05/02/2025
Apollo Closes on $8.5 Billion for Accord+ Strategy, including $4.8 Billion for Second Vintage Fund
Brings Total Assets Raised Across Hybrid and Opportunistic Credit Business to $40 Billion
Wealth and Asset Management
05/02/2025
Heavy Loss For Swiss Private Bank Reyl in 2024
This positive development was driven mainly by market performance, as the bank recorded net outflows of 823 million francs.
05/02/2025
Standard Chartered PLC –first quarter results
The subsequent imposition of trade tariffs has increased global economic and geopolitical complexity, and we remain watchful of the external environment.
05/02/2025
Hypo Vorarlberg in St.Gallen again achieves double-digit growth
Operating profit of CHF 6.8 million is significantly higher than the previous year and represents the best operating result in the history of Hypo St.Gallen.
05/02/2025
NatWest private bank profit jumps 133% in Q1
The profit spike coincides with the launch of a new online investment advice service for the private bank's clients.
05/02/2025
Banque Cramer & Cie : Sharp increase in results for 2023
This increase was due in particular to net new inflows from clients totalling CHF 398 million.
05/02/2025
Fidelius takes stake in IFA Vobis
Vobis has over £140m in assets under management
05/02/2025
Warren Buffett’s 10 Wealth-Building Principles
By studying his methods, everyday investors can apply these principles to their financial journeys.
05/02/2025
General Meeting of SGKB: All proposals of the Board of Directors approved
All proposals of the Board of Directors were approved.
05/02/2025
Franklin Templeton and Lexington launch $875m PE secondaries fund
The Luxembourg-based fund is launching a strategic move to expand private equity secondaries for international wealth investors, leveraging global demand.
05/02/2025
Basel boss signals 'Swiss finish' to capital rules is not unfair on UBS
UBS has estimated it could need $40 billion in additional capital compared to where it stood before the emergency takeover of its former rival.
05/01/2025
B. Riley Discloses Finra Exam of Wealth Management Business
Depending on what’s uncovered, these exams sometimes lead to sanctions or fines, but the existence of a probe doesn’t necessarily mean there’s been any wrongdoing.
05/01/2025
Wealth team launches KRM Investment Counsel
A high-net-worth advisory group leaves Wintrust to embrace independence.
05/01/2025
Ex-Credit Suisse duo launch AI insurance app
Roman Loosli and Lucas Widmar have launched an app that uses AI to cut insurance adviser costs.
05/01/2025
Hoxton Wealth sets out financial planning strategies for global expats in Qatar
When surveyed at the event, 57% of attendees said that their financial priority for being in Qatar was to accumulate wealth
05/01/2025
Wealth manager Stanhope Capital expands into Middle East
Stanhope partners with Gulf International Bank to offer wealth advisory across region
05/01/2025
Schroders assets under management hit by China outflows
The net outflow is entirely due to GBP8.5 billion in net outflows from joint ventures and associates, which Schroders says reflects money market outflows in China.
05/01/2025
UBS Americas Advisor Base Drops Amid U.S. Wealth Restructuring
UBS reports an advisor headcount slip of 1.4% since the end of last year, but says it expected attrition and signals a “robust” recruiting pipeline.
05/01/2025
BNP Paribas signs a new multi-year partnership agreement with IBM Cloud
This partnership has helped the bank to build a trusted and resilient technological infrastructure to support its digital transformation.
05/01/2025
Santander increases profit by 19% to €3,402 million and earnings per share by 26% in Q1, reaffirms 2025 targets
In addition, the bank added nine million new customers with the total number of customers the group serves reaching 175 million customers.