02/22/2023
Rothschild & Co to Expand Swiss Business as New Money Halved
New money inflows were significantly weaker than in 2021, amounting to 1.013 billion francs last year, compared with 2.017 billion in 2021.
Wealth and Asset Management
02/22/2023
Ex-Credit Suisse Banker Bridging Worlds of Finance and Art
Trading art like stocks is an idea that makes sense to former UBS executive Andrea Orcel who is a board member of the internationally active art exchange Artex.
02/22/2023
ZEDRA Completes Rebrand of US and Curaçao-Based Fund Services Provider, Atlas Fund Services
Reflects ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry
02/22/2023
The US Inflation Reduction Act’s potential, and polarising impacts
There have been polarised responses to the US plan.
02/22/2023
Cortina Business Management to Join Focus Partner Firm Gelfand, Rennert & Feldman
This transaction will broaden GR&F's client base and expand its geographic presence in the Northeastern United States.
02/21/2023
UK wealth manager sets up financial planning service
It can be used as a complementary solution alongside existing adviser relationships
02/21/2023
Brooks Macdonald partners with Intelliflo to support growth plans
It provides wealth planning advice and will become the core solution for advice businesses acquired in the future.
02/21/2023
Abrdn in talks to sell private equity unit to Santander
Deal reported to be priced at around £250m
02/21/2023
HSBC Holdings plc Annual Results 2022
This contributed to a strong overall financial performance.
02/21/2023
Aargauische Kantonalbank with best results
New highs achieved with a business success of CHF 209.5 million and a net profit of CHF 179.0 million
02/21/2023
BNP Paribas Asset Management creates Systematic and Quantitative Investment team
The new division will be led by Robinson Rouchié, who has been appointed Chief Investment Officer, Systematic & Quantitative Investments, reporting to Rob Gambi, Global Head of Investments.
02/21/2023
Standard Chartered is upping the stakes with its Hong Kong wealth management push
Standard Chartered already employs around 5,800 staff in the city and the bank wants to hire between 300 and 500 wealth management staff in Hong Kong this year in a move that is likely to push up salaries as it goes toe-to-toe with HSBC and Citigroup.
02/21/2023
UK unveils plan to draw new asset management regulation
The planned regulation is also expected to facilitate the requirements of UK markets and consumers.
02/21/2023
HSBC Wealth takes a hit while global private banking rises in 2022
Revenue was driven by strong growth in net interest income and increases in all global businesses, including Global Private Banking.
02/21/2023
The Penny Group acquires HNW-focused Bright Blue Wealth
Chartered firm wants to acquire more Openwork Partnership firms
02/20/2023
HNWIs inflow to help boost UAE financial wealth to $1trln by 2026
UAE has emerged as an attractive destination for HNWIs following its successful strategy against the Covid-19 pandemic, latest data shows
02/20/2023
Labuan IBFC and SBF successfully co-organised masterclass on Labuan International Business and Financial Centre
The masterclass showcased Labuan IBFC’s sectoral offerings and services and served as a platform for an exchange of ideas
02/20/2023
Generate Significantly More Business Through Financial Stress Testing
The complication was that some of his business dealings were being scrutinized and he wanted to make sure his wealth planning would not cause him any problems.
02/20/2023
Rockefeller Global Family Office Welcomes The Jones Connolly Pollock Group
In addition to The Jones Connolly Pollock Group, this week Rockefeller welcomes Cowles Wealth Partners of Indianapolis, IN to its Midwest Division.
02/20/2023
BofA: European asset managers attract $54bn inflows so far in 2023
Reversal from 2022 outflows