05/03/2016
Chief Executive Officer Sergio Ermotti, 55, who has shifted the bank’s focus away from investment banking in favor of wealth management, is struggling with market volatility that led to a slump in trading across the firm.
05/03/2016
DBS’ wealth management division has posted a substantial 47% quarter-on-quarter increase in net fees and commission income for the arst quarter of 2016
05/02/2016
Warren Buffett nibbled on sweets during his presentation to shareholders on Saturday but he took a bite out of hedge fund managers.
04/29/2016
Earnings driven by gold holdings and foreign exchange positions
04/29/2016
EFG fell as much as 2.5 percent and was down 1.5 percent to 6.01 Swiss francs at 10:34 a.m. in Zurich.
04/28/2016
Figures are German lender’s first full quarter under a new structure announced in October
04/28/2016
Glass Lewis is also recommending a vote against Mr Dobson’s pay, which rose to £8.9m in 2015, making him the eighth best paid executive in the FTSE 100.
04/28/2016
This rapid development is based on the continuous innovation of Avaloq’s software product, the Avaloq Banking Suite, as well as significant demand for BPO solutions.
04/28/2016
KBL European Private Bankers (KBL epb), headquartered in Luxembourg and operating in 50 cities in Europe, announced today its positive financial results for the 12-month period ending December 31, 2015.
04/27/2016
This report provides a comprehensive review of the wealth sector in the Middle East, including HNWI trends, luxury trends and wealth management trends in each country.
04/27/2016
ncome from private banking – one of four divisions – dropped 3% for the quarter and a hefty 22% year-on-year to US$118 million, accounting for 3.5% of whole-of-group income.
04/27/2016
Bank’s new broom Jes Staley likely to face shareholder questions about cut to dividend amid losses on oil-related loans
04/27/2016
High market volatility, weak emerging economies and political challenges all contributed to an increase in ETF trading turnover.
04/26/2016
Assets under management up 5% to €52.7 billion (year-end 2015: €50.2 billion) thanks to €2.3 billion net inflow at Asset Management
04/26/2016
'Satisfactory' quarter hindered by investment outflows
04/26/2016
St James’s Place also announced the purchase of Technical Connection, a tech support company that has worked with the wealth manager since 1991.
04/22/2016
Other Luxury brands put in contrasting performances in the first quarter of 2016
04/21/2016
In challenging market conditions, we generated solid earnings growth as we executed on our strategic priorities.
04/21/2016
The bank loan loss provision during the quarter was $9.6 million
04/20/2016
In the first quarter of 2016 the Group bought back a total of 527,800 of its own shares at a cost of CHF 7.6 million for cancellation under the current share buy-back programme.