Managers of Wealth

SS&C GlobeOp Forward Redemption Indicator at 3.27 per cent for February

This February also marked the fifth consecutive month of year-over-year improvements in the Indicator, occurring against a backdrop of severe market conditions.

HSBC Has Quarterly Loss on Lending Income, Bad-Loan Charges

The result, depressed in part by the rising cost of bad loans to oil and gas companies, marks a setback to Chief Executive Officer Stuart Gulliver’s efforts to bolster profitability and reverse a share slump.

EFG International posts 2015 net profit of 57.1 mln Sfr

The UK achieved steady annual growth within range.

Canaccord Genuity posts 9M loss

Restructuring program and headcount reductions expected to deliver significant cost savings

Société Générale profit rises 20% on sale of Amundi stake

French bank lifts dividend and continues to stockpile capital

Vontobel confident for 2016 after net profit, dividend beat

Vontobel successfully navigated the market turmoil in the first weeks of the year and is positioned for success.

Heartwood assets rise 53% post-Handelsbanken deal

The UK wealth management arm of Handelsbanken saw assets under management grow from £1.5 billion in May 2013 when the company was acquired, to £2.3 billion at the end of 2014.

Credit Suisse reports first annual loss since 2008

Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying business performance: goodwill impairment of CHF 3.8 billion, restru

Credit Suisse Shares Plunge on Huge Loss

The bank had previously flagged the likelihood of a large quarterly loss.

Jupiter European Opportunities Exceeds Benchmark In First Half

Meanwhile the market price of the trust's shares rose by 6.2% over the same period.

RBC Global Asset Management Inc. announces January sales results for RBC Funds and PH&N Funds

Sales results information is based on preliminary data from the Investment Funds Institute of Canada.

UBS U.S. wealth management: more advisers, less earnings

Headcount is up, but unit's earnings are down as a result of strong increase in litigation costs

UBP increases its AuM by 11.5%

Union Bancaire Privee increases its assets under management by 11.5%, while limiting the impact of the strong Swiss franc on its operating results

Acquistions boost Mattioli Woods revenues by 20%

The company made a number of acquisitions in the six month period, including two advice businesses.

Sales Up at Mattioli Woods Despite "Volatile" Market

As a result of its performance, the board of Mattioli Woods has recommended a 15.3 per cent increase in its interim dividend to 3.85 pence per share.

UBS Profit Pressured by Wealth Management Weakness

UBS said adjusted pretax profit at its flagship wealth-management business fell by 193 million francs to 505 million francs in the quarter, with net outflows of 3.4 billion francs over the period. The lender cited "very low levels of client activity.

UBS wealth management businesses hit by market turmoil

The results were particularly weak in wealth management, the mainstay of UBS since its 2012 restructuring.

Credit Suisse results: Swiss banking expected to post a loss as it gets ready for billions of pounds in goodwill write-down

Credit Suisse’s new boss, Tidjane Thiam, has promised to overhaul the bank and double profits by 2018

Julius Baer AUM hits record, boosts divi payout ratio

Assets under management rose by 3% to a record CHF 300 billion

Deutsche Bank post loss in investment banking

The group reported a pre-tax loss of 1.15 billion euros for its investment banking business in the fourth quarter.

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