08/31/2023
The ESG rules all SJP fund managers must now comply with
SJP's model is to outsource the management of the funds its clients are invested in to third party firms, with the funds then operated under the SJP label.
Wealth and Asset Management
08/31/2023
Credit Suisse AG, a UBS Group company, announces second quarter 2023 financial results
Provided below is a reconciliation of Credit Suisse’s adjusted results to the most directly comparable US GAAP measures.
08/31/2023
Sergio Ermotti Has No Time for Nostalgia
Ermotti said the integration of Credit Suisse's domestic business is his base scenario, and that the Credit Suisse brand will be gone by 2025.
08/31/2023
REYL Intesa Sanpaolo triples its net profit in the first half
REYL Intesa Sanpaolo is pursuing an organic growth strategy based on high-potential institutional partnerships and is confident of making further progress in the second half of the year.
08/31/2023
UBS just smashed JPMorgan’s record for quarterly bank profit
Global firm's wealth management unit was among its star performers.
08/31/2023
UBS to reduce Swiss workforce by 3,000 in $10 billion cost-cutting move
The world's largest wealth manager could have spun off the business and floated it in an IPO but the domestic bank has been a solid profit-maker for Credit Suisse and last year it was the only division in the black.
08/31/2023
Westbrooke's UK private debt fund achieves R400m record raise from SA investors
This is notable as the large portion of the fund’s investor base comprises South African connected capital.
08/31/2023
2023 1st half-year: Mirabaud announces results in line with its Strategic Objectives and continues to demonstrate its solid financial position
Group assets were CHF 31.5 billion six months earlier.
08/30/2023
Tanja Cuppen not available for reappointment as ABN AMRO Chief Risk Officer
Tanja Cuppen joined ABN AMRO as CRO in October 2017 and was reappointed in April 2021 for a period of three years.
08/30/2023
Rui yu Wealth CEO Eric Lin: Exploring New Trends in Wealth Management for High Net Worth Individuals in Asia
Recently, Eric Lin, the Founder and CEO of Rui yu Wealth, shared his insights on the trends in wealth management for high-net-worth individuals in Asia.
08/30/2023
Weil Advises Goldman Sachs in Sale of Its Personal Financial Unit to Creative Planning
Creative Planning’s wealth management teams will continue to have access to investment solutions and services from Goldman Sachs Asset Management as it builds a leading investment management platform.
08/30/2023
BMO, Scotiabank earnings highlight pressure for wealth management units
Latest earnings results for Canadian big banks reflect challenging market conditions
08/30/2023
StanChart Launches Alternative Credit Offering
According to Boston Consulting Group, the global trade market has estimated financing needs of $18 trillion.
08/30/2023
Vontobel launches private markets offering
Our collaboration with Portfolio Advisors, LLC is the first step we are taking in the implementation of our private markets strategy
08/30/2023
The Rise of Engagement: Opportunities for Wealth Managers
This can range from operational improvements to addressing climate change issues in their corporate strategy.
08/30/2023
Geneva IAM incorporates sister company services
Amadeus Capital is integrating the services of W Capital Gibraltar and Amadeus Quantamental Luxembourg.
08/30/2023
Wealth management specialist announces launch of Newcastle city centre office
Operating from Portland House will help the business to benefit immediately from sustainable office space which will accommodate its future needs as operations expand and workforce numbers increase.
08/30/2023
UBS Set for Record Quarter, Plenty of Questions After Takeover
More important than the numbers will be indications of progress in integrating Credit Suisse, particularly with respect to the wealth management business and the future of its Swiss unit.
08/30/2023
Hedge fund veteran lined up to take the helm as GAM chief executive
Activist investor group has named Randel Freeman as its preferred candidate to lead the Swiss asset manager
08/30/2023
Goldman’s woes show how difficult it is to crack advice market
They also have their divisions, and mastery in one area does not always mean you can succeed in another.