09/10/2020
The most challenging period in Sanlam’s 100 year history: CEO
The Group commenced the 2020 financial year from a solid base, with growth accelerating for most businesses in the second half of 2019.
Wealth and Asset Management
09/10/2020
Consolidator seals thirteenth deal with Solihull adviser
It follows a string of deals for IWP this year in a spree undeterred by the challenges of the coronavirus pandemic and national lockdown.
09/10/2020
Banque Bonhôte builds executive committee and names member
The newly formed committee will also lead large-scale projects and prepare the bank for future challenges.
09/10/2020
Lloyds to axe hundreds of jobs in wealth and insurance
The cuts will be offset by the creation of 226 new roles within the company
09/09/2020
Swiss banks increased assets in 2019 but seek to limit damage in 2020
It is also twice the amount claimed by third place Singapore and almost three times that of fourth place Unied States.
09/09/2020
900 private banking clients to be compensated
After they did not receive sufficient information about expected negative net returns
09/09/2020
Five of Ocarian Private Client team shortlisted
The winners will be revealed at the awards ceremony cocktail party
09/09/2020
Sanne Group reports rising revenues showing resilience across the business
These are strong numbers, showing a group coping well in the face of adversity.
09/09/2020
AJ Bell launches fund research service for advisers
Mr Mackay said AJ Bell had developed the Fundamentals tool to provide access to the investment research expertise it had within the business.
09/09/2020
Here’s how Julius Baer is helping its clients grow their wealth during the crisis
At a time when face-to-face meetings haven’t been possible, that often meant sitting with clients in their homes via videoconferencing, creating a strange sort of intimacy as some showed their full distress.
09/09/2020
SBM Bank India launches marquee product SBM Private Wealth for affluent customers
SBM Private Wealth Investment banking structure will also be supported by the Group’s international network, the release said.
09/09/2020
REInvest buys 30 Lombard Street office asset in London for £76m
Net sale proceeds of £68.5m will be used to pay down debt, prior to further investment in new acquisitions and portfolio opportunities.
09/09/2020
Brown Shipley profit tumbles on cost of major IT update
The private bank’s pre-tax profits dipped by 63% in 2019 due to £3.6m in costs related to a new IT platform provided by rival Lombard Odier.
09/08/2020
Swiss Cantonal Banks in Derivatives Tie-Up
The certificate will go live on October 5, 2020
09/08/2020
Ocorian ranked as tier one firm
We are delighted to announce that Ocorian has again been recognised as a Tier 1 trust company in the 2020 eprivateclient Top Trust Company rankings.
09/08/2020
New UK wealth firm targets US expats
As it poaches Quilter Cheviot fund analyst to become head of research
09/08/2020
Digital now a top agenda of asset and wealth managers
Asset management has been no exception to this trend, with the sector increasingly prioritising digital transformation in recent years.
09/08/2020
Tycoon moves US$6b fortune to Switzerland from Caribbean
The move illustrates the lengths many of the world’s richest people go to to protect their wealth.
09/08/2020
Digitalization of Asian Private Banking in Numbers
This is even more amplified in Asia due to a hands-on investor culture coupled with a high share of active trading, leading to more need for manual interaction with clients.
09/08/2020
Gale and Phillipson acquires Kent-based IFA
It is the adviser firm’s fourth acquisition of the past two years and brings its total assets under management to £1.2bn, managed by about 40 advisers.