03/23/2023
Leonteq updates ahead of its Annual General Meeting
The proposal requires a two thirds majority of the shareholder votes present or represented at the general meeting and it is therefore unlikely that this resolution will be approved.
Wealth and Asset Management
03/23/2023
‘No read across here’: UK bank investors downplay doubts as sector bounces
UK banks have seen their share prices recover from a slump in the wake of the UBS takeover of Credit Suisse, but the longer-term outlook for the sector remains in question.
03/23/2023
Financial statements of Credit Suisse Real Estate Fund International as of December 31, 2022
In the current 2023 financial year, the goal is to convert the fund into a NAV-based product.
03/23/2023
Julius Baer Announces Six Winners from Asia for the Next Generation Art Prize 2023
The Winners each win USD10,000 and a place in an exclusive three-month Art and Technology Accelerator programme led by non-profit organisation The MeshMinds Foundation.
03/23/2023
Julius Baer CEO Says Balance Sheet Is Rock Solid, Highly Liquid
A representative for Julius Baer didn’t immediately respond to a request for comment after regular business hours in Zurich.
03/23/2023
Quintet announces positive 2022 financial results
Total group income rose to €524 million in 2022, up 14% compared to €460.8 million in 2021.
03/23/2023
Credit Suisse liquidity loans ‘not a gift’, says SNB
The central bank's chair said measures it took alongside the federal government and Finma had halted a crisis.
03/23/2023
J.P. Morgan Wealth PlanTM Named ‘Best Personal Finance Product’
Wealth Plan recognized by FinTech Breakthrough Awards for helping people make smarter money decisions
03/22/2023
Why Blackrock didn't get a chance at CS
The American asset manager brought himself into play in the poker game involving the struggling Credit Suisse.
03/22/2023
US hedge fund quietly builds GAM exposure
Connecticut-based group becomes third largest holder of Swiss group’s outstanding shares.
03/22/2023
Wren Sterling Completes Acquisitions in Scotland and West Midlands and gains 860 Clients
The two transactions add to the three deals already completed since the start of 2022.
03/22/2023
IHT receipts show fresh year-on-year rise
There were no significant changes to the IHT charging regime in last week’s Budget, but the overall silence in this area shouldn’t be taken that the IHT pain on families is being eased.
03/22/2023
Ex-Abrdn advice boss launches firm under Sandringham umbrella
Neil Messenger will lead Professional Independent Wealth Advice as chief executive, after spending two years as advice director at Abrdn Financial Planning.
03/22/2023
UBS is opposed to the CS deal with Michael Klein
CS had actually planned to outsource the capital markets and consulting business under the name CS First Boston and later possibly bring it to the stock exchange.
03/22/2023
Swiss Awards 2023: manager winners revealed
Take a look at the managers who won the Citywire Switzerland Awards 2023.
03/22/2023
Deutsche banking on the Capital
Individual opinions differed, but it was apparent the tide of opinion in the City was to stay a part of the bloc.
03/21/2023
“We've seen a coordinated global response”
Coutts’ investment experts gave their views on current market volatility at an exclusive client event.
03/21/2023
Banking sector: A drop in confidence but not a systemic shock
Volatility within the banking sector is due to very specific issues with the banks affected.
03/21/2023
Private Banks Vie for Post-Merger CS Assets in Asia
As UBS absorbs the newly acquired Credit Suisse, one of the key matters that will be closely monitored is the movement of client asset flows, especially in the core wealth management business.
03/21/2023
Here We Go Again
The consequences of the Fed’s crazily loose monetary conditions, even in the face of building inflation pressures, are coming home to roost.