Managers of Wealth

Wealthy investors reducing UK exposure post Brexit

Most high net worth individuals are looking to reduce their exposure to UK-based assets in the wake of the country’s vote to leave the European Union, according to deVere Group.

Tilney Bestinvest completes Towry acquisition

It was previously revealed that following the completion of the transaction, Towry chief executive Rob Devey would leave the business.

Compliance pay boom: how wealth managers are coping

The boom in compliance remuneration took hold after the financial crisis and now looks likely to accelerate following the Brexit vote.

Credit Suisse Sets Its Sights On The Super-Rich

The new group will go after business owners with a lot of money and entrepreneurs in the oil and gas, biotechnology and telecommunications industries.

Barclays profits fall 21% amid restructuring

High street bank sees PPI bill rise and non-core division makes a loss of £1.9bn

Wealth managers missing out on social media

Indeed, many of the larger players that use social media do so under their general brands rather than via the wealth management division, which can limit the impact and reach of their social media activities in targeting wealth management clients,

UBS Scraps Near-Term Targets as Second-Quarter Profit Declines

Some of Europe’s largest banks have been hurt by volatile markets and record-low interest rates, with Deutsche Bank AG, Barclays Plc and Credit Suisse Group AG all reporting a drop in second-quarter earnings this week.

Bellevue reports H1 group net profit of CHF 2.8 mln

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Signature Bank Launches Signature Chicago Wealth Management

Signature Chicago Wealth Management leverages the unique customer service that Signature Bank is known for

How rich is rich enough to get the attention of big US brokerages?

Industry sources say that figure was closer to $250,000 before the financial crisis.

Banks must boost efficiency by sharing more costs, says UBS

Swiss lender comfortably beats earnings expectations for second quarter

St James’s Place boss hits back at charging criticism

He pointed specifically to the “charging differential” between an SJP pension and an open-market pension.

The oldest bank on earth just agreed a rescue deal backed by JP Morgan, Goldman Sachs and Deutsche Bank

The rescue offer is being led by JP Morgan and Italian lender Mediobanca

Funds under Management top £65BN at St James's place

Underlying profit before shareholder tax also grew to £73.8m from £72.9m the year before.

OCBC Profit Slips but Wealth Grows

What influence has the acquisition of Barclays Wealth Asian units had?

Credit Suisse Profit Surprises but Fails to Sway Investors

Swiss bank’s results follow two successive quarterly losses

Big Swiss Banks Feel Pain of Negative Rates

UBS, Credit Suisse, expected to post downbeat quarterly earnings later this week amid turbulent markets and a new kind of squeeze

EFG International posts 54 pct drop in H1 net profit

EFG has issued new shares to help fund the deal which it hopes it will make it one of Switzerland's five biggest wealth managers.

SJP hikes dividend by 15% despite £17m FSCS hit

Given the continued strong business performance, the Board has declared a 15% increase in the interim dividend to 12.33 pence per share.

Brewin Dolphin Third Quarter Positive Despite "Challenging" Markets

Our core discretionary business has continued to deliver organic funds flow and income growth, demonstrating its resilience in the face of uncertain market conditions.

Wealth and Asset Management