08/25/2022
The first half of 2022 was exceptionally challenging due to the geopolitical and economic uncertainties in international financial markets, which was also reflected in the generally subdued level of client activity.
08/25/2022
Together with slightly lower material expenses and depreciation, the bank achieved a 23.0 percent increase in business profit before taxes.
08/25/2022
Citywire Australia: The merger creates a global asset manager with combined funds under management of $201bn.
08/25/2022
The main performance drivers alongside our operational strength were increases in real estate valuations and profit on claims reserves.
08/25/2022
UBS will also make a donation of up to CHF 20 million to support the construction of a new ETH building on the Hönggerberg campus.
08/25/2022
After the capital return, the CET 1 ratio will remain well ahead of Van Lanschot Kempen’s capital objective of 15%, plus an M&A add-on of 2.5% for acquisitions.
08/25/2022
Both equities and bonds were under pressure last week, with the weakness particularly noticeable in the US.
08/25/2022
KB’s new private banking services come 20 years after the firm’s first private banking brand KB Gold & Wise was established.
08/24/2022
Up to one-third of relationship managers for clients booked in Switzerland will be transferred into the unit over the next few months, it adds.
08/24/2022
The bank’s Investments and Wealth Solutions unit is spearheading initiatives to cater to evolving needs
08/24/2022
Despite the interest, the accelerated race to set up asset management joint ventures by the likes of Blackrock or Goldman Sachs has led to limited potential partners remaining in the market.
08/24/2022
UBS Financial Advisors will continue to advise its high net worth and ultra high net worth clients who hold such feeder funds in their portfolios.
08/24/2022
The Tier 1 ratio amounted to 18.4 per cent.
08/24/2022
In comparison to the previous quarter, net income is up $27m due to higher net interest income reflecting higher interest rates.
08/24/2022
The Partnership marks Beacon Pointe's first Acquisition with a Bank Referral Relationship
08/24/2022
The asset manager could be dropped from the FTSE 100 next week, after its share price dived this year.
08/24/2022
The average profit margin is estimated to be 15 basis points of assets under management.
08/24/2022
Singapore, Greater China and India are among the countries that are strategically important to the bank
08/23/2022
Clients invest US$5 billion mostly in fixed-income funds in past three months
08/23/2022
This year, Standard Bank stood out among stiff competition, including top financial services firms and companies from around the world.