04/28/2023
Private Markets: Time for a vol-iday
The ensuing recalibration of expectations dragged markets through another bout of anxiety, only for investors to be assaulted, yet again, by a veritable banking crisis.
Wealth and Asset Management
04/28/2023
LGT has even bigger plans in Germany
The head of LGT customer business, Andreas Loretz, had previously discussed expansion in Germany.
04/28/2023
NatWest Private Banking delivers a profit of £133m in Q1 2023
NatWest Group’s strong performance in Q1 2023 is underpinned by our robust balance sheet
04/28/2023
Deutsche Bank Agrees to Combine UK and Ireland Corporate Finance Business with Numis
Accelerates Deutsche Bank’s Global Hausbank Strategy. Establishes Leading Force in UK Investment Banking
04/28/2023
Coutts profit jumps 62% on higher rate income
The NatWest subsidiary posted operating profit of £133m for the first three months of the year, driven by a 37% year on year increase in total income to £80m.
04/28/2023
Lombard Odier wins two Bilanz magazine awards
This year, Lombard Odier was awarded the "long-time quality leader" prize
04/28/2023
Investec W&I CEO rejects insider centralisation push claims
Sources told Citywire that several key exits were linked to concerns that Investec W&I was moving towards a more prescriptive, centralised model, which the firm’s new CEO has denied.
04/28/2023
abrdn merges three multi-manager funds with MyFolio range
Part of consolidation programme
04/28/2023
CI Financial to sell minority stake in US wealth management firm
The stake was acquired before CI Private Wealth was established and is not congruent with its partnership model
04/28/2023
Wealth manager M&A soars to £137bn in 2022
The wealth management and Financial Planning sectors have seen a wave of mergers and acquisitions over the past fews with some weeks seeing several takeovers announced.
04/27/2023
Bank CIC reports positive result thanks to solid foundations, despite eventful year
Total operating income was CHF 190.6 million, an increase of 8.8% on the previous year.
04/27/2023
Deutsche Bank to sharpen Management Board’s focus on accelerating strategy execution
Against the backdrop of a challenging environment, costs and controls will continue to be areas of significant focus.
04/27/2023
How B Corps are building a community culture to help all businesses
Coutts CEO, Peter Flavel, reflects on recent discussions with fellow B Corp CEOs and how an inclusive culture can help build greater change in businesses and markets.
04/27/2023
Morningstar Wealth Introduces Portfolio Analytics Enrichment from ByAllAccounts
New enhancement wraps key portfolio information into one flexible solution for advisors
04/27/2023
UOB’s net profit surges on wealth management rebound
Fee income registered double-digit 14% growth, led by wealth management, says the bank.
04/27/2023
St James’s Place partner firm makes second deal of 2023
Acquisition takes its assets under management to more than £650m
04/27/2023
Interim results of the Swiss National Bank as at 31 March 2023
The SNB’s financial result depends largely on developments in the gold, foreign exchange and capital markets.
04/27/2023
Where Are Credit Suisse Clients Moving Their Assets?
There are some nascent signs the environment is becoming more favorable.
04/27/2023
Investor group NewGAMe and Bruellan discloses 7.5 per cent stake in GAM Holding AG
The Group holds or has the right to exercise voting rights attached to a combined amount of c.12 million shares in GAM, representing approximately 7.5 per cent of the issued share capital.
04/27/2023
CIMB Private Banking named best domestic private bank by Asiamoney
CIMB Private Banking is strategically positioned to continue to service this segment covering both their individual and corporate investment needs