07/06/2022
HSBC enhances private banking trading platform with customisation
The new feature allows HSBC's private banking clients to customise their fixed coupon notes by defining their own parameters.
Wealth and Asset Management
07/05/2022
Carey Olsen advises Morningstar in purchase of Praemium's UK and international business
The deal, first announced in December last year, has now completed after gaining the necessary regulatory approvals and sees Morningstar acquire 100% of Praemium's operations in the United Kingdom, Jersey, Hong Kong SAR and Dubai.
07/05/2022
Credit Suisse Sheds More Investment Bankers in Asia
The cuts cover the Greater China business which included the loss of 10 client-facing bankers as well as the resignation from the China securities venture including chief information officer Larry Tung and chief compliance officer Xu Yang.
07/05/2022
Two from IQ-EQ shortlisted for 2022 Citywealth Future Leaders Awards
The Future Leaders Awards champion the rising stars of the private wealth sector aged under 40, who not only excel at their work and display strong leadership potential but are also making a positive difference to society.
07/05/2022
Lombard Odier drives strategic global development with key senior management appointments
Lombard Odier has announced two key senior management appointments in a milestone move to drive strategic global development and to bolster its commitment and presence in Asia.
07/05/2022
M&G goes on recruitment drive to double adviser numbers
The business is also on the lookout for experienced advisers who have their own client banks.
07/05/2022
UBS sublets London office ‘grey space’ as more staff work from home
Swiss bank has allowed two-thirds of 73,000 global employees to work flexibly permanently
07/05/2022
North America is seeing a hiring boom in private banking industry data analytics roles
Some parts of the world are investing more heavily in data analytics roles than others
07/04/2022
Ross Bennet Smith to Join Focus Partner Firm NKSFB, Expanding NKSFB’s Presence into the United Kingdom
Through RBS, NKSFB will gain additional talent as well as an international presence and expertise, while further expanding its position as a preeminent multifamily office and business management firm.
07/04/2022
Credit Suisse appoints Rickie Chan and Eddy Sze
These appointments are a testament to the depth of our internal talent pool and our commitment to enabling career advancement within the bank, which is at the heart of our culture at Credit Suisse.
07/04/2022
Titan Wealth acquires Baggette Asset Management
The acquisition brings Titan Wealth’s total AUM to £5.2bn.
07/04/2022
Columbia Threadneedle completes rebrand of BMO Gam investment trusts
Following a review with their respective boards, five closed-ended vehicles managed by BMO Gam have chosen to adopt the ‘CT’ prefix.
07/04/2022
Mercer Adds Trio to Asia Wealth Unit
In the newly created role, Tay will be tasked with advising client portfolios with a focus on those with significant allocations to alternatives.
07/04/2022
IBS Intelligence awards Objectway #1 for Private Banking and Wealth Management deals
Objectway also got a very favorable place in the SLT Leaderboard for Private Banking & Wealth Management, a reflection of the company’s offering performance and scalability on a global scale.
07/04/2022
Contemi Wins Best 'Corporate Actions Solution' Award at the Goodacre Systems in the City Fintech Awards 2022
The awards aim to highlight system suppliers' excellence within the UK financial services industry.
07/04/2022
Private markets firm opens Swiss office to target wealth managers
Steffen Pauls said that having a physical presence in Zurich will help Moonfare build partnerships with wealth management firms in the region.
07/04/2022
LGT presses ahead with commitment to sustainability and joins three global initiatives
By becoming a member of three global bodies committed to climate, society and the environment, LGT Private Banking now takes another important step in its sustainability strategy.
07/04/2022
J.P. Morgan Private Bank expands Middle East and North Africa team with key hires in Switzerland
Based in Geneva, Switzerland, Yazeed Mohammed Alsubeaei and Ghadeer Yusuf will help drive the Private Bank’s business strategy and growth advising UHNW individuals and families on effectively protecting, managing and growing their wealth
07/04/2022
AutoRek wins ‘Best CASS Solution’ Award at Goodacre’s Systems in the City FinTech Awards 2022
The Awards provide an important point of reference for user firms assessing the suitability of their operational infrastructure.
07/04/2022
China greenlights Goldman Sachs wealth management JV
Goldman Sachs ICBC Wealth Management can now offer wealth management products to domestic Chinese clients.