04/11/2024
Private banks place importance on Asia desks in Switzerland
Ongoing geopolitical tension and desire for booking diversification has kept desks serving wealthy Asian families in Switzerland busy, despite concerns from Chinese clients.
Wealth and Asset Management
04/11/2024
Private trust companies: a crucial tool for wealthy families
From the magazine: PTCs are becoming increasingly popular with wealthy families seeking to protect themselves and their assets
04/11/2024
Swiss banking plan leaves 'relieved' UBS out of immediate firing line
Switzerland said that capital demands could be adjusted to reflect exposure to international subsidiaries, as well as lenders' governance, complexity and profitability, without setting specific thresholds.
04/11/2024
T. Rowe Price Group Reports Preliminary Month-end Assets Under Management For March 2024
Preliminary net outflows were $1.2 billion for March 2024 and $8.0 billion for the quarter-ended March 2024.
04/10/2024
Bank Julius Baer Deutschland AG : Deficiencies in business organization
Proper business organization is intended to ensure that credit institutions comply with legal regulations and do what is economically necessary.
04/10/2024
St James’s Place advisers owe £920mn in business loans
Debt extended for purchases of partner firms’ client books shows extent of key scheme in wealth manager’s model
04/10/2024
Hampden & Co reports strong client and profit growth in 2023
To meet the increased demand and deliver the personalised service expected, the bank grew the number of employees by almost a quarter (23%) to 154.
04/10/2024
Year end trading summary and date of full year result
As a result of these substantial inflows, Mercia has begun the new financial year in a strong position.
04/10/2024
Stratos Private Wealth extends its market footprint
Stratos Private Wealth extends its market footprint Stratos Private Wealth expands to Westchester, New York, and Southern New Jersey
04/10/2024
Wealth Management tech solution wins at WealthBriefing European Awards
Laserfiche enables organisations to digitalise their business processes and manage their files effectively
04/10/2024
Evolving Trends in Outsourcing Models for Wealth and Asset Management Firms: Objectway’s Response to Growing Client Interest
Firms must consider their operational capacity, skills, return on investment, and the desired level of client engagement.
04/10/2024
Glarner Kantonalbank does not exercise call option for Tier 1 bond
Glarner Kantonalbank makes the decision to exercise the call right based on the underlying market conditions, economic aspects, the regulatory value of the instrument and its own capital planning.
04/10/2024
Former RBS wealth management brand returns to Glasgow following takeover deal
That deal has now been completed, with the Glasgow business operating under the Adam & Co name going forward.
04/09/2024
Wealth Management’s Rising Star in Asia Has Tricky Task at UBS
She’s using her ties with UBS investment bankers hailing from Credit Suisse to win business from ultra-rich clients.
04/09/2024
Cerity Partners Announces Combination with Agility to Offer Outsourced Chief Investment Officer Capability
The addition of Denver-based Agility will expand Cerity Partners' capabilities through outsourced chief investment officer services to non-profit organizations, UHNW individuals, and family offices.
04/09/2024
Canaccord Genuity Group Inc. through its wealth management business in the UK, announces completion of acquisition of Intelligent Capital
Operating under the Adam & Company brand, the combined teams become a significant wealth management business in Scotland with further growth potential
04/09/2024
Property tops biggest wealth manager trust trades in Q1
Rathbones, Quilter, Brooks Macdonald and RBC Brewin Dolphin have all tweaked exposure to property and infrastructure since the start of 2024.
04/09/2024
UBS and Sumitomo Mitsui Trust to Enhance Wealth Management in Japan by Acquiring Credit Suisse's Division
The joint venture is majority-owned by UBS Securities Japan with a 51% stake, while Sumitomo Mitsui Trust owns the remaining 49%.
04/09/2024
Lescaudron affair: In the end the bank loses
The big bank is stubbornly defending itself against this – as is currently the case in Singapore.
04/09/2024
Private wealth sellers fuel £1.7bn Impax quarterly outflow
After fresh outflows, the sustainable fund firm notes that sentiment towards green investing is improving with assets under management rising to £39.6bn.