03/28/2023
EFG announces the nomination of Philip Lofts as a new member of the Board of Directors
He will also chair the Risk Committee, of which Susanne Brandenberger is currently Chair.
Wealth and Asset Management
03/28/2023
Lombard Odier establishes a Corporate Advisory centre of expertise
In the next five years, nearly 2,000 SMEs in French-speaking Switzerland and 35,000 businesses in Switzerland as a whole will change ownership due to a sale outside of the family circle.
03/28/2023
EFG publishes agenda for its Annual General Meeting 2023
As previously announced, Susanne Brandenberger and Steven Jacobs are not standing for re-election at the forthcoming AGM.
03/28/2023
A quarter of savers plan to switch banks because of interest rate differentials shares
Representative Comparis survey on bank interest rates
03/28/2023
Insecurity Spreading Among UBS Bankers
This is causing increasing uncertainty among the rank and file despite assurances from UBS's top management
03/28/2023
Shore Capital predicts Rathbones share jump despite ‘little growth’
Analyst Ben Williams believes there has been an ‘excessive derating’ of the wealth and asset manager.
03/28/2023
Digital Customer Experience and Wealth Management: time to act
Expansion and retention of the customer base, better data management and differentiation from competitors: these are the most important opportunities that the Digital Customer Experience can offer the wealth management industry.
03/28/2023
M&G Wealth adds CGT tool to platform
The microservice aims to allow advisers to get the best outcome for their clients by making full use of the current CGT allowance.
03/28/2023
WMI and the Private Banking Industry Join Forces to Strengthen Singapore’s Position as a Philanthropy Hub
The IPP, supported by the Monetary Authority of Singapore (MAS), will create a dedicated series of events and research publications to build greater awareness and momentum for philanthropy and newer models of giving such as venture philanthropy and impact
03/27/2023
StanChart to Sell Jordanian Business
The sale is part of broader plans announced in April 2022 to exit seven markets in Africa and the Middle East.
03/27/2023
EFG Further Strengthens its Business In Asia Pacific and Announces a Strong Line-Up of New CROs in the Region
Hong Kong represents one of EFG’s core markets in the Asia Pacific Region.
03/27/2023
Finma Chair Accuses Credit Suisse of Lacking Cooperation
While the regulator intervened with the bank very early on and initiated numerous procedures, Credit Suisse cooperated poorly and refused to draw the necessary consequences.
03/27/2023
Serge Fehr is Making Credit Suisse Nervous. Again.
That Lombard Odier refrained from its customary pre-announcement of a designated partner is an indication of the nervousness accompanying the personnel change, and all the more remarkable since Fehr's departure from Credit Suisse has been known for s
03/27/2023
St James’s Place set for UAE licence
Firm has received in-principle approval to open an office in the Dubai International Financial Centre
03/27/2023
SEI Extends Relationship with Evelyn Partners
Five-Year Extension Reflects Strength and Longevity of Strategic Partnership
03/27/2023
Jefferies downgrades UBS despite ‘compelling’ CS deal maths
Analysts have downgraded UBS from ‘buy’ to ‘hold’, saying the acquisition of Credit Suisse throws up considerable short-term integration risks, but looks ‘attractive’ on a three-year view.
03/27/2023
Top 50 IAM merges with fiduciary services firm
Swisspartners Group expands its fiduciary business in Switzerland by fusing with NRS Treuhand.
03/27/2023
China’s rich flee crackdowns for ‘Asia’s Switzerland’ Singapore
Chinese wealth is rushing into the Southeast Asian city-state, prompting unease among some locals.
03/27/2023
Is the future of the wealth management industry here?
Then almost exactly three years ago, when the government put the United Kingdom into lockdown in the wake of the coronavirus pandemic the future was brought forward.
03/27/2023
HSBC Brings Art Finance to Asia
The art being used as collateral must not be displayed and also be kept in secured warehouses with proper temperature and humidity controls.