07/12/2024
In the aftermath, UBS reimbursed approximately $17 million to affected customers, paying the principal plus the amount of appreciation that the third party listed on their statements.
07/11/2024
Last month, the Financial Conduct Authority requested data regarding ongoing servicing from 20 UK wealth management firms
07/05/2024
This setup allows asset managers to cater to investors in various regions without altering the core management of the fund.
07/04/2024
ComCo's analysis has shown that the merged UBS now has market power or dominance in some markets
07/03/2024
Benefits won't be clawed back
06/28/2024
For the sixth consecutive year, Withers also achieved multiple wins at the WealthBriefingAsia Asia Pacific and Greater China Awards
06/27/2024
The STEP Private Client Awards are seen as the hallmark of quality within the private client industry.
06/26/2024
For nearly twenty years, the audit and consulting firm has diligently compiled data from bank annual reports.
06/26/2024
The reform package of the international Basel Committee on Banking Supervision (BCBS) aims to strengthen the solvency and liquidity of banks.
06/25/2024
Bank association and regulators warn against using WFM International.
06/21/2024
New regulations introduced last summer
06/20/2024
Swiss National Bank eases monetary policy and lowers SNB policy rate to 1.25%
06/19/2024
HSBC Private Bank (Suisse) SA has co-operated with FINMA’s proceedings.
06/19/2024
Quilter Cheviot’s investment management team have undertaken training with each of the Big Four to fully understand personal independence procedures
06/17/2024
The Swiss government feared that severe losses at the scandal-hit lender would destabilise the global banking system.
06/14/2024
Economists say overall tax levels are likely to approach an all-time high whoever wins the election, despite promises by both main parties not to increase major tax rates.
06/13/2024
Welcome to the Spear’s ranking of the best family law barristers for high-net-worth individuals in the UK
06/13/2024
FINMA established in the last week that FlowBank SA no longer has sufficient capital for its operations as a bank.
06/12/2024
The new Finma Director, Stefan Walter, has once again called for stronger supervision.
06/11/2024
Others with significant exposure include the country’s three largest banks DBS, OCBC and UOB.