02/19/2020
Switzerland: No Longer the Most Secret Financial Market
The home of private banking has slipped to third place behind Cayman and the U.S. and isn’t top of the list for the first time since 2011.
Wealth and Asset Management
02/19/2020
BLKB: Operating Costs Rise on Transformation
The increase was mainly due to growth in revenues from commissions, services and trading.
02/19/2020
HSBC Swiss Wealth Unit Returns to Profit
The profit from the Swiss unit helped the global private banking business to increase its pretax by a fifth to $402 million.
02/19/2020
Quilter’s UK Platform launches family linking
Introduces new pricing structure, saving clients’ money
02/19/2020
Belvoir subsidiary changes name after founder’s retirement
BWM will remain a legally separate subsidiary of Belvoir Capital and retain its focus on customers connected to the US.
02/18/2020
Wall Street Targets the Nordics After Latest Spike in Wealth
Eirik Winter, chief executive officer in the Nordics at BNP Paribas, says the region’s appeal lies in its “tendency to grow a bit faster than the rest of Europe and in some cases even faster than the U.S.”
02/18/2020
Standard Chartered to Double Relationship Manager Headcount
Unsurprisingly, the segment also exhibits global tendencies and currently makes up about one-third of Standard Chartered’s international banking clients.
02/18/2020
ZEDRA launches new website and announces Active Wealth approach
Streamlining and simplifying the private client offering process has other benefits too.
02/18/2020
How wealth managers can harness new technology to succeed in the 2020s
Digital and voice-enabled services are essential to delivering a more responsive offering to investors.
02/18/2020
Intergenerational wealth transfer: threat or opportunity?
Are traditional wealth management firms and private banks prepared for this intergenerational transfer of wealth, and should they view it as a threat or an opportunity?
02/18/2020
SocGen Is Said to Scrap Sale of U.K. Private Bank Unit Hambros
French bank fails to reach deal with potential buyers of unit
02/18/2020
Berenberg grows net profit for the year by 160%
Gross income at the Investment Bank division climbs 36.5% to €275 million
02/18/2020
WeekWatch - St. James’s Place
Investing sustainably is one of today's most important challenges
02/18/2020
How the private members’ club is being reimagined as an ethical forum
Having such a prodigious resumé comes with many perks.
02/18/2020
Double nomination for Crestbridge in European private wealth awards
Winners of the Awards will be selected by an independent panel of judges and announced at an Awards dinner in London on 23 April.
02/18/2020
New StanChart hub for affluent clients
The centre has been set up for high-net-worth individuals with at least $1.5 million in assets under management with the bank.
02/18/2020
HSBC to cut 35000 jobs worldwide as profits plunge
Alongside the publication of our full-year results, we today update you on our plans to improve the Group’s returns by 2022 to allow us to meet our growth ambition and sustain our current dividend policy.
02/18/2020
Linda Mack Named Women in Wealth Advocate of the Year for the Second Consecutive Time at the 2020 Private Asset Management Awards
Linda Mack of Mack International was named Women in Wealth Advocate of the Year by Private Asset Management Magazine, a leading wealth management and family office industry publication, as part of the 2020 PAM Awards, announced February 6 in New York City
02/17/2020
Jupiter Fund Management in advanced talks to buy Merian Global Investors
Deal would create UK group with just over £65bn of assets under management
02/17/2020
UBS CEO May Wait for France Ruling Before Leaving Role
Bloomberg News reported earlier this week that UBS is formally seeking internal and external candidates after Ermotti