03/19/2020
Morgan Stanley deepens wealth management ties with MUFG
US brokerage builds on partnership by sending execs to Japan
Wealth and Asset Management
03/19/2020
Active Wealth Clients Offset Market Woes at Credit Suisse
The bank also reassured balance sheet strength
03/19/2020
Credit Suisse says Q1 going well despite coronavirus spread
It said restructuring efforts over the past years had strengthened its capital base and its stronger focus on wealth management and lower exposure to leveraged finance and the oil and gas sector had made it more resilient to the impact of the spreading vi
03/19/2020
The Billionaire Interview That Tanked The Stock Market
This way Americans will stay at home and the virus will stop spreading.
03/19/2020
SJP suspends £2.5bn property fund range
A number of other commercial property funds have also suspended in recent days and this decision has been taken in our clients’ best interests.
03/19/2020
Credit Suisse quarterly profits rise despite market turmoil
Lender’s trading business boosted by volatility while private bank revenues rise
03/18/2020
Private banks in corona mode: innovation becomes imperative
Private banks, i.e. money houses that are aimed at the rich clientele of individuals and families, have had a difficult life for years.
03/18/2020
Credit Suisse Launches ETFs at SIX
The new ETFs respond to the needs of all investors that have geared their processes and systems to on-exchange trading. T
03/18/2020
M&A Activity: 2020 Outlook
With the help of sustained fundraising activity, private equity firms will continue to be active in the M&A market in 2020.
03/18/2020
Top 50: WMs reveal how they improved their fund selection process
Wealth managers explain how their fund selection process has developed while their company grows.
03/18/2020
Syz’s Clements sees flagship fund slip to 15% of size he inherited
Clements was last rated by Citywire in July 2018
03/18/2020
EdR records CHF 43.9m net profit and proposes CHF 50m dividend
As part of the changes, Edmond de Rothschild (France) was also absorbed by the Swiss entity. According to the bank this resulted in expenses going up by 14% in 2019.
03/18/2020
Weeks where decades happen by Tim Price
If this were just a time of Brexit, or the last election, my disdain for the British media might matter, but not that much.
03/18/2020
Wall Street’s New Virtual Workplace May Outlast the Virus
That’s likely to hearten working parents who’ve struggled to persuade managers to let them log in from home, as well as many younger recruits at ease doing things digitally.
03/17/2020
Post-QE Investing: What Say the Private Banks?
Despite the optimism, the bank does not rule out a worst-case scenario triggered by a third black swan – a credit crunch
03/17/2020
Citi seeks 10% growth in its Asia retail wealth unit
The retail banking business in the region remains one of the bank’s revenue drivers, generating USD4.4bn in revenue in 2019, up 4%, and USD1.04bn in profit, up 11%.
03/17/2020
Lombard Odier’s Asia Pacific CIO on Discipline, Institutional Rigour and A Clear Vision Ahead
Nakamura believes the key for the private banks must be engagement with and retention of their clients.
03/17/2020
Max von Liechtenstein: «Corona Separates Wheat from Chaff»
LGT seems to be faring well in the early stages of the crisis: Prince Max said the bank had taken in new money in the first two months of 2020.
03/17/2020
Coutts And The Business Growth Fund’s Launch Of The UK Enterprise Fund
The Ashurst team will be advising in relation to potential future investments, to cover fund structuring, regulatory and tax considerations.
03/17/2020
Sanlam Wealth opens new office in Royal Tunbridge Wells
Sanlam, formerly Principal, have had a presence in Kent since 1987. Sanlam bought Principal in 2010, with the firm rebranded in 2012.