06/01/2023
Wealth consolidator forks out £8m on double acquisition
Jersey-based firm Team has broadened its global reach through acquiring Globaleye Wealth Management and Thornton Associates.
Wealth and Asset Management
05/31/2023
Now Credit Suisse Shareholders are After UBS
This time the claims are directed at UBS.
05/31/2023
Wealth manager opens office in Petersfield
It is the SJP partner firm’s second operation across the UK
05/31/2023
Charleston wealth management firm merges with Atlanta firm
Apollon is a full-service wealth management firm, and as a result of this partnership
05/31/2023
Standard Chartered and Singapore FinTech Association partner on blockchain paper to drive sustainability in supply chain payments
Concept paper deep dives into sustainability practices across global value chains and reveals specific tools to encourage alignment and integration among stakeholders
05/31/2023
Refik Anadol’s ‘Glacier Dreams’ debuts in Singapore as a new multi-sensory experience in Julius Baer’s NEXT initiative
Inspiring joy and hope, ‘Glacier Dreams’ will be projected on the façade of ArtScience Museum
05/31/2023
Pictet Moves European Headquarter Out of Luxembourg
The designated head of the institution and head of wealth management for the region is Christian Schroeder.
05/31/2023
Handelsbanken enters into an agreement to sell private, SME and life insurance operations in Finland
The private customer, asset management and investment services operations are to be sold to S-Bank, who will also take over lease agreements for branch offices.
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
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