01/18/2022
JPMorgan’s offshore shift in LatAm reaps strong growth in private banking
Having closed its onshore private wealth businesses in Brazil and Mexico, the US firm had a standout year in its Latin American private bank in 2021.
Wealth and Asset Management
01/17/2022
Suntera Global enhances Channel Islands’ presence with acquisition
Will strengthen Suntera Global’s offering as well as extend its reach into an additional tier one jurisdiction in Guernsey.
01/17/2022
Tavistock acquires financial planner for £3.7m
The acquisition, conditional on regulatory approval, comes after a number of changes for Tavistock Investments.
01/17/2022
ADAPA Advisory Announces Wealth Management Advisory and Consulting Partnership with IAWMC
Adapa Advisory provides strategic insights and pragmatic advice to help financial institutions enhance their business performance in the post trade and securities services arena.
01/17/2022
Succession Wealth adds £1.4bn AUM with IFA purchase
“This has been a busy period of corporate activity, but our strategy remains focused jointly on continued organic growth and strategic acquisitions only where we believe they add value to both parties.”
01/16/2022
2022 predictions: wealth managers
Leading Asia fund selectors identify the opportunities in markets this year.
01/14/2022
Zoe announces partnership with wealth manager
Thanks to this partnership, clients can connect with Vincere Wealth Management advisors through Zoe.
01/14/2022
Highvern announces acquisition
The acquisition, completion of which is subject to regulatory approval, will expand Highvern’s offering across the Channel Islands and signals a strong commitment to and investment in the Guernsey marketplace.
01/14/2022
Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion
The purchase consideration is about S$4.9 billion ($3.6 billion), which includes a premium of S$915 million on top of the business’ aggregate net asset value of S$4 billion as of June last year.
01/14/2022
CS: The farewell of the silent lady
This flaw has not gone unnoticed by the investment manager.
01/14/2022
Global financial services firm seeks Asia wealth expansion
He said the focus would range from investments to credit, estate planning, succession planning, and tax planning.
01/14/2022
Partners Group reports 17% AUM growth in 2021
Partners Group foresees another solid year of fundraising in 2022
01/14/2022
Reinventing Wealth Management for Mass Affluent Customers
In this article, we’re exploring another group that’s rapidly becoming another point of focus for wealth management firms—the mass affluent class.
01/14/2022
Coutts leader reveals plan to be 'best private bank in Scotland'
Adam & Co sale to be finalised in July, with clients in process of being lured to the RBS wealth management division
01/14/2022
JPMorgan beats profit estimates as dealmaking boom softens trading decline
Loan growth, the bank's core business, was also up 6%, helped by a rebounding economy, while net interest income from lending and investments in Treasury securities was up 3%.
01/14/2022
Arora Brothers Tap Goldman for $321 Million B&M Stake Sale
SSA Investments, the Arora family’s Luxembourg-based investment firm, is selling 40 million shares in B&M European Value Retail SA to institutional investors through an accelerated book building, Goldman Sachs said Thursday in a filing.
01/13/2022
RBC Wealth Management-U.S selects Addepar
Addepar will be available to all RBC Wealth Management-U.S. advisors, along with financial professionals of RBC Clearing & Custody (RBC C&C), a division of RBC Capital Markets, LLC.
01/13/2022
Brooks Macdonald Group Quarterly Announcement of Funds under Management
Total Group FUM at £17.3 billion (30 September 2021: £16.8 billion; 30 June 2021: £16.5 billion)
01/13/2022
StanChart to Acquire RBC’s Hong Kong Retirement Trustee Business
The acquisition will enable Standard Chartered to be one of the 13 trustees for Hong Kong’s mandatory provident fund (MPF).
01/13/2022
Morgan Stanley added 110 int’l advisors in 2021 hiring spree
Gatesman added that they onboarded over $16bn in international client assets through the new hires.