08/07/2020
UBS' Private Bank Looks to Old-School Over Digital
At the same time, big wealth managers hope to cash in on demand for private market opportunities among their rich clientele, the outlet noted.
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