10/26/2017
OCBC's profit rises 12 per cent on lending, wealth, insurance
OCBC is the first of Singapore's three large banks to report third-quarter results.
Wealth and Asset Management
10/26/2017
Deutsche Bank profit more than doubles
Deutsche Bank AG on Thursday said its third-quarter profit more than doubled, beating analysts' expectations, despite a fall in revenue.
10/26/2017
Private equity firm Thomas H. Lee buys stake in indie wealth manager HighTower
The deal comes at a time when mounting costs for technology and compliance have squeezed margins at small and mid-sized independent wealth management firms across the industry.
10/26/2017
Globaleye takes more focused approach to next phase
Singapore, one of most stringent markets when it comes to financial services regulations, serves as a benchmark for Globaleye.
10/26/2017
Raymond James Financial notches record performances
The record results generated in the quarter were largely attributable to substantial growth of Private Client Group assets in fee-based accounts
10/26/2017
Old Mutual Wealth reports growth ahead of listing
In particular, the continued robustness and year-on-year growth of our integrated flows demonstrates the strength and value of our business model.
10/26/2017
Fidelity Set To Expand Wealth Product Offering
China Has Allowed Foreign Asset Managers To Enter Its Private Fund Market
10/26/2017
Gilbert up with world’s asset management best
In terms of UK rankings, Mr Gilbert was the third highest ranked CEO of any British firm after Sir Martin Sorrell of WPP fame and Richard Cousins of FTSE 100 catering group Compass.
10/26/2017
Barclays Africa write-off pushes business back into red
‘The third quarter of 2017 was particularly significant for Barclays as it was the first for many years in which we have not been in some state of restructuring.'
10/26/2017
UBS wants more bankers to serve the wealthy in Middle East, Saudi Arabia
For bankers, Saudi Arabia’s wealth market offers tremendous potential.
10/26/2017
SANLAM Finalises Acquisition of Tavistock
The deal will see Sanlam UK acquire Cheltenham-based Tavistock Financial’s network of 158 financial advisers along with 25 support staff.
10/26/2017
Regions Bank Goes Live on SEI Wealth Platform
Enhanced Unified Solution Provides End-Clients Superior Holistic Wealth Management Experience
10/25/2017
Vontobel sees advised client assets swell
Vontobel Wealth Management is still targeting growth in net new money of 4% to 6% – exceeding the market average
10/25/2017
Butterfield to Acquire Global Trust Solutions Business
Upon completion of the transaction, which is subject to regulatory approvals, Butterfield will take over the ongoing management and administration of the GTS portfolio
10/25/2017
Butterfield Reports Third Quarter 2017 Results
Butterfield delivered solid results this quarter as lending margins improved and expenses began to return to a more normal level.
10/25/2017
Requiem For A Banking Tradition
Deutsche Bank is Poised To Dismember The Private Banking House
10/25/2017
OCBC Bank planning research push into rival market Hong Kong
OCBC previously invested in mid-cap coverage of Singapore stocks in an attempt to dominate that area of its home market.
10/25/2017
Advisor Tech in the Year 2020 Roundtable
With the pace of change not likely to slow down
10/24/2017
Pilatus Bank is set to offer Private Banking to the mass affluent
The Chairman of Pilatus Bank, Ali Sadr, believes that due to retail banks closing their bank branches and forcing people into online banking, the demand for private banking is on the rise.
10/24/2017
St James’s Place reports 42% rise in fund inflows
SJP is also set to launch two new investment vehicles, the Japanese and New Global Growth funds, and will add a new Strategic Growth Portfolio to the existing growth and income range.