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Wealth and Asset Management

08/07/2020

UK wealth manager sets up IFA network

Service is a ‘way of increasing funds under management’

08/07/2020

The two risks at the top of BNP Paribas WM chief Bronès’s agenda

Beyond the Covid-19 pandemic, Florent Bronès sees just as much danger in the political and economic tensions between the US and China.

08/07/2020

Former PrivatBank owners used vast array of companies to steal, launder billions: DOJ

In a civil forfeiture complaint seeking to seize commercial properties in Kentucky and Texas

08/07/2020

Wealth: Creation, Distribution and Devaluation

The idea of wealth and income distribution is nothing new and was expounded in Karl Marx’s three-volume tome Das Kapital.

08/07/2020

OCBC Group Reported First Half 2020 Net Profit of S$1.43 billion

Second quarter earnings rose 5% from the first quarter to S$730 million

08/07/2020

Schroders unveils multi-asset offshore fund in South Africa

It aims to deliver ‘long-term capital growth’ over five-to-seven years

08/06/2020

Carey Olsen shortlisted for Chambers High Net Worth Awards 2020

Carey Olsen has once again been shortlisted for Offshore Firm of the Year at the annual Chambers High Net Worth Awards, having won the same category last year.

08/06/2020

HSBC cuts bonus pool by US$600 million as bank focuses on costs, bad loans

Bonus cuts come despite 55 per cent jump in revenue in global markets business in second quarter

08/06/2020

Bank of America targets $3,000/oz as gold shatters price record

The prediction comes after the precious metal passed the $2,000 mark for the first time.

08/06/2020

39% fall in trading revenue hits BKB profits

However, the volume of the group's investment solutions increased by CHF 144m.

08/06/2020

Bank Cler expands asset management business

CEO Mariatheresa Vacalli was positive about the results.

08/06/2020

Sanctuary Wealth Expands International Network Capabilities

Merrill Veteran Susan Graybeal Joins Team Offering Partnered Independence to Advisors Working with Offshore Clients

08/06/2020

Trends: BCG: A different wealth management industry by 2040

Their scale advantage and balance sheet strength will allow them to service the whole value chain, cementing their role as a single gateway to meet even the most complex client needs”, says the report.

08/06/2020

Move to homeworking delivers boost to Canaccord's bottom line

The Company's effective tax rate returned to a normalized level of 22%, following the recognition of deferred tax assets in fiscal 2020 that had previously been unrecognized due to historical losses.

08/05/2020

Coronavirus Q&A: What Next for Investors?

Our experts discuss the pandemic’s effect on financial markets and the wider world.

08/05/2020

Greatly exaggerated by Julius Baer

Yes, the Federal Reserve has been printing money like there is no tomorrow.

08/05/2020

DBS launches new solutions to bolster Singaporeans' retirement plans and financial resilience amid tough times

Solutions include retirement tool in NAV Planner and a retirement portal that provides estate planning advice and services

08/05/2020

Remote client service has grown on most advisors, finds survey

Majority of professionals in poll plan to keep serving clients remotely until the end of 2020

08/05/2020

Falcon: Fund Unit Divested to Swiss Firm

The conclusion of the transaction, which is pending approval by the Luxembourg regulator

08/05/2020

Close Brothers Asset Management expands North West footprint with new Chester office

The new location in the heart of Chester will be home to bespoke investment managers, financial planners and their client support teams

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