12/22/2023
Sergio Ermotti: «UBS is Like the Iron Giant from Space»
And the combination will be worth more than the sum of its parts, the boss of the largest Swiss bank is certain of this.
Wealth and Asset Management
12/22/2023
UBS Sets New Standards in Zurich with the Mandarin Oriental
So the city of Zurich now has a new touch of world-class luxury, as was evident during the official opening on Wednesday evening.
12/22/2023
Lombard Odier’s NextGen initiative wins key award
The accolade honours the Bank’s ‘LO Generations’ initiative, a market-leading multigenerational approach to serving the next generation (NextGen) of our clients.
12/22/2023
Swiss banks want to quickly close the open flank to the USA
As part of a US program to resolve the tax dispute, 80 other Swiss banks then transferred settlement payments overseas.
12/22/2023
Outgoing Morgan Stanley CEO James Gorman sums up JPMorgan's Jamie Dimon as 'the best bank executive in the world'
His remarks marked a relatively rare instance of one master of the universe on Wall Street acknowledging the accomplishments of another.
12/22/2023
Melville Douglas’ Head of Portfolio Management recognised at Wealthbriefing awards
The annual WealthBriefing Channel Islands Awards program recognizes the most innovative and exceptional firms, teams and individuals.
12/22/2023
GAM Holding AG has been informed about the regulatory approval of the tender offer
GAM would like to thank all shareholders for their continued support and looks forward to creating long-term value and success for all our clients, shareholders and employees in 2024 and beyond.
12/22/2023
Deutsche Bank: Mountain of complaints causes huge trouble
Meanwhile , CEO Christian Sewing is trying to correct deficiencies in dealing with German private customers, which had already brought the financial regulator Bafin into action.
12/22/2023
Japan banks scramble to beef up asset management business amid government reform push
The business could potentially become a major profit centre for the banks if an end to decades-long deflation drives households to shift their money out of bank deposits into stocks, bonds and other assets to hedge against inflation.
12/21/2023
Credit Suisse: Final Reckoning for Excessive Bonuses
The Swiss Financial Market Supervisory Authority made it clear on Thursday for once and for all in its detailed report on the Credit Suisse crisis that the major bank’s downfall was primarily due to governance issues.
12/21/2023
Windermere Group celebrating 20 years of success at the cutting-edge of global wealth management
John has served as a board member of the Bahamas Financial Services Board and on the boards of numerous companies
12/21/2023
Majority consider wealth inequality to be too high in Switzerland
In terms of income inequality, Switzerland is internationally in the middle range, and this inequality hasn't increased significantly.
12/21/2023
EFG Bank’s North Asia CEO on Key Issues and Challenges Around Digital Transformation
Armed with this viewpoint and optimism, he remains committed to delivering better outcomes for EFG Bank and its clients.
12/21/2023
Zurich structured product specialist opens Ticino office
The expansion will be headed by Laura Paganetti, who spent over 27 years at UBS.
12/21/2023
Julius Baer Group Ltd.'s issuer rating affirmed at Baa1; outlook changed to negative
Moreover, the ratings could be downgraded if the group faced additional issues related to governance, controls, or compliance
12/21/2023
J Safra Sarasin opens small-cap outperformer’s fund to wider audience
J Safra Sarasin unveils Ucits version of strategy designed to capitalise on Switzerland’s small- and mid-cap equities.
12/21/2023
Natixis, H2O Face €717 Million Suit from Angry Investors
Reports about the illiquid investments triggered an investor flight at the time, prompting French regulators to order H2O to freeze some of its hard-to-sell funds.
12/21/2023
Private Markets 2024 Outlook: Adapting to Rising Rates
Thorough manager and deal selection, grounded in realistic assumptions, are crucial in this transformed market.
12/21/2023
JTC Recognised as a Leading Brand in Wealth Management Reputation Awards
The firm took home the award in the ‘Brand of the Year’ category at the 2023 Awards, which were held in London on 20th June.
12/20/2023
IN BRIEF: Arbuthnot extends tier two Proventus loan to GBP26 million
The loan is expected to be drawn June 3, 2024 and to mature June 3, 2034.