10/30/2020
Lloyd’s of London underwriting for private clients
Any distributions of profit from a NameCo will be taxed as dividend income in the hands of the shareholder.
10/29/2020
Citi wins Best in Asset Servicing Award
In virtual awards ceremony, the bank is recognized for being an all-around asset service provider with optimal balance of geographical footprint and depth of services
10/29/2020
Walker Crips buys HNW adviser
Walker Crips has purchased the client book and assets
10/29/2020
Wealth giant expands reach' in $820b wealth platform market
Said this was "broadly consistent" with the quarterly outflows experienced under the bank's ownership.
10/29/2020
Van Lanschot Kempen: third quarter 2020 trading update
Client assets increased by € 2.9 billion to € 106.3 billion this quarter.
10/29/2020
Ex-EFG Banker Acquires Majority Stake in Crossinvest Asia
The family-owned business will expand its resources, enhance its private equity and venture capital arms and further develop family office services
10/29/2020
In a statement, Credit Suisse said it is focused on supporting clients “through the persisting COVID-19 pandemic and the resultant economic challenges.
10/29/2020
It’s a success, perhaps in part because of a shared focus on charity.
10/29/2020
It also welcomed the firm’s preparations for Environmental Social and Governance (ESG) investing which had attracted interest from clients looking for more sustainable investment.
10/29/2020
Smith & Williamson Investment Management rebalances portfolios as it looks ahead to opportunities in ‘cheap and unloved’ UK
While it has exited the UK focused Special Situations fund, the team said the UK overall was ‘cheap and unloved’.
10/29/2020
Lower interest rates continue to impact income but we remain well-positioned to meet our financial targets
10/29/2020
They include actively-managed investments in government and corporate bonds across the spectrum of investment-grade and high-yield, geography and currency.
10/29/2020
Findawealthmanager.com matches investors with wealth management firms based on their needs
10/29/2020
Credit Suisse earlier this month said that Aventicum Capital Management, a joint venture with the Qatar Investment Authority, will close two groups of funds and return capital to investors.
10/28/2020
Swiss bank taps Synpulse-led consortium for OpenWealth platform
An open API standard in asset management enables new business models.
10/28/2020
BTG Pactual buys $2.4bn wealth shop in Brazil
The acquisition comes off a busy few months at the firm during which time it has been expanding its advisory business through partnerships with local wealth managers in Brazil.
10/28/2020
Switzerland-based asset manager selects Northern Trust
Group’s Focus on Expanding its Range of Sustainable Solutions Aligned with Environmental, Social and Governance Criteria
10/28/2020
Deutsche Bank swings to surprise profit in third quarter
Our more focused business model is paying off and we see a substantial part of our revenue growth as sustainable.
10/28/2020
This is particularly interesting when you consider that, to the untrained eye at least, you could presume our clients to be inclined to prioritise returns over values.
10/28/2020
Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead