07/07/2022
Jean-François Lagassé: "There are 50 buyers per asset manager"
The European governments want to keep their national banking champions and are not aiming for Europe-wide consolidation of the banking sector.
Wealth and Asset Management
07/07/2022
Average UK wealth increases 59%
Those in London have seen their wealth grow fastest.
07/07/2022
Mercer Advisors Acquires Harrison & Company Wealth Management, LLC
Expanding Mercer Advisors' East Coast Presence
07/07/2022
Brooks Macdonald cuts fees on Cornelian multi-asset range
The wealth firm has cut fees on its active and passive Cornelian multi-asset range.
07/07/2022
Lombard Odier Investment Managers launches New Food Systems strategy
Strategy is designed to capture the opportunities associated with the sustainability-driven transformation of Food Systems.
07/06/2022
Indosuez distinguished at the PWM Wealth Tech Awards 2022
This award recognises the digital strategy and innovation momentum built to meet the expectations of both clients and employees.
07/06/2022
US family office buys UK wealth firm
In a bid to expand its international presence
07/06/2022
Old Mutual opens Sh10m wealth management service
The personalised service will be available in three investment portfolios –conservative, moderate, and aggressive- depending on the client’s risk appetite.
07/06/2022
The private banking industry found it harder to fill regtech vacancies in Q2 2022
We've analysed the length of time job ads were live online across the job market using GlobalData figures
07/06/2022
Blackstone to roll out private equity fund for Europe's wealthy
The alternatives giant has received authorisation to launch an open-ended perpetual private equity fund in Luxembourg, Citywire understands.
07/06/2022
‘We are way off meeting the SDGs’: LGT sees solutions in venture philanthropy
Karius thinks the UN Sustainable Development Goals provide an interesting systemic framework for improving our world, but complying with them will not be an easy task.
07/06/2022
Financial adviser Navigation Wealth Management acquires BRC as it continues to grow East Yorkshire operation
Financial advisers Navigation Wealth Management has acquired BRC Wealth Management, as part of the firm’s continued growth of its East Yorkshire operation.
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.
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