02/28/2020
Raiffeisen: CEO Heinz Huber tightened the screws
At that time, the cooperative bank announced that it wanted to save more than 100 million in the future through more efficient structures and cut up to 200 jobs in this context.
Wealth and Asset Management
02/28/2020
UBS cuts chairman’s wage and CEO’s bonus following CHF4bn French fine
In addition, UBS’ board of directors will reduce fees for all of its members and eliminate the share price discount, effective from the 2020 annual general meeting.
02/27/2020
Millions of wealth managers are racing to lock down next-gen financial advisers as they prepare for a wave of adviser retirements
Wealth firms need to be in position to win business from younger, more digitally native customers as they inherit wealth from baby boomers that have benefited from the long-running bull market.
02/27/2020
DBS Enhances Advice and Client Engagement for HNWIs
The report will also be provided as supplements to monthly client statements.
02/27/2020
Vietnam Bank Taps on Bordier to Launch WM Arm
MB marked the occasion with the opening of the MB Private Banking Center in Ho Chi Minh City on Tuesday.
02/27/2020
EFG International Bids Farewell to 140 Private Bankers
Without Shaw, EFG employed 629 private bankers in all at year-end.
02/27/2020
St. James's Place full-year operating profit down 5%
Record funds under management and confidence in our business underpins 5% increase in final dividend.
02/27/2020
Hurun Global Rich List 2020
The Hurun Global Rich List 2020 ranked 2,816 billionaires from 71 countries and from 2,182 companies.
02/27/2020
Raiffeisen Profitability Rises on Spending Cuts
Raiffeisen in 2019 increased mortgages by 3.2 percent to 185 billion francs.
02/27/2020
IIFL Wealth Management Makes a Clean Sweep at the Euromoney Private Banking and Wealth Management Survey 2020
The wealth management landscape is undergoing significant changes and creating new opportunities as well as risks for investors.
02/27/2020
Vietnamese bank MB partners Bordier to launch wealth management unit
The new business is based at the MB Private Banking Center in Ho Chi Minh City.
02/27/2020
SJP boasts a quarter of new chartered planners
Despite this the advice firm reported "record" funds under management of £117bn last year, up from £95.6bn in 2018
02/26/2020
BNY Mellon onboards first client to new investment operations platform
The new platform encompasses the capabilities previously aligned with BNY Mellon’s middle-office solutions with a new set of modular data services
02/26/2020
ZEDRA nominated in two categories at the Citywealth Magic Circle Awards
ZEDRA’s second nomination comes for our Digital Assets solution, in the UHNW Private Client Services Innovation of the Year category.
02/26/2020
A Private Bank That Survived the Nazis May Be Broken by German Tax Scandal
Longtime chairman Olearius forced to leave supervisory board
02/26/2020
EFG increases net profit by 34%
Underlying net profit decreased to CHF 108.7 million, reflecting challenging interest rate environment and substantial investments in growth
02/26/2020
BMO Financial reports surge in Q1 wealth management income
The growth was said to be due to higher revenue and lower expenses.
02/26/2020
Pictet Wealth Management to open banking branch in Monaco
From a legal point of view, the new banking branch is affiliated to Pictet & Cie (Europe) SA, the Group’s bank in Luxembourg.
02/26/2020
Pictet WM opens banking branch in Monaco
A presence in Monaco will allow us to offer local access to the Pictet Group's investment expertise, borne out by more than two centuries of experience."
02/26/2020
Wealth managers expect record year for fixed income ETFs
Tabula research