08/12/2024
Wealth managers keep their cool amid summer stock storm
Last week’s market volatility did not deter wealth managers from their course, with most prepared to wait or take advantage of share price drops.
Wealth and Asset Management
08/12/2024
UBS: Week full of action for Ermotti and Kelleher
The positive surprise triggered a price explosion for UBS shares.
08/12/2024
WH Ireland withdraws wealth management arm sale as overall revenue falls 19%
During the year a number of potential buyers approached WH Ireland over the purchase of its WM division
08/09/2024
Private Banks Divided on Post-Selloff Call
At the beginning of August, markets momentarily slid into a free fall before a slight rebound.
08/09/2024
UBS's prestigious building: confidentiality obligation for prospective tenants
But the major bank is keeping its cards close to its chest.
08/09/2024
Record 31 J.P. Morgan Wealth Management Advisors Selected for Forbes’ Top Next-Gen List
Half of them repeat on this Forbes top ranking; three make it into the top 100
08/09/2024
Wealth Management Awards 2024 presenta Skandia
Manuel Felipe Garcia: "Investors always seek education, they seek guidance and we start from that"
08/09/2024
Banks can attract the next generation with integrated wealth management and trust services
Some 7 in 10 younger customers prefer combining banking, trust and wealth management relationships.
08/09/2024
Congratulations to Our 2024 Forbes Top Next-Gen Wealth Advisors
The magazine ranks the nation’s rising advisors based on several factors, including industry experience, best practices, and assets under management.
08/09/2024
Canaccord’s Expansion Costs Offset Record Wealth-Segment Revenue
Companywide revenue of C$429 million ($312 million) was also below their expectations.
08/09/2024
Families advised to get governance right ahead of $83tn wealth transfer
Structures are needed to ensure that fortunes pass amicably to the next generation — and are not squandered
08/09/2024
What is the perception of banks in Switzerland? Exploring Swiss public opinion
It aims to take a pulse check on how the Swiss population perceive the country’s banking institutions and their economic role.
08/09/2024
RBC WM: US Recession Risk Rises
The bank advises investors to exercise caution
08/09/2024
The 7 best private members’ clubs in New York
From indulgent party hotspots to peaceful urban retreats, these are Spear’s favourite private clubs for New York’s rich and famous
08/09/2024
Private banks split on buying the equity dip call
Many private banks are telling clients to hold fire on US equities, expecting better entry points in the coming weeks, but UBS sees opportunities in tech and buying back into Japan is a popular trade.
08/09/2024
Private markets pros admit to last-minute regulatory planning: research
The CSC study, which focussed on the role of special purpose vehicles (SPVs) in optimising private market investments, highlighted challenges in responding to regulatory changes.
08/09/2024
Brookfield Re net income drops in second quarter
The company also said it recognised distributable operating earnings of $298 million compared to $160 million in the second quarter of 2023.
08/09/2024
Wealthy investors find opportunities in stock market sell-offs
A Deloitte survey found that family office holdings of equities fell from 34% to 25% from 2021 to 2023, while their private equity jumped from 22% in 2021 to 30% in 2023.
08/08/2024
Wealth management firm takes on ‘highly experienced’ head of marketing
Dorset based Baggette + Co has appointed Lee Taylor as its new head of marketing.
08/08/2024
Brookfield Asset Profit Misses, Assets Hit About $1 Trillion
Brookfield is among the publicly traded alternative asset managers that have sought to reach the trillion-dollar mark, in part by expanding into new strategies.