02/18/2021
Credit Suisse Posts Loss After Burying U.S. Battle
The Swiss bank, led by CEO Thomas Gottstein, also said it had begun a buying back shares last month under a program to repurchase as much as 1.5 billion francs of its stock.
02/18/2021
The bank also revealed that its profits were more than £1bn above the consensus forecast and will resume paying dividends this year.
02/18/2021
NatWest in talks to sell private bank
The taxpayer-backed lender is in talks to sell most of the 37-year-old private bank’s operations, Sky News learns.
02/18/2021
Strong underlying performance positions bank to accelerate growth
02/18/2021
Credit Suisse faced setbacks in its core business outside Asia last year
02/18/2021
Greece's law stipulates that if a family wealth-management firm employs at least five people and has annual expenditures of at least 1.0 million euros ($1.2 million), it can deduct staff costs and operating expenses from its tax bill.
02/18/2021
Fisch Asset Management has €5bn (CHF 5.4bn) in convertible bond assets, including dynamic, sustainable and opportunistic funds.
02/18/2021
Other members include Zürcher Kantonalbank, SIX Group, Assetmax and Alphasys.
02/18/2021
As a result of the merger, the clients of Limmat Wealth will get access to additional investment management and family office solutions, a statement released by the firms said.
02/18/2021
Boston Private was selected for this award based on client service, client longevity, and the firm’s overall growth within the past year.
02/17/2021
Private capital funds must invest US$5.5 billion globally over next five years to meet investors’ increasing demands for transparency, Intertrust Group says
Although extensive investment will be required to meet these greater demands, they are also conflicting with private capital funds’ traditional leaning towards confidentiality.
02/17/2021
EFG private bank on track to double Apac AUM
To date, the bank has delivered on a number of targets articulated in 2019
02/17/2021
Coutts CIO on why he won’t buy Smith or Train funds
The £23bn Fundsmith Equity fund has returned 448 per cent in the decade to February 12, compared with a return of 168 per cent for the average fund in the IA Global sector in the same time period.
02/17/2021
Credit Suisse Inches Closer to Blackrock
The cooperation that has lasted for three decades is thus entering a new phase.
02/17/2021
Pictet Asset Management homes in on emerging markets with new multi-asset fund
The firm said the new fund, which broadens Pictet’s Multi-Asset offering, aims to remove the pressure of “how, when and where” to allocate within emerging markets.
02/17/2021
BNY Mellon closes Hong Kong wealth management office
Long added that the retreat from the Asian wealth management business will not affect its other operations in the region, including its investment management and asset servicing business, which “continue to see Asia as an important growth driver&
02/17/2021
Tier One wealth manager named one of the UK’s best
He became a senior wealth adviser at Tier One Capital following the company’s acquisition of Carrick Financial Management.
02/17/2021
The “three Ps” that are crucial for sustainable investing by Schroders
The term “sustainability” is often over-used in investment speak and has become a “catch-all” for a number of different approaches.
02/17/2021
In addition to the BNY Mellon ETF Model Portfolios, Lockwood Asset Allocation Portfolios will also be available to firms using the Envestnet platform by the end of first quarter.
02/17/2021
The platform will offer three strategies. First is Core, which will concentrate on a mix of U.S. and foreign stocks as well as bonds.