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.
Wealth and Asset Management
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
07/28/2017
Basellandschaftliche Kantonalbank launches digital wealth manager
The new product sits within the cantonal bank’s e-banking system and allows customers to implement online asset allocation via ETFs.