02/27/2020
IIFL Wealth Management Makes a Clean Sweep at the Euromoney Private Banking and Wealth Management Survey 2020
The wealth management landscape is undergoing significant changes and creating new opportunities as well as risks for investors.
Wealth and Asset Management
02/27/2020
Vietnamese bank MB partners Bordier to launch wealth management unit
The new business is based at the MB Private Banking Center in Ho Chi Minh City.
02/27/2020
SJP boasts a quarter of new chartered planners
Despite this the advice firm reported "record" funds under management of £117bn last year, up from £95.6bn in 2018
02/26/2020
BNY Mellon onboards first client to new investment operations platform
The new platform encompasses the capabilities previously aligned with BNY Mellon’s middle-office solutions with a new set of modular data services
02/26/2020
ZEDRA nominated in two categories at the Citywealth Magic Circle Awards
ZEDRA’s second nomination comes for our Digital Assets solution, in the UHNW Private Client Services Innovation of the Year category.
02/26/2020
A Private Bank That Survived the Nazis May Be Broken by German Tax Scandal
Longtime chairman Olearius forced to leave supervisory board
02/26/2020
EFG increases net profit by 34%
Underlying net profit decreased to CHF 108.7 million, reflecting challenging interest rate environment and substantial investments in growth
02/26/2020
BMO Financial reports surge in Q1 wealth management income
The growth was said to be due to higher revenue and lower expenses.
02/26/2020
Pictet Wealth Management to open banking branch in Monaco
From a legal point of view, the new banking branch is affiliated to Pictet & Cie (Europe) SA, the Group’s bank in Luxembourg.
02/26/2020
Pictet WM opens banking branch in Monaco
A presence in Monaco will allow us to offer local access to the Pictet Group's investment expertise, borne out by more than two centuries of experience."
02/26/2020
Wealth managers expect record year for fixed income ETFs
Tabula research
02/25/2020
RBC Wealth Management acquires $1.8 billion Wisconsin team
The deal with Visionary Wealth Management will make the 16-person team RBC's largest in the state.
02/25/2020
Wealth anagement firm joins Focus partner firm
They will serve clients from both Quadrant's headquarters in Bethlehem, Pennsylvania and a newly established Quadrant location in Sarasota, Florida.
02/25/2020
Harwood Wealth Management Takeover Offer Gains Approval From UK FCA
The remaining condition for the takeover is a sanction from the High Court of Justice in England & Wales at a hearing which is expected to be held in March.
02/25/2020
BCGE's net profit soars 6.2% to CHF 97m in 2019
Operating expenses increased 3.1% to CHF 239.3m.
02/25/2020
Private Banking Insight: What are the industry's biggest challenges?
Regulation, recruitment and retention are the three Rs listed by our panel of industry experts
02/24/2020
Wealth managers move savers into pricier portfolios
DIY investors are the new target of services designed for the super-rich
02/24/2020
Wealth manager Elkstone set to launch €50m seed fund for Irish tech fledglings
The Elkstone management, including Merriman, is also making a significant personal investment in the fund.
02/24/2020
Singapore Budget 2020: Funds and wealth management implications
In keeping with the theme of the 2020 Budget to help ward off a predicted downturn in the local economy, a suite of corporate tax changes were announced.
02/24/2020
UBS unveils investment initiative for private clients
Plastic waste in the sea could outweigh fish by 2050 if current practices continue.