07/20/2020
Europe’s private banks hit by second year of lower profits
Earnings fell to €13.3bn last year, down a tenth from their 2017 peak
Wealth and Asset Management
07/20/2020
CIBC opens continental Europe office in Luxembourg
CIBC Capital Markets (Europe) S.A. to expand bank's operations in Europe
07/20/2020
Bellevue Profit to Collapse
Bellevue sold its banking activities to Quintet private bank earlier this year, a move that shifted its business to purely asset management.
07/20/2020
HSBC Job Cuts Reach Asia
While the lion’s share of cost cuts reside in Europe, the report noted that Asia – the most profitable region for HSBC
07/20/2020
Kaiser Partner Wins Two Awards
The awards recognise Kaiser Partner's long-standing commitment to its clients' personal values.
07/18/2020
Isle of Man Private Wealth Report 2020/21
Political and economic stability of the jurisdiction is crucial for the successful future. Further consolidation of the private wealth service providers.
07/17/2020
Broadridge Schedules Webcast And Investor Conference Call To Review Fourth Quarter And Fiscal Year 2020 Results On August 11, 2020
A replay of the webcast will be available and can be accessed in the same manner as the live webcast at the Broadridge Investor Relations website.
07/17/2020
AXG Group and AHR Private Wealth announce merger
The combined AuM of the new company will be $1.1bn.
07/17/2020
EFG considers leaving Guernsey
The bank has seen a significant turnover in staff
07/17/2020
Union Bancaire Privee announces a net profit of CHF 107.6 million for the first half of 2020
Revenues rose 4.5% to CHF 557.0 million in the first half of 2020
07/17/2020
Merrill Lynch Revenue Slips 10%, Asset and Account Growth Slows
Merrill’s more than 14,000 brokers opened 6,000 net new client accounts in the quarter, down from 7,500 in this year’s first quarter and the high-water mark of 10,200 new accounts in last year’s second quarter.
07/17/2020
Five ZEDRA offices are recognised in the Chambers and Partners High Net Worth Rankings
The guide also ranks law firms and lawyers specialising in international private wealth matters.
07/16/2020
Aequitas Wealth acquired by Miracle Mile Advisors
This partnership expands our market and brings a committed team of experienced professionals who are aligned with and support our strategic growth objectives
07/16/2020
Investors pull £800m from Brooks Macdonald
Brooks saw positive flows of £1m into its discretionary arm in Q2, while investors pulled cash from its funds.
07/16/2020
Is India the new China?
In the latest edition of Shifting Asia, we explore India's future, the economy and its challenges. Dive deeper into the report to discover the most relevant takeaways for investors.
07/16/2020
UBP launches a new corporate governance-focused strategy
The new strategy will therefore focus on Japan’s 500 largest stocks, taking long positions on 25-35 well governed companies and short positions on 50-70 poorly governed companies.
07/16/2020
Northern Trust Asset Management Offers Pioneering ESG Fixed Income Strategies
These strategies are designed to provide investors their desired yield exposure while improving their ESG score within a risk-controlled framework.
07/16/2020
Affluent and HNW Investor in the UAE Are Keen on Green and Sustainable Investments Amidst COVID-19
This interest was matched by 39 per cent of UAE investors expressing an interest in allocating 15 to 25 per cent of their funds to sustainable investments within the next three years.
07/16/2020
Horizon 2020: long-term investing in a world marked by pandemic
The 2020 edition of Horizon assesses the pandemic’s impact on Pictet Wealth Management’s 10-year economic forecasts and return expectations across asset classes.
07/15/2020
Handelsbanken’s Interim Report January – June 2020
In Q2 2019, a restructuring reserve of SEK 30m was recognised. In Q2 2019, the Bank received a dividend of SEK 55m from VISA Sweden.