04/02/2024
Clearstead adds $5bn Virginia wealth management firm
The acquisition of Wilbanks Smith and Thomas Asset Management is Clearstead's largest deal since selling a controlling interest to Flexpoint Ford in 2022.
Wealth and Asset Management
04/02/2024
Jin Yee Young: «NRIs Want to Go Back to India»
After the government-brokered takeover of Credit Suisse, UBS inherited and decidedly retained its India business, making a re-entry into the onshore market.
04/02/2024
From trading to pure play: UBP’s Ivan Wong shares the beauty of a boutique bank
Wong joined the bank from HSBC Global Private Banking, where he spent over 20 years.
04/02/2024
Valartis pays dividend despite loss
The financial result showed a loss of 8.5 million francs
04/02/2024
EFG boss Pradelli is not targeting “old money” and is looking for new RMs
Former Julius Baer boss Boris Collardi has been on board since 2022.
04/02/2024
UBS Group AG announces launch of new share repurchase program of up to USD 2bn
UBS Group AG confirms expected repurchases for 2024 of up to USD 1bn. The 2022 share repurchase program concluded on 28 March 2024.
04/02/2024
Quintet 2023 net profit rises to €46.9 million
“Overall financial performance was robust over a 12-month period when we strengthened the foundation of our firm to support sustained growth
04/02/2024
How Partners Group can help UHNWs can harness the power of private markets
With its long history of offering evergreen funds, Partners Group has unrivalled experience in educating and empowering UHNW investors
04/01/2024
Bank Nizwa named Top Bank for Wealth Management in Oman at Cambridge Islamic Funds Awards
Accepting the accolade on behalf of the bank were Mr. Mohamed AlGhassani, Deputy General Manager Retail Banking, and Mr. Faisal Adawi, Head of Wealth Management and Sales
04/01/2024
Coutts support the UK’s interactive entertainment sector through sponsorship of the London Games Festival for the third year in a row.
Coutts is one of the UK’s largest commercial and private bankers of interactive entertainment clients, with over 10 years specialised experience in the sector.
04/01/2024
Mind the Gap! The unfair distribution of wealth in Europe
The extent to which wealth is unevenly distributed varies considerably from country to country too
04/01/2024
Wealth Management Is a Risky Gold Rush for Banks
Catering to the rich offers high returns and room for growth, but it is not for every big lender
04/01/2024
Liechtenstein royal family-backed banking and asset management firm LGT says private equity has ‘good future’ in China
The most interesting investment opportunities in China are in sectors that will see growth triggered by climate change, such as energy and electric mobility, Prince Max says
04/01/2024
Stratos Wealth Advisors Welcomes $500 Million Reno Tahoe Wealth Management from RBC
Multi-Generational Family Team Chose Stratos to Develop Long-Term Growth Strategy
03/28/2024
Lombard Odier wins award for best European private bank at WealthBriefing 2024
These include the prestigious prize for Best Overall European Private Bank.
03/28/2024
Hywin Holdings Announces Strategic Business Transformation Plan
As part of the business transformation plan, Hywin is undertaking a structural reorganization plan
03/28/2024
Four reasons to consider global SMID caps in 2024
By diversifying across different market-cap tranches, investors can benefit from improved liquidity while maintaining strong EPS growth potential.
03/28/2024
Strong presence of Channel Islands in Citywealth Magic Circle Awards shortlist
The awards, now in their eighteenth year and regarded as the Oscars of the finance world, recognise the best wealth managers and advisors in the private wealth industry
03/28/2024
Capital Group: all Hong Kong HNWIs currently have large cash holdings
Capital Group's survey shows that 100% of Hong Kong high-net-worth investors currently have at least 10% of their portfolio held in cash.
03/28/2024
EFG’s Pradelli looks beyond Europe’s ‘old money’
EFG is the youngest of the mid-sized Swiss private banks that are now seeking to challenge UBS’s wealth-management dominance after the acquisition of Credit Suisse.