10/26/2020
At UBS, Sergio Ermotti Made Boredom Great Again
Ermotti, who had made it within striking distance to replace Alessandro Profumo at Unicredit before being passed over in 2010, had learned to sweat it out.
Wealth and Asset Management
10/25/2020
EY, Sionic and PwC named Europe's top wealth management advisors
The award for Best M&A Advisor went to PwC
10/23/2020
China sets limits in plan to ease capital controls in Greater Bay Area under cross-border wealth management scheme
Each investor can only invest up to 1 million yuan worth of investment products under the new scheme
10/23/2020
Wells Fargo explores sale of asset management business - sources
The San Francisco-based bank has discussed a potential deal with asset management companies and private equity firms.
10/23/2020
Strategic Ultra-High-Net-Worth Philanthropy
A “push off the starting gate” for strategic ultra-high-net-worth philanthropists ends with a little “pull” into an existing “philanthropic ecosystem” about which they should be wary.
10/23/2020
Barclays Private Bank CEO Bets on U.S. to Lure World’s Rich
“We have the capacity to source deals in the U.S. that we can bring to Europe,” Gerard, 56, said in an October interview. “We play this card.”
10/23/2020
Nucleus recoups pandemic losses
The results show the platform experienced £553m of negative market movements over the nine months as the coronavirus crisis saw global markets tumble.
10/23/2020
Barclays recovers as bad debt charges fall
In the first nine months Group income increased 3% to £16.8bn with pre-provision profits4 increasing 9% to £6.9bn.
10/23/2020
Creative Uses for Captives in a Hard Market: A Practical Case Study
Most captive owners will have a well-established Enterprise Risk Management (ERM) process which is an integral part of managing their business.
10/23/2020
Swiss Private Bank Quintet sets its sights on Asia
In addition to serving as a Director at Edmond de Rothschild Family Advisory in Hong Kong, Zhang Brogle also served as CEO of the Swiss bank’s Hong Kong branch.
10/22/2020
Quilter plc Third Quarter 2020 Trading Statement
Quilter Investment Platform transformation project on track with around 80% of platform assets to be migrated by year-end.
10/22/2020
Wealth Management for High-Net-Worth Individuals
Zoe Financial is the premier network when it comes to matching high-net-worth individuals with their ideal wealth manager.
10/22/2020
Digital and Innovation: Societe Generale strengthens its leadership to co-build the bank of tomorrow with its clients
A long-term strategy based on two pillars: technology and innovation
10/22/2020
AMP Limited Q3 20 AUM and cashflows update
As we move into the second year of our three-year strategy, we are accelerating our business transformation, and continuing to mitigate our legacy issues
10/22/2020
Wealth Management Continues To Shine For Morgan Stanley, Bank Of America Despite Recession
With its 15,469 advisors, the firm reported net revenues of $4.657 billion in its wealth management division which was flat from the second quarter but up 7% from the third quarter of last year.
10/22/2020
AJ Bell reports strong financial year driven by platform business
D2C growth particularly strong
10/22/2020
Wall Street forecasts more asset managers will merge to survive
"After having been through a real scare with the COVID cycle, when there was another big market correction, people realized that it's time to think about where the industry ends up in five years."
10/22/2020
FundCount Wins Best Client Accounting for Third Year in a Row
Comprehensive view of wealth and nested entity control center deliver winning combination
10/22/2020
The benefits of signposting and why SJP acquired Future Proof
‘Either write it or refer it. Do not ignore it’
10/22/2020
SEI Reports Third-Quarter 2020 Financial Results
Words can’t express our appreciation for their efforts, along with all of the healthcare and service providers who look after our health and well-being,” said Alfred P. West, Jr., SEI Chairman and CEO.