Suisse Throws UBS a Few Curves in China
The current situation in China makes that abundantly clear.
05/26/2023
Three UBS advisors in Florida named to Forbes/SHOOK Top 250 Wealth Advisors list
The list was developed by SHOOK Research and is based on a variety of qualitative and quantitative factors, including in-person interviews, industry experience, compliance records, assets under management, and revenue.
05/26/2023
Four UBS wealth management advisors in Hawaii named to Forbes and Barron’s Top Advisor Lists
This acknowlegment recognizes their experience, professionalism and dedication to providing clients with high quality advice and service.