06/13/2023
Jobs on the line as Abrdn shuts Reading and Sheffield planning arms
The group will divide the business into a financial consultant model and regional advice model in a restructure of its financial planning arm.
Wealth and Asset Management
06/13/2023
HSBC to Shut Down New Zealand Wealth Unit
The bank has stopped accepting new retail customers in New Zealand and the wind-down is expected to occur over several years in phases.
06/13/2023
Estate planning & wealth structuring for modern families
What generally motivates a family to do an estate plan for the first time or to update an existing plan is a desire to combine peace of mind with a thoughtful and durable plan for the future.
06/12/2023
Citi Named Digital Bank of the Year in Asia Pacific
The Asset also named Citi Digital Bank of the Year in Hong Kong, India, Indonesia, Thailand, and Sri Lanka.
06/12/2023
Schroders, BNP Paribas among foreign firms rushing to tap China’s US$18 trillion wealth-management opportunity
BNP Paribas and Agriculture Bank of China launch wealth-management joint-venture as regulator vows consistent and continued financial opening
06/12/2023
Evelyn Partners to acquire boutique wealth manager Dart Capital
The transaction, which is subject to regulatory approval, is expected to complete later this year.
06/12/2023
UBS completes Credit Suisse acquisition
Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.
06/12/2023
Goldman Lampe Private Bank Named Best Global Wealth Management Solutions Provider 2023 by MEA Markets UAE Business Awards
This prestigious accolade recognises Goldman Lampe's exceptional commitment to offering comprehensive and innovative wealth management solutions to its ultra-high-net-worth clientele.
06/12/2023
ZKB’s Frankly expands into vested benefit assets
The Frankly digital pension solution has around CHF 1.9bn in pillar 3a customer assets.
06/12/2023
Odey Asset Management LLP: Executive Committee Statement
This means that the Partnership is now entirely unconnected to the Odey Group, which continues to be majority owned by Mr Odey.
06/12/2023
Oberon takes majority stake in fintech platform
The boutique wealth manager’s 63% stake in Logic Investments has been approved by the FCA.
06/12/2023
Ocorian wins Fund Administration award
The judging panel ensures that the awards are held to the highest standard, remain respected and strive for them to act as a catalyst to drive up service standards and operations in the industry.
06/12/2023
Western wealth firms split on whether to operate in China or not
While some wealth managers are pulling back from the Asian powerhouse, others are moving in as demand remains strong
06/12/2023
Praxis pair make NextGen Leaders List
Newly rebranded from the well-known Top 35 Under 35, the Channel Island NextGen Leaders adopts new criteria that focuses on industry experience rather than age
06/09/2023
Lawrence J. Chastang, Jr. on Insights for Cross-Border Wealth Management
The funds within the annuity are then invested in a variety of underlying investment options including stocks, bonds, and alternatives.
06/09/2023
Leader for NAB Private Wealth takes world stage
Private banker gets international accolade
06/09/2023
Oberon Investments completes acquisition of majority stake in Logic Investments
The strategic collaboration between Oberon and Logic aims to expand their FinTech offering
06/09/2023
Speed Dating for Wealth Managers
By optimizing supply and demand, the company says it achieves significant improvements in returns and cost savings for clients.
06/09/2023
BBVA Private Banking is Europe’s best in leveraging technology and digital innovation
In addition, the publication evaluates all the functions and digital tools available to customers that promote good financial health, allow greater monitoring and evolution of their investments and improve the quality of more than 685 services.
06/09/2023
HSBC AM launches second vintage of senior UK direct lending strategy
Strategy focuses on underserved lower-risk senior segment of the market