Wealth and Asset Management Archives - Page 16 of 1502

Hang Seng Bank doubles down on wealth hubs despite Beijing’s tighter investment scrutiny

August 24, 2026

Hang Seng Bank says it continues to invest in its wealth centre network to capture growing demand from high-net-worth clients, even as Hong Kong’s wealth management industry faces uncertainty amid Beijing’s tighter scrutiny of mainland Chinese investors’ cross-border investments. The Hong Kong lender recently opened a new wealth management centre at Hysan Place in […]

Wealth and Asset Management

Azura Financial launches private banking arm with Stella Private merger

August 24, 2026

Sydney-based brokerage Azura Financial has joined forces with Stella Private to launch Azura Private, a new advisory platform aimed at high-net-worth individuals, families, and corporate clients seeking sophisticated finance solutions. The new venture begins operating from Monday 24 August. A platform built for complex wealth Azura Private brings together Azura Financial's broking capability with […]

Wealth and Asset Management

Major private bank in South Africa fighting prosecution

August 24, 2026

South African private banking group Investec says it has given the Competition Commission the opportunity to withdraw charges against it in the ongoing rand manipulation saga. If the Commission declines to do so, it will approach the Competition Tribunal with the same request, as it believes there is no viable case against it. […]

Wealth and Asset Management

T. Rowe Price To Expand Fixed Income ETF And SMA Capabilities By Acquiring F/m Investments

August 24, 2026

T. Rowe Price Group, Inc. has announced an agreement to acquire F/m Investments LLC, the fixed income asset manager and ETF specialist with approximately $19 billion in assets under management as of July 31, 2026, across exchange-traded funds (ETFs), institutional separate accounts, and both taxable and municipal separately managed accounts (SMAs). The acquisition is […]

Wealth and Asset Management

Global reach on a ringgit policy: Legacy planning for Malaysia’s rising wealth

August 24, 2026

Malaysia’s wealthy are multiplying, and a growing share of their money is crossing borders. The number of ultra-high-net-worth individuals — those with net assets above US$30 million (RM122 million) – in the country is projected to grow 20.1% over the next five years, from 1,566 in 2026 to 1,881 by 2031, according to Knight Frank’s […]

Wealth and Asset Management

French wealth manager for Americans living in Europe opens New York office

August 24, 2026

French wealth manager Levitt Capital Management – which provides services for US citizens living in Europe – has opened its first New York office. The firm’s New York office in the Rockefeller Center gives the wealth manager a US base to meet with prospective and existing clients, as well as other professionals based in […]

Wealth and Asset Management

Kingsford Wealth Management merges with Dragon Wealth

August 24, 2026

A new chapter is beginning for a Knutsford wealth management firm after a merger with another company in town. Kingsford Wealth Management, based in Bexton Road, has now merged with Dragon Wealth, whose offices were based in King Street. The merger has now brought the two companies together under one roof at the […]

Wealth and Asset Management

Hypothekarbank Lenzburg increases group profit in the first half of 2026

August 21, 2026

In the first half of 2026, Hypothekarbank Lenzburg increased its consolidated profit by 16 percent to CHF 9.1 million. Commission income from investment activities rose by 3.4 percent, while operating expenses decreased by 4.3 percent. In the second half of 2026, the bank's focus will include the launch of its own pension funds. […]

Wealth and Asset Management

SNB Group Launches Mastercard’s World Legend Card for Private Banking Clients

August 21, 2026

The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and exceptional experiences tailored to the evolving expectations of affluent customers. SNB Group, in collaboration with Mastercard, announced the launch of the SNB World Legend Mastercard, becoming the first financial institution in the Middle East and North Africa to to offer Mastercard’s […]

Wealth and Asset Management

UBS Global Wealth Management lifts S&P 500 year-end target to 8,100

August 21, 2026

UBS Global Wealth Management raised its year-end target for the S&P 500 index (.SPX), opens new tab to 8,100, citing a stronger earnings ‌outlook and confidence in sustained profit growth through next year. The wealth management arm of UBS Bank, UBS Global Wealth Management is the newest addition to a growing chorus of global […]

Wealth and Asset Management

GKB significantly increases profit in the first half of the year

August 21, 2026

The Graubünden Cantonal Bank (GKB) closed the first half of 2026 with a consolidated profit of CHF 137.2 million (+18.2%). This positive result confirms its successful positioning as a lending, investment, and pension bank. With CHF 3.0 billion in equity capital, GKB underscores its strong resilience. GKB has recorded its best half-year result […]

Wealth and Asset Management

Clientis Group achieves convincing half-year results: Growth strengthens profitability, profit and substance

August 21, 2026

The most important points in brief Group profit increased significantly by 6.7% year-on-year to CHF 33.5 million, driven by higher net interest income and positive developments in commission and service fees. At the same time, sustained growth continued in the mortgage business and customer deposits. The equity base was further strengthened, underscoring the Group's long-term […]

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