03/19/2021
JPMorgan to Buy $410 Million Stake in Chinese Bank’s Wealth Business
The agreement marks the first time a Chinese bank has opened up its wealth-management subsidiary to a foreign strategic investor
Wealth and Asset Management
03/19/2021
DBS Private Bank aims to have more than 50% of AUM in sustainable investments by 2023
The initiatives are part of DBS Private Bank’s three-pronged sustainability approach that drives ESG investing, advocate responsible business practices and create social impact.
03/18/2021
Julius Baer International signs up to the Diversity Project as part of commitment to Diversity & Inclusion initiatives
In the UK, Julius Baer International has signed up to the Diversity Project and the Women in Finance Charter, demonstrating the firm’s commitment to improving all aspects of diversity within the investment management industry.
03/18/2021
Julius Baer is pleased to be the Headline Sponsor for the EY Entrepreneur of the Year Awards in the UK
The programme looks to recognise and celebrate talented individuals
03/18/2021
Morgan Stanley Strategy Challenge to Benefit 12 Nonprofit Organizations in the U.S. and UK
Over the next 11 weeks, teams of Morgan Stanley employees in New York and London will work virtually with leadership teams at 12 nonprofit organizations to provide strategic recommendations to address their mission-critical challenges.
03/18/2021
WealthSource Acquires RIA
Deal adds three financial advisor coaches and six marketing professionals, substantially augmenting the WealthSource value proposition nationally
03/18/2021
Credit Suisse CEO Gottstein earns less than predecessor Thiam
The recent collapse of around $10 billion of funds related to British supply chain financier Greensill has put fresh pressure on him.
03/18/2021
Credit Suisse is overhauling its asset management business and has suspended bonuses after Greensill collapsed
Credit Suisse stuck to its guidance on capital and said plans to buy back at least 1 billion Swiss francs ($1.1 billion) worth of stock this year were still on.
03/18/2021
International Americans: the benefits of "offshoring"
Elections and other disruptive political events, along with sudden legislative changes, are just some of the risks associated with holding all of your assets in a single jurisdiction.
03/18/2021
Knox group of companies expands into UK TCSP services
James Heathcote, Director at KHT UK said: “With a raft of recent tax changes, as well as further legislative changes undoubtedly on the horizon, the demand from clients for UK TCSP services has become increasingly apparent.”
03/18/2021
RBC Reshapes Markets Unit Into Three Cross-Product Groups
Business will be divided into sales, macro and digital groups
03/17/2021
Why Canaccord's takeover bid for RF Capital is a 'great cultural fit'
News of the bid, which was made earlier this month, emerged yesterday, raising the prospect of two of the largest independents joining forces.
03/17/2021
Citi Private Bank Loses China Heavyweight
The departures occurred in the midst of a new organizational structure for Citi’s private banking arm.
03/17/2021
Santander Private Banking to Acquire Indosuez Wealth Management Business in Miami
As part of the agreement, Santander Private Banking plans to purchase $4.3 billion in client assets and liabilities with related staff from Indosuez Wealth Management.
03/17/2021
“Smart Alpha” – a new way to tap into active investment strategies
A new partnership between UBP and amLeague, a specialised index provider, allows investors to combine the advantages of active investment management with those of passive index tracking.
03/17/2021
CREALOGIX reports sales growth and improved profitability in the first half of 2020/2021
The CREALOGIX Group has successfully taken its place amid the international competition in the first half of 2020/2021
03/17/2021
The power of collaborative leadership
Entrepreneurship is not for everybody.
03/17/2021
Global equities hit a speed bump by Nikko AM
The interaction between sovereign bonds and equities has been worrisome for multi-asset portfolios so far this year.
03/17/2021
SJP award winner seals advice firm acquisition
The acquisition means that Oakmere Wealth Management now employs a total of nine staff, with Walsh continuing to serve his clients and provide ongoing financial advice.
03/17/2021
Hargreaves Lansdown expects profit ahead of market forecasts
Hargreaves recorded annual pretax profit of GBP378.3 million in financial 2020.