03/17/2023
Resistance to a forced marriage by UBS and CS
It remains to be seen what additional steps will be taken beyond the liquidity support provided by the Swiss National Bank (SNB).
Wealth and Asset Management
03/17/2023
Private bank Maerki Baumann partners with Zurich-based venture capital specialist
The two firms have also established a ‘tech advisory board’ to assist clients using blockchain technology and cryptocurrencies.
03/17/2023
JPMorgan says UBS should be Credit Suisse's savior
The analysts suggested that UBS could buy Credit Suisse and close down its investment banking division, put up its retail bank in an initial public offering, and keep its wealth management and asset management divisions.
03/17/2023
'Investments and wealth management isn’t just about making money'
A few family members work in business but not finance directly,” Vayani said.
03/17/2023
SNB Liquidity Injection Prompts Credit Suisse Stock Jump
The stock price of Credit Suisse kicked off Thursday morning trading on the Swiss stock exchange with significant price gains.
03/17/2023
Reinforcing Confidence in First Republic Bank
$30 Billion in Uninsured Deposits Committed from America’s Largest Bank
03/16/2023
Credit Suisse Group takes decisive action to pre-emptively strengthen liquidity and announces public tender offers for debt securities
Credit Suisse also announces offers by Credit Suisse International to repurchase certain OpCo senior debt securities for cash of up to approximately CHF 3 billion.
03/16/2023
Three European Banks to Hedge Against Silicon Valley Bank Fallout
These banks are well-capitalized and may be less prone to credit contagion.
03/16/2023
Silicon valley bank collapse shouldn't cause systemic shock
The banking sector was shaken by the fall of the start-up focused bank, but we don’t see it developing into a crisis.
03/16/2023
The Venture Capital Industry Loses its Deposit
The implosion of SVB – a storied US financial institution – has more to do with how it was run than it’s about the broader financial services industry.
03/16/2023
Gene Todd Recognized by Wealth Solutions Report as Among the ‘Top Black Industry Leaders of 2023’
Fiduciary Trust International’s Head of Regional Markets Honored with Pathfinder Award for Black Business Development Executive of the Year
03/16/2023
Cooperation between Redalpine and Maerki Baumann
The two companies have also established a “Tech Advisory Board”, which provides corporate clients that rely on blockchain technology and crypto applications with a platform for the exchange of information and practical experiences.
03/16/2023
Hunt brings relief to pension tax traps in 'tinkering Budget' - Evelyn Partners' Head of Tax
The abolition of the pensions Lifetime Allowance was something of a shock, given that leaks had suggested it was being raised to £1.8million.
03/16/2023
IQ-EQ enters strategic alliance with Alpha Group
These services will be provided directly by Alpha to IQ-EQ clients, following an introduction made by IQ-EQ.
03/16/2023
Investec shares rally on £100m profit boost forecast
Investec shares are 4% higher after it said in a pre-closing trading update that full-year profit could be at least around £100m higher.
03/16/2023
Kingswood shares drop 7% after US arm squeeze
Shares in the wealth firm dipped more than 7% on Wednesday as its US business was impacted by a delay to a large deal.
03/16/2023
‘Sale to UBS is on the table’: Swiss WMs on Credit Suisse
Wealth management firms share their perspectives on the Swiss National Bank offering support to the investment banking giant.
03/16/2023
J.P. Morgan Asset Management Launches JPMorgan Active China ETF
The newest active ETF offering focuses on China equitiesJ.P. Morgan Asset Management Launches JPMorgan Active China ETF (JCHI)
03/15/2023
ZEDRA completes rebranding of AlleyBe Group
These include private wealth solutions, accounting and financial reporting services, tax compliance, asset protection and estate planning, fintech services as well as advisory services for marine and aviation structures.
03/15/2023
HSBC Mines MENA Wealth Opportunity in Singapore
To cater to this demand, HSBC Global Private Banking formed a coverage team in the city-state in 2022 to work with existing colleagues in the Middle East where it has a significant existing presence.