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.
Wealth and Asset Management
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
04/27/2023
Deutsche Bank reports € 1.9 billion profit before tax in the first quarter of 2023
For the full year 2023, provision for credit losses is expected to remain within the previously communicated range of 25-30 basis points of average loans.
04/27/2023
Mattioli Woods acquires a majority stake in White Mortgages Limited
In the year ended 31 March 2022, White Mortgages generated revenues of £0.51 million with a profit before taxation of £0.22 million.
04/27/2023
Schroders' statement on Sir Win Bischoff's passing
Sir Win had a significant impact in shaping Schroders.
04/27/2023
Santander records massive jump in wealth management in Q1 2023
Private banking by itself saw net profit in Q1 2023 hit €287m, more than twice the number from the same quarter a year before.
04/26/2023
Fidelity raises $157m for first onshore China fund launch
The asset manager hailed the RMB 1.08bn ($157m) raised for its debut China equity fund ‘amid tentative investor sentiment’, with a fixed income product in the pipeline.
04/26/2023
TISE launches private markets offering
TISE Private Markets provides unlisted companies with access to an integrated set of tailored electronic trading, settlement and registry solutions.
04/26/2023
Giving money to younger generations – what are the options?
With so much financial pressure on young people, more and more families are looking at ways to pass money from one generation to the next.
04/26/2023
Evelyn Partners delivers a record quarter of £1.7 billion of gross new assets
Continued strong growth in Professional Services, with operating income of £45.2 million in Q1, up 20.9% compared to the same period last year.
04/26/2023
Credit Suisse sheds Swiss fund market share to rivals
UBS, BlackRock and Pictet are among the beneficiaries.