07/19/2022
London & Capital sets up shop in Spain
‘We’re not your typical British wealth manager’
Wealth and Asset Management
07/19/2022
Kingswood U.S. Recruits More Than $355 Million in Total Client Assets with Addition of Eight Independent Financial Advisors and Practices
The new affiliates in the Kingswood U.S. network bring decades of experience in holistic financial planning and represent diverse geographies as well as client bases.
07/19/2022
UBP’s Lespinard mulls liquidity questions as group pushes further into private assets
Swiss group is looking to expand its private markets division with new strategies following the hire of Sanjay Gupta as global head of private equity investing.
07/19/2022
Bank of Singapore: «The peak of policy tightening has passed us»
Although that heralded a massive crackdown on web-based platforms then, voices are now becoming louder in the market that the worst is over from a regulatory perspective, with the Bank of Singapore being the latest to join the camp.
07/19/2022
Evelyn Partners becomes first UK top ten wealth manager to open Brighton office
The move will help pave the way for further expansion of the leading integrated wealth management and professional services group in the South East.
07/19/2022
Goldman Sachs still rules Wall Street: Earnings blow away forecasts
Goldman Sachs thrived despite the fact that stocks plummeted during the first half of 2022.
07/18/2022
Nomura Private Bank’s CIO and Head of DPM on the Growing Appeals of DPM for Asia’s HNW and UHNW Clients
Gareth was one such senior hire who arrived last year, bringing with him more than 16 years of experience across fixed income and multi-asset portfolios, joining from Bank of Singapore, where he was Head of Fixed Income DPM and a member of its investment
07/18/2022
A Wealth Management Bright Spot in Tough Quarter for Wells Fargo
The bank’s businesses, including its wealth management unit, got a boost from rising interest rates. Net interest income for Wells Fargo’s wealth unit soared 50% year over year, or $306 million, to $916 million.
07/18/2022
Clifton Asset Management acquires Aberdeen financial services firm Burnett & Reid
The amount of funding invested in the Bristol firm has not been disclosed.
07/18/2022
Morgan Stanley Investment Management and iCapital expand partnership
Private markets investments have the potential to generate higher returns and provide diversification benefits to investors as they seek to access relatively untapped opportunities.
07/18/2022
Sanctuary Wealth Welcomes Mesa Pointe Wealth
Texas-based team with $120 million AUM joins from Edward Jones and chooses partnered independence with Sanctuary
07/18/2022
Credit Suisse’s Uetlihof Attracting South Korean Investors
As finews.com previously reported, the owners' asking price is said to be 1.3 billion Swiss francs.
07/18/2022
Deutsche boosts int’l private bank with hires from Citi, BNY and PNC
Zann was previously a relationship manager covering institutional commercial real estate developers and private equity funds at PNC.
07/18/2022
GAM Holding AG provides an update on the Group’s expected first half 2022 results
The Group expects to report an underlying loss before tax of approximately CHF 15 million compared to a CHF 0.8 million profit for the first half of 2021.
07/18/2022
Union Bancaire Privée: First half-year results 2022
Revenues rose by 10.5% from CHF 562.1 million in the first half of 2021 to CHF 620.9 million in the first half of 2022.
07/18/2022
Harwood Wealth Management Group Ltd to rebrand as Argentis Group Ltd
As part of that acquisition, it was agreed that the Harwood brand would be returned to its original owners after a transitional period.
07/15/2022
Northern Trust Front Office Solutions Enhances Liquidity Management Solutions for Asset Owners
The new tool offers improved customization, efficiency and visualization for complex asset allocators.
07/15/2022
DBS named 'World's Best Digital Bank' By Euromoney for second time
Also clinches three first-time awards at Euromoney's Awards for Excellence 2022 – World's Best 'Financial Innovation of the year', 'Asia's Best Bank for Wealth Management' and 'Best Bank in Hong Kong
07/15/2022
Carey Olsen leads offshore firms in Chambers High Net Worth 2022
Carey Olsen Bermuda's trusts and private wealth practice is described as 'a top firm for complex and sophisticated matters' and praised for its 'strong private client team that is able to handle complex matters'.
07/15/2022
Wealth Enhancement continues acquisition spree with Titus Wealth buyout
Titus Wealth is said to manage over $776m in client assets, of which $202m are brokerage assets supervised by LPL Financial, a separate unit from Wealth Enhancement Group.