03/06/2023
Wealth managers urged to tap into growing market of women seeking financial advice
Wealth managers are being urged to act now in order to tap into the growing market of women seeking financial advice.
Wealth and Asset Management
03/06/2023
Kingswood confirms potential sale of UK business
Consolidator made statement in response to press speculation
03/06/2023
Full-year results 2022: profitable growth, higher profit and higher dividend: Helvetia Group
Helvetia successfully continued on its organic growth path in its profitable core business during the 2022 financial year.
03/06/2023
UBS CEO Gets Bonus Boost
The CEO’s total compensation climbed to over 12.64 francs, consisting of 2.99 million francs in fixed salary and bonus components of 8.5 million francs.
03/06/2023
David Esfandi: You never stop learning
CGWM CEO discusses inflation, the positive impact of Consumer Duty and making wealth management more attractive
03/06/2023
Schroders CEO is pessimistic about inflation, and intrigued by Israel
Over the past few days, the local foreign exchange market has been in an uproar, with investors wondering whether the Bank of Israel will begin intervening and sell off dollars from its huge reserves.
03/06/2023
MWA Financial lands £15mn funding deal
The initial funding commitment is £8.5mn, with longer-term commitment of £15mn, and beyond, as the business grows.
03/06/2023
Former top Credit Suisse shareholder Harris Associates sells out of bank
CIO David Herro questions ‘future of franchise’ after years of scandal and client exodus as shares hit new low
03/03/2023
Stonehage Fleming Completes Acquisition Of Rootstock Investment Management
The transaction was previously announced on 21 October 2022.
03/03/2023
Schroders plc - Full-year results 2022
Net new business (NNB) was resilient at £(1.6) billion (excluding joint ventures and associates) given the volatile fourth quarter. 2023 has started positively, particularly in Schroders Solutions.
03/03/2023
UBS advisor team The Stephens Group named to the Forbes Best-In-State Wealth Management Teams list
Since joining UBS in 1999, they have consistently earned industry recognition for their extensive wealth management experience and deep commitment to providing high-net-worth clients with customized, comprehensive financial solutions.
03/03/2023
Blackstone and Sixth Street Complete Sale of Kensington Mortgages to Barclays Bank UK PLC
Blackstone and Sixth Street jointly owned the business since 2015 during which time Kensington improved its processes and expanded its product offerings while achieving an extended period of accelerated growth.
03/03/2023
Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families
Farro says it amassed over $1 billion in assets since October
03/03/2023
JPMAM Singapore CEO warns on ever-expanding risk list
Risk management has surged to the forefront of concerns for asset managers as new risks keep being added to the list, complicated by an evolving ESG landscape, says JP Morgan Asset Management's Sherene Ban.
03/03/2023
Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources
Credit Suisse is also offering a rate as high as 7 percent for one-year deposits, the sources told Reuters.
03/03/2023
Liechtenstein bank Kaiser Partner joins SIX Digital Exchange for digital securities
Kaiser joins four Swiss banks, UBS, Credit Suisse, Zürcher Kantonalbank and Berner Kantonalbank, that are already CSD members.
03/03/2023
Credit Suisse's Quick Fixes Won't Do the Job
The new all-time low for Credit Suisse shares stands at 2,497 Swiss francs.
03/03/2023
Julius Baer to accelerate hiring in Asia as China reopens
The plan to hire additional workforce in Asia is based on the belief that business will take a momentum after the Covid-19 pandemic stalled activities for a few years.
03/02/2023
Edmond de Rothschild has advised the founders of Redslim in the opening of share capital to Andera Acto
The founding shareholders welcome Andera Acto to its capital, which will accompany the Group in the next stages of its development.
03/02/2023
Lazard Asset Management Acquires Truvvo Partners, Creating Lazard Family Office Partners
As a result of Truvvo joining LAM, the firm’s global wealth management AUM, including assets managed across the firm’s European wealth management business, will total approximately $22 billion.