04/28/2015
Standard Chartered profits fall 22pc as Sands heads for exit
Asia-focused bank facing questions over UK domicile as HSBC considers moving headquarters
Executive Travel
04/28/2015
Daimler profit surges 41 percent on record Mercedes sales
German automaker Daimler said on Tuesday first-quarter operating profit surged 41 percent on the effects of new model launches and record sales of Mercedes-Benz luxury cars
04/28/2015
Valartis suffers heavy losses
Valartis Group focuses on the wealth management business for wealthy private clients and institutional investors.
04/26/2015
Deutsche Bank figures halved after record fine for Libor rigging
“Net profit would have been an absolute record if they didn’t have litigation,” said Dirk Becker, a Frankfurt-based banks analyst at Kepler Cheuvreux. “It’s an absolutely sensational quarter.”
04/23/2015
Raymond James quarterly revenue, profit up over last year
The St. Petersburg, Florida-based company reported net income of $113.5 million, or $0.77 per diluted share, for the quarter ended March 31. That was 9 percent higher than a year ago, but 10 percent lower than the prior quarter.
04/22/2015
Northern Trust Posts Solid Q1 Earnings, Profits Rise 27%
Net income was $230.7 million, compared to $181.4 million in the prior year quarter and $244.0 million in the prior quarter.
04/22/2015
Liontrust AuM up 24%
Liontrust Asset Management's assets under management increased by £881m or 24% in the year to the end of March to £4.5bn. AuM as at close of business on 20 April was £4.6bn.
04/22/2015
Cartier-owner Richemont warns of profit drop on derivative losses
Group agreed to sell its online fashion retailer Net-a-Porter to Italian rival last month
04/22/2015
BNY Mellon Reports First Quarter Earnings Of $766 Million
In the first quarter of 2014, net income applicable to common shareholders was $661 million, or $0.57 per diluted per common share.
04/22/2015
SEI Investments Q1 Profit Rises
The investment management firm posted revenue of $325.4 million in the period.
04/21/2015
Credit Suisse posts net profit of 1.054 billion Swiss francs in Q1
Credit Suisse on Tuesday reported a 23 percent rise in net profit in the first quarter from the year-ago period.
04/21/2015
GAM reports AUM of CHF 73.7 billion
Assets under management in Investment Management, as of 31 March 2015, amounted to CHF 73.7 billion, compared to CHF 76.1 billion at the end of December 2014.
04/20/2015
Towry enjoys record-breaking 2014
Towry increased its assets under management to a record £6.4 billion in 2014.
04/20/2015
Morgan Stanley Profits Surge 60% On Trading And Wealth Management Performance
Analysts had the bank to post flat results versus year-ago figures.
04/19/2015
HSBC to face investors' anger over scandals and bumper executive payouts
HSBC will this week face shareholders angered by bumper executive payouts as the lender is mired in scandal and streamlining its global operations.
04/16/2015
BlackRock’s First-Quarter Net Rises 8.7% as Assets Climb
BlackRock Inc., the world’s largest money manager, said first-quarter profit rose 8.7 percent as investors added new money to its fund
04/16/2015
Citigroup's first-quarter earnings jump
Revenues of $19.7 Billion; $19.8 Billion
04/15/2015
Jupiter Fund Management Net Inflows Boost Assets Under Management
The asset manager said that assets under management increased to GBP34.76 billion from GBP31.90 billion during the first three months of 2015.
04/14/2015
J.P. Morgan Chase Boosts 1Q Revenue From Global Wealth Management
Asset Management had $16 billion of net long-term inflows, generated strong investment performance and continued to grow loan and deposit balances.”
04/14/2015
Wells Fargo’s wealth business was the bright spot
Despite the decline, Wells Fargo still beat analysts’ estimates