06/28/2023
Innovative Ways of Attracting and Serving Clients Draw Accolades for Merrill Wealth Management and Bank of America Private Bank
Wealth Management Businesses Receive Multiple Industry Awards for Digital Innovation and Leadership.
Wealth and Asset Management
06/28/2023
Switzerland clings on as world’s top offshore wealth centre
A year ago BCG forecast that Hong Kong would overtake Switzerland as the world’s leading offshore wealth centre by the end of 2023.
06/28/2023
UBS plans to gut Credit Suisse by laying off 35,000 workers after buying the struggling bank in a fire sale
Three months after UBS agreed to buy Credit Suisse in a government-brokered rescue, the full extent of the job cuts is starting to become clear.
06/28/2023
Klaus Biermann: «Those waiting to see at Credit Suisse are living on hope»
UBS mustn't lose any time in the integration and realignment process. Every day costs money, and the risk of additional assets flowing out is growing.
06/28/2023
Sustainable thematics surge despite Swiss ESG investments struggling
Impact investing approaches also reported strong growth in 2022.
06/28/2023
Hong Kong Nipping at Swiss Wealth Management's Heels
The downturn was in strong contrast to the year before in which assets grew more than 10 percent, in one of the best markets in more than a decade.
06/27/2023
GAM Investments Rahul Mathur Highlights Strategies to Isolate Alpha in these Uncertain Times
He highlighted how central banks are facing up to the dilemma of preserving financial stability and at the same time taming inflation.
06/27/2023
CEO Captain: Citi Global Wealth's Angel Ng
Citi Global Wealth's head of Asia Angel Ng talks us through combining the bank's retail and private banking experience to provide clients with a comprehensive service.
06/27/2023
Endurance Wealth Management to Join Focus Partner Firm Crestwood Advisors, Extending Crestwood’s New England Presence
The transaction is expected to close in the third quarter of 2023, subject to customary closing conditions.
06/27/2023
Feifa partners with Affinity Private Wealth
Wealth manager wants to provide more sustainable investment solutions
06/27/2023
BMO recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank
The 2023 World Finance Banking Awards recognize how BMO's digital first strategy and industry-leading client experiences are meeting and exceeding customer's evolving expectations with best-in-class digital money management services.
06/27/2023
Calastone collaborates with Schroders to make tokenisation a reality
The collaboration follows a multi-year investment by Calastone into Distributed Ledger Technology and tokenisation
06/27/2023
Edmond de Rothschild Exiting Downtown Geneva
The bank is involved in financing the huge real estate project in the Quartier de l'Etang located west of the city center, through its Edmond de Rothschild Real Estate fund.
06/27/2023
Global Wealth Report 2023: Resetting the Course
The prospect of consistent business growth became increasingly difficult to envision on the horizon.
06/27/2023
Hongkong Nipping at Swiss Wealth Management's Heels
The downturn was in strong contrast to the year before in which assets grew more than 10 percent, in one of the best markets in more than a decade.
06/27/2023
Odey Asset Management dissolves two hedge funds
Odey Asset Management has stopped two additional funds, including its flagship hedge fund, after receiving several redemption requests from investors who had left the company, as a result of Crispin Odey's alleged sexual assaults.
06/27/2023
Northern Trust and Coalition Greenwich Study: Asset Managers Project Future Growth Amid Challenging Environment
While 84% expect to grow, 22% plan to implement changes to their operating models to achieve efficiency and cost savings.
06/27/2023
Democratisation 2.0: Private markets access isn’t enough for DFMs
Truffle Private Markets managing director and co-founder Jason Proctor outlines why wealth firms need more help to get better exposure to private markets.
06/27/2023
Swiss private bank EFG to expand in Israel with Credit Suisse team - sources
An EFG spokesperson said the bank "confirms that it is expanding its team in Israel" and that "further details will be provided in due time".
06/27/2023
Titan Wealth acquires Square Mile Investment Consulting and Research Ltd
The acquisition encompasses the c.£2.6bn in assets under management currently held within Square Mile’s MPS portfolios and will enable Titan Wealth to further expand its competitive, low-cost MPS proposition.