05/27/2020
More than traditional trust and estate planning
Coronavirus’ impact on travel is a big tax issue for businesses and individuals.
Wealth and Asset Management
05/27/2020
Royal Bank of Canada profit falls short of views
The total PCL ratio on loans was 165 bps, up 139 bps from last quarter as we prudently increased reserves due to the impact of the COVID-19 pandemic.
05/27/2020
Sanctuary Wealth Receives PPP Loan
The Indianapolis-based firm with about $9 billion in assets under advisement intends to use the loan primarily to "maintain headcount and compensation," according to a new Form ADV.
05/27/2020
The return of the global wealth manager?
Covid-19 may accelerate larger wealth managers’ global ambitions.
05/27/2020
How to get the best price for your wealth firm
Patrick Isaacs, chief executive officer at M&A consultancy Capital and Trust, gives tips to sellers and buyers as the coronavirus crash is set to accelerate consolidation in the industry
05/27/2020
Scotiabank Takes $168 Million Hit as It Shuts Historic Gold Unit
Bank is in talks to settle with authorities on metals probes
05/26/2020
Michael Qamar: "We are starting to speak to private banks"
There are three options for this: Either you want to sell the deal together with us as a bank, then we ask our customers and you theirs.
05/26/2020
Investment Products & Solutions - Are we at the Dawn of a New Investment Paradigm?
The chaos wrought on economies, businesses, individual liberties and of course on the financial markets has been dramatic and shocking to all.
05/26/2020
Swiss bank UBS to start venture capital arm
Lender will look to make investments of $10m-$20m apiece in FinTech companies
05/26/2020
Geneva WM partners with investment platform to launch fund
This partnership is in line with our desire to constantly improve our value proposition through competitive, innovative and differentiated offering for our clients.
05/26/2020
UBS Creates New Global Financing Team
It is a global team that is able to really, in an organized way, meet all of our clients’ needs on a local and global level.
05/26/2020
Singapore Private banks allowed to have face-to-face meetings
Private banks will be allowed to have face-to-face meetings, but staff must be equipped with a face shield in addition to a face mask.
05/25/2020
Spotlight on coronavirus: After COVID-19
A closer look at the post-crisis world. We look at how to invest in a more indebted, less global, and more digital world.
05/25/2020
Swiss Banks Eye Up Return to Offices
Credit Suisse’s plan to redeploy staff back to bank offices is more aggressive than UBS' – but also includes free tests to detect the coronavirus antibody.
05/25/2020
Chinese banks' wealth management businesses remain stable
The commission had approved 19 banks to set up their wealth management subsidiaries by the end of last month.
05/25/2020
Telemedicine - going viral
The telemedicine revolution has not come a moment too soon
05/24/2020
Top Global Wealth Management And Advisory Companies In The World For 2020
These are the leading wealth firms – manage many Trillions of Dollars in Assets.
05/24/2020
Monaco wants its old life back, and so do its bankers
The cancellation of events from exclusive meetups to sports outings may reveal just how useful they were in bringing in new business
05/24/2020
Private Bankers Swap Super Yachts For Webinars To Woo Ultra-Rich
The coronavirus pandemic has intruded even here, in the big-money world of super yachts and the private bankers who tend to their owners.
05/23/2020
Preserving Wealth: Adopting a structure to meet relocation needs
The client’s intention was to simplify the structure, implement a succession planning solution and make the necessary adjustments to preserve wealth and accommodate the future needs of all the family members.