11/04/2024
Transforming a private bank for customer centricity and innovation
EY teams helped a leading private bank shape and execute a business transformation for profitable growth and enhanced customer experience.
Wealth and Asset Management
11/04/2024
Infrastructure: The new, sought-after safe haven?
This unique environment presents a compelling opportunity for stability and growth in today’s evolving market, particularly amid the ongoing energy and digital transitions.
11/01/2024
Goldman Sachs: Gold to hit $3000 by 2025 year end
Central bank buying and falling interest rates will drive gold prices higher, according to Goldman Sachs.
11/01/2024
Nomura Reports SecondQuarter Financial Results
Best Wealth Management performance in nine years, underpinned by 30% growth in recurring revenue YoY amid progress in asset management business initiatives
11/01/2024
Colombo Wealth celebrated with many celebrities
In mid-October, the Finma-regulated Swiss asset manager Colombo Wealth celebrated its 50th anniversary in Lugano with over 100 invited guests.
11/01/2024
Eric Finnell joins GAM in Sydney to lead and strengthen distribution across Australia and New Zealand
Eric brings over 18 years of experience in financial services, having previously overseen institutional marketing and client servicing at Bennelong and Fisher.
11/01/2024
7IM acquires ASHL’s Rockhold Asset Management to expand its investment proposition
The latest acquisition will take its assets under management to c£27 billion.
11/01/2024
UBS Asset Management launches its first tokenized investment fund
UBS Asset Management’s global distributed ledger technology strategy is focused on leveraging public and private blockchains networks
11/01/2024
Standard Chartered has completed first HKD-denominated blockchain test settlement with Ant International’s Whale platform
This is the first time Standard Chartered has conducted HKD blockchain transactions with Ant International
11/01/2024
Canaccord reports 56% jump in wealthy individuals looking for financial planning outside UK mainland
Canaccord reports a 56% increase in people specifically searching for its services in Guernsey, the Isle of Man, and Jersey.
11/01/2024
B. Riley to sell part of wealth management business to Stifel
The bank has been navigating heightened turmoil since August, when it warned that its exposure to Franchise could result in a writedown and losses for the second quarter ended June 30.
11/01/2024
Forex settlement ceiling raised as Taiwan aims to be wealth management hub
The bank said individuals wanting to exchange more than the maximum can apply to the central bank, meaning that despite the ceiling, funds can flow freely to and from Taiwan.
11/01/2024
Sequoia Financial Group buys Charleston-based Family Asset Management
Family Asset Management, located in Charleston, is acquired by Sequoia Financial Group.
10/31/2024
Schroders appointed by Cirencester Friendly to run £75 million portfolio
This appointment has reinforced Schroders’ credentials as an insurance asset management leader in the financial mutuals sector.
10/31/2024
QNB bags Global Finance magazine's Best Private Bank in the Middle East and Qatar 2025 awards
This accolade highlights QNB’s unmatched expertise in delivering superior wealth management solutions and personalised services to its elite clientele, in Qatar and the region.
10/31/2024
Biggest Challenge Still Awaits Ermotti & Co
Net profit climbed to $1.4 billion in the third quarter, and client momentum remains strong, as reflected in Global Wealth Management's net new asset inflows of $25 billion.
10/31/2024
Gold gains push SNB to further profits
Switzerland’s central bank has now recorded a CHF 62.5bn profit for the first nine months of the year.
10/31/2024
Santander Private Banking launches a new chess-based campaign alongside Carlos Sainz
Under the motto “Every move counts”, SPB wants to emphasize the importance of effective time and risk management in every decision, a key skill in both Formula 1 and wealth management.
10/31/2024
Allfunds Launches New Fund Registration and Regulatory Reporting Services for Asset Managers
These services are tailored to meet the evolving needs of asset managers, offering comprehensive solutions for expanding market access and ensuring regulatory compliance.
10/31/2024
BNP Paribas Group: Results as of 30 September 2024
The meeting was chaired by Jean Lemierre, and the Board examined the Group’s results for the third quarter 2024.