09/01/2016
Kleinwort Benson Investors rebranded as spin-off approved
The rebranding coincided with regulatory approval for the separation, which was bankrolled by Amundi taking 87.5% of equity in the independent business.
Wealth and Asset Management
09/01/2016
Handelsbanken completes acquisition of Dutch wealth management firm
Handelsbanken is acquiring all shares in Optimix, which will become a wholly owned subsidiary of Handelsbanken.
09/01/2016
J.P. Morgan Gets Stand-Alone Asset-Management License in China
License is registered in Shanghai’s free-trade zone
08/31/2016
Mirabaud Profit Drops as Transactions Slump
The Mirabaud Group Published Its Half-Year Results On 30 June 16. Assets Under Management Have Remained On A Par With The Prior-Year Period.
08/31/2016
Credit Suisse chairman calls for time to complete turnaround
If multiple banks would join up, the resulting IT infrastructure organization could be sold in an IPO on the stock exchange.
08/31/2016
PAFA Announces New Partnership with SEI
PAFA President and CEO. “SEI could not be a more ideal partner as we re-launch the Morris Gallery Exhibition Program, as SEI has demonstrated a long, visionary commitment to fostering innovation in contemporary art.”
08/31/2016
Lombard Odier says H1 consolidated net profit 61 mln CHF
As a result of the top-line developments, and despite reductions in the cost base, the operating cost/income ratio increased to 83%, compared to 80% in the first half of 2015.
08/31/2016
London-based private bank to expand Scottish business
The London-based private bank plans to expand on “burgeoning demand” from overseas investors
08/31/2016
Deloitte Acquires Wealth Firm
Deloitte in Australia has announced that Morse Consulting will join its Australian business.
08/31/2016
Patrick Odier: «Time to Be a Little Egoistic»
The fact that this business is successful proves our strategy right.
08/31/2016
Celebrating 140 years of Gitana saga
The Gitana Team and the Edmond de Rothschild Group invite you to relive 140 years of passion for sailing with the mobile exhibition “Gitana, entering into the legend”.
08/31/2016
Ansbacher Bahamas buys Edmond de Rothschild unit
While Pictet and Mirabaud, private-banking rivals in Geneva, had a rather more difficult start to the year, Edmond de Rothschild was flying high by contrast.
08/31/2016
Family succession: moments of truth by Bernard Rennell, Regional Head of Global Private Banking, Asia-Pacific, HSBC
Passing control from one generation to the next is a critical moment for a family business. It can be a positive, but often businesses lose momentum. It can bring a family together, but all too often it drives a family apart.
08/30/2016
Valartis Group reports CHF 46.5m loss
The approvals mean that the two major conditions precedent on conclusion of the sale's transaction have now been fulfilled.
08/30/2016
Advisers seek income replacement as interest rates tumble
Historically, fixed-income yields have been a stalwart pillar of retirement savings.
08/30/2016
Custom House Global Fund Services opens Shanghai office
Harvest Wealth Management is the subsidiary of Harvest Fund Management. Both companies are regulated by China Securities Regulatory Commission.
08/30/2016
UK wealth management firm makes acquisition
Based in Wolverhampton with 107 advisers nationwide and assets under advice of around £1bn.
08/30/2016
Julius Baer Calibrates Team Structure
In a note to finews.asia the bank updated its latest internal moves.
08/30/2016
How Wealth Management Is Paying Off for Bank of America
Banks also laid out BAC’s strategy for the expansion of its wealth management business.
08/30/2016
PRAXISIFM acquires Swiss-based fiduciary and accounting company
PraxisIFM has been looking to develop the Middle East market and the group’s capabilities will be enhanced by this acquisition and Hakim joining our team.