06/14/2022
Deutsche Bank on hiring spree as it targets world’s wealthy
Lender aims to bolster global share in the high-touch business of serving family offices
Wealth and Asset Management
06/14/2022
Hawksmoor to merge with wealth manager
The combined businesses will have eight offices
06/14/2022
Nutmeg records £19.3m loss post-JP Morgan takeover
JP Morgan-backed Nutmeg’s total losses since inception have hit £115m after the digital wealth manager posted another deficit last year.
06/14/2022
Tilney Smith & Williamson today rebrands to Evelyn Partners
The new name reflects that the business is now one firm with a single purpose, which enables it to offer a broader, integrated offering to all clients.
06/14/2022
Cantonal bankers on high stilts
Cantonal banks have subsidiaries in Switzerland and abroad and are present on the Internet with apps and neobanks.
06/14/2022
North America retains top spot for High-Net-Worth population and wealth: World Wealth Report 2022
Europe moves past Asia Pacific to second place in growth rate, fueled by a recovering economy in Europe and slowing growth in Asia Pacific; 70% of HNWIs globally have invested in digital assets and currencies
06/13/2022
Lombard Odier: «Market Swings Don’t Have a Big Impact on Us»
With global equity and bond markets down in 2022 – including extra pain in Greater China – most private banks in Asia will be feeling the drag of lower trading volumes from the region’s notoriously self-directed, hands-on investors.
06/13/2022
SIX Swiss Exchange Gets First Chinese Member
SIX Swiss Exchange is Switzerland’s main stock exchange, with services in other securities, such as bonds and derivatives.
06/13/2022
GKB buys 70% stake in bank to boost offering with private equity
With the acquisition, the cantonal bank aims to complement its range of services by adding private equity to its offering.
06/13/2022
Women opt for lower-risk digital wealth portfolios compared to men, study
Although women tend to show long-term, consistent investing behaviours, not enough of them are investing, research from StashAway found
06/13/2022
Fintech vets target tech workers with new wealth management organization
The firm says it will provide comprehensive wealth management services for its clients, which include assistance with taxes, equity compensation, and family communication.
06/13/2022
Credit Suisse put on FCA watchlist - reports
In a letter seen and reported on by the Financial Times, the FCA urged the investment bank's senior management to provide evidence of how it would go about preventing misconduct and improve its accountability.
06/13/2022
Barclays Wealth hires from Santander, Brewin and Brown Shipley
Barclays Wealth Management & Investments has hired four wealth managers to bolster its presence in the East region, including a local manager.
06/13/2022
How AIA Singapore will help you find the true meaning of wealth
At AIA, we recognise the urgent needs of underserved HNWIs amid the explosion in Asian wealth.
06/13/2022
Goldman Sachs Asset Management Launches New Goldman Sachs 529 Plan
Extends Commitment to Education Saving Services through partnership with the State of Arizona’s 529 Plan
06/13/2022
Stonehage Fleming celebrates women in leadership with launch of “SF XV”
Stonehage Fleming’s mission is to be the trusted adviser to successful families and wealth creators.
06/13/2022
Truist Wealth enters Chicago with experienced team of wealth management professionals
Affluent, high and ultra-high net worth individuals, families and business owners to benefit from Truist's planning-centric service model
06/13/2022
Lumin Wealth snaps up South-East based adviser
Lumin Wealth said the purchase builds on its strategy of partnering with “like-minded advisers who share the same high standards” and commitment to client-centric solutions.
06/10/2022
Citi Global Wealth Investments Issues Mid-Year Outlook 2022: Investing in the Afterglow of a Boom
After a tough start to 2022, Citi explores what may lie ahead for investors, highlighting quality and resilience in portfolios
06/10/2022
Americans lost half a trillion dollars in wealth in early 2022
The total value of these holdings was $46.3 trillion in the first quarter, making it one of households' largest assets.