10/14/2020
Bank of America shares dip as the lender, pressured by low rates, misses on third-quarter revenue
That squeezes the spread that banks earn by taking in deposits and making loans.
Wealth and Asset Management
10/14/2020
Wealth management firms must walk the walk, says investor advocate
Response to IIROC consultation calls for industry to go beyond stock selection and traditional risk profiling, among others
10/14/2020
Bank Without a Boss
The Swiss banking regulator Finma has given its assent to the new form of organization.
10/14/2020
The Asset Awards: Covid-19 shows who’s the best in structured products
The Asset announces the winners of the Triple A Best Bank for Investment Solutions Awards 2020
10/13/2020
Peter Devitt finds buyer for $21m Melbourne high-tech penthouse
The cheapest residence – a 200-square-metre apartment on level one – is $3.2 million.
10/13/2020
Do investors want wealth creation or preservation strategies?
Clients in different regions take a dissimilar approach to their finances
10/13/2020
Super rich: Corona as a golden opportunity for divorce
The forced togetherness in lockdown also leads to strife among super-rich married couples. For some of them, the moment to get divorced seems ideal.
10/13/2020
Impressions from the expert lunch in Lugano
For the second time, the Swiss financial website fundplat.com organized an expert lunch in the Lugano financial center. The rush was enormous. The pictures.
10/13/2020
Julius Baer Group Ltd. to redeem Perpetual Tier 1 Subordinated bonds issued 18 November 2015 at first call date
The bonds with a coupon of 5.9% per annum
10/13/2020
A pioneer Swiss wealth manager gets ready for next phase of growth
The Middle East and Africa will be key markets for Julius Baer's regional expansion
10/13/2020
Bank credit may grow 7% YoY in Q2; NBFC disbursals to pick up QoQ
Analysts at the broking firm said they would watch disbursals under the credit guarantee scheme, collection efficiency trends and early-bucket delinquencies.
10/13/2020
Predicting the unpredictable
Recent surveys suggest economic activity is now back to 80% of pre-COVID levels.
10/13/2020
MGIM takes over Seneca to form £5bn fund house
Growth at the heart of the deal as companies join forces
10/13/2020
The private banker’s metamorphosis
Long gone are the days when a banker travelled around the world prospecting with a portfolio of several hundred clients without thinking about borders.
10/13/2020
Diary of a Fund Manager
Equities had another good week, all else was unchanged and the dollar was down.
10/13/2020
Stormy sea
Many people go to the sea to clear their heads.
10/13/2020
WeekWatch by St. James’s Place
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up.
10/13/2020
Private wealth and the Isle of Man
The island's population is divided almost equally between those born and raised locally, and those that have relocated there.
10/13/2020
JPMorgan Chase posts surprise jump in profit on lower credit costs
Those improvements and a 9% gain in investment banking fees led to the most profitable quarter of 2020.
10/13/2020
The Shifting Priorities of Entrepreneurs in the Time of Covid-19 by Coutts
The vast majority of entrepreneurs surveyed (85%) put access to cash at the top of their list, with 81% of respondents also ranking cheaper borrowing costs as a top tool.