07/25/2022
UBS and Credit Suisse Overshadowed by Smaller Rival
EFG International, which is also listed, already seems to have confirmed this perception, reporting a decline in profit on Thursday.
Wealth and Asset Management
07/25/2022
BNP Paribas guns for growth in wealth management and sustainable investments
The bank’s 2025 strategic plan aims to direct investments towards supporting a more sustainable economy
07/25/2022
Crescent Pine Family Office Group is Latest Team Choosing Partnered Independence with Sanctuary Wealth
Joining from Fieldpoint Private, team manages $230 million in client assets and expands Sanctuary presence in NY Metro region
07/22/2022
Fifth Third Private Bank Recognized as Best for High Net Worth Clients
The Global Private Banking Innovation Awards 2022 identify and celebrate the world’s preeminent Private Banks, Family Offices and Wealth Managers.
07/22/2022
U.S. inflation hits 9% and Everything is fine right?
The US 10-year government bond yield fell 8 basis points, suggesting that the market believes the Fed is in control of inflation.
07/22/2022
Altus: Modern Darwinism in wealth management
No one said change was easy. But to survive, and to prosper, it is necessary.
07/22/2022
Julius Baer to cease charging clients negative interest rates
In a persistent negative interest rate environment, Julius Baer has been applying negative interest rates to client cash holdings in these currencies.
07/22/2022
Schaffhauser Kantonalbank with declining customer deposits
The bottom line is that Schaffhauser Kantonalbank achieved a 2.2 percent increase in profit of CHF 23.8 million in the first six months of 2022.
07/22/2022
Second half funds: Nine wealth managers' top plays
Nine readers tell us which funds are high up on their second half hit lists.
07/22/2022
Accountancy group to target small wealth management firms after securing funding
The wealth management market is particularly ripe for dealmaking, with the level of fragmentation and huge number of small independent firms leading to predictions that the sector could be set for at least ten years of consolidation.
07/22/2022
Close Brothers records "solid" performance as loan book grows 5%
The merchant bank said its Banking division performed "strongly" in the 11 months of the financial year that ends July 31
07/22/2022
BTG Pactual to open int’l platform to new client segment
The international product platform will be connected to the BTG Pactual app that will allow clients to check both their onshore and offshore accounts so they can see all their investments.
07/22/2022
UBS and Credit Suisse Overshadowed by Smaller Rival
After two record years in 2020 and 2021, the potential for disappointment is large
07/21/2022
Leonteq publishes half-year 2022 results
Through its investments in key initiatives over the past few years, Leonteq has created a solid and diversified foundation for the company to build on.
07/21/2022
Wealth advice and income protection
Getting clients to see the need is always the challenge, but where there is a need, any great adviser will put an IP policy in place
07/21/2022
Lauren Kinch and Andrew Baumgartner Join UBS Private Wealth Management in San Francisco
They join the firm from BNY Mellon Wealth Management where they spent the last five years advising clients and helping develop the firm’s wealth management platform offering.
07/21/2022
Strategic Capital Advisers to Join Focus Partner Transform Wealth, Strengthening Transform's Capabilities and Presence in Colorado
This partnership will enable us to leverage Transform Wealth's resources, intellectual expertise and deep bench of talent to enhance our strengths and continue to deliver highly personalized client service for many years to come.
07/21/2022
EFG Record underlying net profit of CHF 115 million
A high level of uncertainty persists.
07/21/2022
Credit Suisse Mexico and Actinver sign strategic alliance agreement
This is in line with Credit Suisse Wealth Management’s strategy to strengthen and simplify its offering in priority growth markets, including through strategic alliances.
07/21/2022
Sedulo planning for expansion in wealth management following £2.85m funding deal
Originally founded in Manchester in 2009 as an accountancy firm, Sedulo aspires to be a one-stop-shop in the provision of professional services to SME clients.