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Wealth and Asset Management

07/20/2023

Leonteq's First Half Net Profit Hit by Lower Volatility

Trading income fell 90 percent to 17.8 million in the first half, and net fee income increased 7 percent to 123.9 million, resulting in an operating income of 147.1 million, half of what it was a year ago.

07/20/2023

Benchmark adds £755 million with agreement to acquire Unique Financial Planning

Unique will continue to operate independently, but with further support from Benchmark’s technology and training and development, alongside additional group resources across marketing, finance, people management and compliance services.

07/20/2023

Farrer & Co once again recognised in Chambers High Net Worth Guide

The rankings are based on client feedback and in-depth analysis of the best law firms and lawyers in the UK and London.

07/20/2023

Oberon Investments acquires Nexus EIS Fund to expand its portfolio

The deal will be paid for by issuing 7.5m new ordinary shares in Oberon and is expected to boost Oberon’s profit before tax.

07/20/2023

Rathbone Funds Now Live on Charles River IMS® and State Street Alpha® Data Platform

The combination of Charles River IMS and ADP empowers their business with faster insights, increased operational efficiency, and greater collaboration across investment teams.

07/19/2023

SG Kleinwort Hambros establishes new client lifecycle team

A new Client Lifecycle Team has been established by SG Kleinwort Hambros (SGKH) and Was Chaudry has been named as the team's head.

07/19/2023

The best precious metals advisers for high-net-worth individuals in 2023

Welcome to the Spear’s ranking of the best precious metals advisers for high-net-worth-individuals in the UK

07/19/2023

Brown Brothers Harriman Private Banking Team Continues Growth in Philadelphia

These hires reflect the firm's deep commitment to Philadelphia and the mid-Atlantic region, its private business owners, and local endowments, foundations, and non-profit institutions.

07/19/2023

StanChart's Marc Van de Walle on the bank’s regional ambitions

The bank’s global head of wealth management sets out the case for a fully-converged digital platform across segments and geographies.

07/19/2023

Citi Wealth says look beyond tech to ‘compelling’ financials

Tech stock valuations leave little margin for error in the upcoming reporting season, whereas banks are only trading at book value despite an improving backdrop, says Citi Global Wealth chief investment officer David Bailin.

07/19/2023

REYL Intesa Sanpaolo wins two WealthBriefing WealthForGood awards, including “Best Bank for Philanthropy Offering”

The WealthBriefing WealthForGood Awards distinguish the top players in the global wealth management industry.

07/19/2023

Private banks eye bigger slice of private credit market

Distressed debt and senior secured loans look attractive, but must not neglect potential issues within the asset class, such as limited transparency and liquidity.

07/19/2023

LGT Private Banking starts digital hub in Barcelona

The private bank invests CHF200m in a new digitalisation strategy.

07/19/2023

Launch of new artworks by winners of the Julius Baer Next Generation Art Prize

The completed digital artworks of the six visionary prize winners will be exhibited in a ‘meta-world’ gallery from now until 31 August 2023.

07/19/2023

Worldsource Wealth Management and IDC WIN to Utilize Broadridge’s AdvisorStream

Automated digital marketing enhancing the advisor-investor relationship and experience

07/19/2023

Julius Baer India relocates to state-of-the-art office in New Delhi, reinforcing commitment to growth market

Expansion exemplifies the firm’s commitment to India as a strategic growth market while demonstrating its dedication to fostering a skilled team to serve clients in the region.

07/19/2023

Nordea to acquire Danske Bank consumer and private banking business in Norway

The acquisition is an ideal strategic fit for Nordea and will strengthen Nordea’s market position in Norway among household customers.

07/19/2023

Raymond James UK profits boosted 50% despite £1bn asset squeeze

A swathe of client inflows allowed the UK division of Raymond James to increase its profits, despite volatile markets in 2022.

07/19/2023

Hargreaves Lansdown posts 6% increase in net new business for Q2 2023

AUA up 2%

07/19/2023

Global Survey Shows Wealth Management Ecosystem at Inflection Point

This heightened focus on client experience and more specifically the digital client experience stems from evolving client expectations and the threat of digital disruptors.

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