02/23/2022
Roger Studer launches firm with ex-Six exchange head
Christian Katz was CEO of Six Swiss Exchange from 2009 until 2015.
Wealth and Asset Management
02/23/2022
HSBC takes charge on Chinese real estate and warns of wealth slowdown
Outlook blemishes otherwise buoyant fourth-quarter earnings as profit doubles and targets boosted
02/23/2022
‘Swiss Secrets’: What would EU blacklisting mean for Switzerland?
The Swiss Secrets scandal threatens to shift the country back to the European Union’s blacklist - but what does that mean for Switzerland?
02/23/2022
Brazil prioritises rate hikes and financial stability over growth
The monetary tightening cycle is close to completion in Brazil: we expect another two interest rate hikes, taking the terminal benchmark rate to 12.25% in May
02/23/2022
OCBC Targeting Wealth Management Growth
Headcount growth, partly for the wealth management segment, was cited by the bank as a key driver of a 7 percent increase in operating expenses for the full year.
02/22/2022
HNWIs keep increasing in 2022, what is wealth management to do?
“First and foremost, digitisation underwent a considerable push since the first times of the pandemic"
02/22/2022
Credit Suisse Shares Hit Pain Threshold
Only in February, it reported an annual loss while defending itself in a federal money laundering trial.
02/22/2022
HSBC More Than Doubles Profit
Reported profit after tax up $8.6bn to $14.7bn and reported profit before tax up $10.1bn to $18.9bn.
02/22/2022
Wealth manager Hub24 races to beat ‘war for talent’
The ASX-listed wealth management platform
02/22/2022
Hargreaves Lansdown expands into advice
The company reported pre-tax profits of £151.2mn in the period.
02/22/2022
BCGE hikes dividend as net profit rises by 19.3%
A CHF 4.50 dividend will be proposed to the general meeting.
02/22/2022
UBS Traders See 2021 Bonuses Decline About 10% on Archegos Hit
The overall bonus pool for employees at UBS is being increased by around 10% from the previous year
02/22/2022
Geneva Cantonal Bank Posts Record Profit
The dividend proposed to the General Meeting will be increased by 20% to CHF 4.50.
02/22/2022
Geneva Cantonal Bank with record profit
Net profit rose by around 19 percent to CHF 125.2 million compared to the previous year and sales by 20 percent to CHF 439.2 million.
02/22/2022
Titan Wealth Holdings Acquires Cardale Asset Management
The acquisition of Cardale is anticipated to double Titan Wealth’s revenues and will also support its continued growth towards meeting its target of £20-30bn in AUM within four years of launch.
02/22/2022
CI Financial To Acquire Corient Capital Partners, a US$5.0-Billion Wealth Management Firm Serving the Ultra-Affluent
Addition of California RIA deepens CI’s presence in ultra-high-net-worth segment and increases U.S. wealth management assets to US$125 billion
02/21/2022
Credit Suisse denies wrongdoing after big banking data leak
While as a matter of law Credit Suisse cannot comment on potential client relationships, we can confirm that actions have been taken in line with applicable policies and regulatory requirements at the relevant times, and that related issues have already b
02/21/2022
Why Personalized Advice at Scale is the Next Evolution of Wealth Management
All wealth management clients tend to have multiple financial relationships, such as retail banking accounts, 401(k) accounts from previous jobs, robo-advisor or brokerage accounts, and more.
02/21/2022
CLSA CP launches private equity fund
The alternatives platform of Citic Securities has launched a China-market US dollar-denominated private equity fund.
02/21/2022
Wealth management in the new world
Wealth platforms that were forced to upgrade allow for increased mobility for those providing advice to families, who can use this infrastructure as part of a new breed of family office services.