08/01/2017
Tavistock Investments at an inflection point as it generates operating profits and cash
Strong organic growth complemented Tavistock’s buy and build strategy which saw it acquire Abacus Associates and PB Financial Planning.
Wealth and Asset Management
08/01/2017
Acquisitive wealth manager takes over two West Midlands firms
The other vendors will retire and their clients will be serviced by existing AFH advisers.
08/01/2017
Wealth Manager Opens in Tokyo
The company has been granted a license to provide alternative investments and asset management services to accredited investors, with operations expected to commence from a Tokyo location during November 2017.
08/01/2017
Ex-Towry five launch wealth boutique
The idea is to have a strong alignment of interest with our clients.
08/01/2017
Wealth management industry reviews compensation (again)
UBS Americas head says cost of hiring too expensive; fees and salaries based around AuM rather than product.
07/31/2017
Crestone is the ‘realisation of a dream’, says CEO Mike Chisholm
Most people don't ever get the opportunity to create something new.
07/31/2017
Swiss Banking's Elusive Golden M&A Deal
What about the few private banks willing to sell?
07/31/2017
HSBC posts 5% rise in half-year profit
The firm also announced a 2 billion US dollar (£1.5 billion) share buy-back as outgoing chairman Douglas Flint pointed to a multitude of factors behind the positive results.
07/31/2017
Swiss banks defy Brexit to recruit in London
UBS has already increased by 10% its staff in this sector in London.
07/31/2017
Schroders completes acquisition of Adveq
Headquartered in Switzerland, Schroder Adveq employs over 100 people around the world.
07/28/2017
Barclays posts £1.4bn loss as Africa sale and PPI weigh
The second quarter saw us complete two critically important planks of our strategy; both of them ahead of schedule
07/28/2017
Notenstein's Russian Vontobel Deal
We're in talks with Vontobel about the sale of the Eastern Europe portfolio.
07/28/2017
Rothschild Poaches for Swiss M&A
Rothschild tops a league table compiled by Dealogic on number of deals advised in Europe in the first two quarters, and is in the top-five of volume of deals.
07/28/2017
UBS second quarter profits boosted by wealth management business
This very strong performance benefited from growth in all revenue lines as well as good cost discipline.
07/28/2017
Bangladesh black money in Swiss banks--a reality check
Switzerland is not the only place where the fugitive money takes wings from our capital-starved country.
07/28/2017
Citigroup to move part of private banking to Madrid due to Brexit
Madrid has been seeking to lure global banks after Brexit.
07/28/2017
Credit Suisse Draws on Private Bank, Swiss Unit for Profits
Net profit: $312.6 million vs. expected $311.3 million, according to Thomson Reuters.
07/28/2017
UBS Asset Hiring in China Amid Race for Private Funds Share
The stakes are high as foreign funds race to gain a foothold in China’s burgeoning fund management industry.
07/28/2017
Zurich wealth manager names new CIO
Commenting on the new appointment, Maurizio Genoni, CEO at the firm, said Müller will be able to contribute his hedge fund know-how in his new role.
07/28/2017
Coutts supporting US expatriates to break through investment barriers
The Coutts US Investment Management Service provides two portfolios – balanced and growth