02/27/2022
Hana Bank to expand art wealth management
Based on the partnership, Hana Bank will provide consulting services for clients interested in purchasing and selling artworks.
Wealth and Asset Management
02/25/2022
Nomura to Expand Asia Wealth Business
The report said Nomura has already hired more than 50 relationship managers from other banks, including BNP Paribas and Deutsche Bank.
02/25/2022
Rothschild receives two of the top awards
For Bank for Governments of the Year, judges highlighted our willingness and ability to think creatively for clients and our trusted relationships with governments around the world.
02/25/2022
Morningstar: Fourth-Quarter, Full-Year 2021 Financial Results
Operating expense increased 22.9% to $387.4 million in the fourth quarter of 2021.
02/25/2022
Julius Baer sells 50% stake in major Mexican wealth manager
The transaction follows a review of the Group’s strategic participations and the conclusion that NSC Asesores can develop and grow best under a different ownership structure.
02/25/2022
Quilter Cheviot partners with the WealthiHer network
The WealthiHer Network is a leading professional network
02/25/2022
LLB Group reports record growth
With a net new money inflow of CHF 7.2 billion, the LLB Group achieved the largest organic growth in its history.
02/25/2022
UBS – after the price crash, the inevitable happens
As the world's largest private bank, UBS is regularly exposed to the problem of margin calls.
02/25/2022
Director of Barings EMEA trust steps down from Russian bank directorship
Sberbank accounts for 32.6% of Russia's total bank assets.
02/25/2022
Veteran KPMG partner launches high-net-worth family consultancy
Lineage Group also assists families with advice about how to use their wealth to support social causes.
02/25/2022
‘The market will shrink’: Russian clients in Switzerland face uncertain future
With the full extent of new sanctions unclear following Russia's invasion of Ukraine, Switzerland's specialists in Russian clients share their expectations for the industry's future.
02/24/2022
Brooks Macdonald linked to new bid for 7IM
Brooks Macdonald manages about £17bn and 7IM just over £20bn.
02/24/2022
Credit Suisse no Longer Alone on Bonus Clawbacks
Banks are paying record bonuses for 2021, aimed at attracting and retaining key managers, a trend recently underscored by Credit Suisse CEO Thomas Gottstein.
02/24/2022
St. James’s Place: Annual results announcement
During 2021 we achieved record gross and net flows and these, together with positive investments markets
02/24/2022
Van Lanschot Kempen: Commission income up 30% and net profit at €143.8 million
Assets under management (AuM) climbed to €112.1 billion (2020: €99.0 billion) on the back of a market performance of €9.5 billion and Mercier Vanderlinden’s AuM of €3.8 billion.
02/24/2022
Lombard Odier reports strong 2021 annual results
The robust increase was supported by strong net new money flows over the year, as well as positive investment performance and market impacts.
02/24/2022
Pre-tax profits soar at Rathbones
Our financial results for 2021 are strong
02/24/2022
Complexity is the biggest wealth planning challenge for serial CEOs
Unpick pay structures and pensions before making plans – Matthew Brown
02/24/2022
Finary wants to reimagine private banking
Finary wants to build a private bank from scratch with a different set of founding principles.
02/24/2022
BNY Mellon Wealth Management Global Family Office Research Finds More Than Half of Global Family Office Executives
The research paper examines how growing differences across generations