12/28/2023
“Dä Wolf vo dä Bahnhofstrass”: The best on finews.ch 2023
In the columns of finews.ch, the rescue of Credit Suisse (CS) and the forced sale to its competitor UBS played out as both a tragedy and a comedy.
Wealth and Asset Management
12/28/2023
Investor confidence 'will return' in 2024
After a tough year of high inflation and rising interest rates, Husselbee thinks markets could see signs of recovery in the new year.
12/28/2023
Credit Suisse penalised $3 mn after probe by Singapore authorities
The action on Credit Suisse follows its review of pricing and disclosure practices in the private banking industry, according to the MAS.
12/27/2023
Schroders and Lloyds confirm wealth management deal talks
£109bn investment contract from bank has speeded tie-up process
12/27/2023
Wealth management in 2023: De-banking, the ‘great wealth transfer’ and the rise of the centimillionaires
As wealth managers grappled with increasing volatility, 2023 saw the continued growth of wealth management services across the UAE and the emergence of a new generation of UHNWs
12/27/2023
WH Ireland posts first half loss after challenging market conditions for the broker
It posted a statutory pre-tax loss of £3.9 million, widened from a £0.4 million loss a year earlier.
12/27/2023
These financial careers took an abrupt turn in 2023
But it wasn't just at the big banks that there were memorable changes at the top.
12/22/2023
Private banking and markets in 2024: what’s the outlook?
Will interest and inflation be a burden to private banking markets in 2024?
12/22/2023
Sergio Ermotti: «UBS is Like the Iron Giant from Space»
And the combination will be worth more than the sum of its parts, the boss of the largest Swiss bank is certain of this.
12/22/2023
UBS Sets New Standards in Zurich with the Mandarin Oriental
So the city of Zurich now has a new touch of world-class luxury, as was evident during the official opening on Wednesday evening.
12/22/2023
Lombard Odier’s NextGen initiative wins key award
The accolade honours the Bank’s ‘LO Generations’ initiative, a market-leading multigenerational approach to serving the next generation (NextGen) of our clients.
12/22/2023
Swiss banks want to quickly close the open flank to the USA
As part of a US program to resolve the tax dispute, 80 other Swiss banks then transferred settlement payments overseas.
12/22/2023
Outgoing Morgan Stanley CEO James Gorman sums up JPMorgan's Jamie Dimon as 'the best bank executive in the world'
His remarks marked a relatively rare instance of one master of the universe on Wall Street acknowledging the accomplishments of another.
12/22/2023
Melville Douglas’ Head of Portfolio Management recognised at Wealthbriefing awards
The annual WealthBriefing Channel Islands Awards program recognizes the most innovative and exceptional firms, teams and individuals.
12/22/2023
GAM Holding AG has been informed about the regulatory approval of the tender offer
GAM would like to thank all shareholders for their continued support and looks forward to creating long-term value and success for all our clients, shareholders and employees in 2024 and beyond.
12/22/2023
Deutsche Bank: Mountain of complaints causes huge trouble
Meanwhile , CEO Christian Sewing is trying to correct deficiencies in dealing with German private customers, which had already brought the financial regulator Bafin into action.
12/22/2023
Japan banks scramble to beef up asset management business amid government reform push
The business could potentially become a major profit centre for the banks if an end to decades-long deflation drives households to shift their money out of bank deposits into stocks, bonds and other assets to hedge against inflation.
12/21/2023
Credit Suisse: Final Reckoning for Excessive Bonuses
The Swiss Financial Market Supervisory Authority made it clear on Thursday for once and for all in its detailed report on the Credit Suisse crisis that the major bank’s downfall was primarily due to governance issues.
12/21/2023
Windermere Group celebrating 20 years of success at the cutting-edge of global wealth management
John has served as a board member of the Bahamas Financial Services Board and on the boards of numerous companies
12/21/2023
Majority consider wealth inequality to be too high in Switzerland
In terms of income inequality, Switzerland is internationally in the middle range, and this inequality hasn't increased significantly.