02/28/2023
SJP Full Year Results announcement 2022
Proposed full year dividend of 52.78 pence per share (2021: 51.96), in line with our 70% target pay-out ratio
Wealth and Asset Management
02/28/2023
Allfunds publishes its preliminary 2022 financial results and announces the closing of the MainStreet majority stake acquisition
It also announces that the acquisition of a majority stake in MainStreet Capital Partners Limited (‘MainStreet’), has closed following completion of customary closing conditions.
02/28/2023
Focus Financial Partners to be Acquired by Clayton, Dubilier & Rice
The proposed transaction delivers substantial value to Focus' stockholders
02/28/2023
Man Group AUM falls 4% in 2022 despite $3.1bn in inflows
$8.4bn of 'combined negative impacts'
02/28/2023
abrdn reports 8% drop in AUM throughout 'one of the toughest years in living memory'
Net outflows of £13.4bn
02/27/2023
HSBC Global Private Banking responds to Hong Kong's latest family office incentives
The rapid growth of Asian wealth, coupled with UHNW families’ intent to institutionalise and professionalise the management of their wealth in recent years, has spurred the development of Hong Kong’s family office ecosystem.
02/27/2023
Ping An Bank Hong Kong Branch granted insurance agency license
In this age of digital transformation, the way investors conduct trading, consulting and acquiring information have changed.
02/27/2023
St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
02/27/2023
Arbuthnot profits set to beat forecast after strong quarter
Forecast of £17.3m will be topped
02/27/2023
Baar independent asset manager rebrands
The firm, previously known as Asset Management Partners, said the name change will not have a wider impact on its clients.
02/27/2023
LLB Group posts best Group business result for more than ten years Continuing on growth trajectory
In 2022, the LLB Group continued its dynamic growth with further net new money inflows and higher loans to clients contributing to the development.
02/27/2023
Rothschild & Co wins Best Corporate Finance Adviser award from GlobalCapital
This recognition reflects our leading Debt Advisory activity and marks the third consecutive year that we have won this award.
02/27/2023
Bank Linth: Pleasing business result for 2022
Bank Linth's volume growth maintained its momentum in 2022. Loans to customers increased by 4.4 percent to CHF 6,783.9 million.
02/27/2023
Singapore’s «Big Three» Banks Deliver Profit Hat-Trick
2022 was a challenging year for the financial sector, characterized by negative market performance across asset classes and a dealmaking slump.
02/27/2023
OCBC Bank stays on track for being the wealth management bank of choice in Malaysia
At OCBC Bank, clients can expect a range of wealth solutions, from deposits and credit cards to wealth protection, investment and financing to help grow, protect and preserve their wealth based on their unique aspirations and appetite for risk.
02/27/2023
No End to Credit Suisse’s Bad News
After losing significant value last year, the fund is now facing redemption demands, the bank said in an emailed financial update Friday.
02/27/2023
James Hambro & Partners hits £5bn as Edinburgh and Leeds pays off
The wealth firm's recent launches in Edinburgh and Leeds helped propel its assets under management above £5bn for the first time in its history.
02/27/2023
Abrdn shuts two more multi-asset funds in consolidation cull
Another pair of strategies is being shut as part of Abrdn’s ongoing plan to reduce its total number of funds.
02/24/2023
Savant Wealth Management Acquires $3.3 Billion Capital Directions
First Acquisition of 2023 Marks Savant's Largest; Expands Footprint to Southeast U.S.
02/24/2023
OCBC Group Full Year 2021 Net Profit Rose 35% to S$4.86 billion
Group net profit for FY21 was S$4.86 billion, an increase of 35% from a year ago, underpinned by strong growth in non-interest income and lower allowances, which offset a decline in net interest income amid a low interest rate environment.