10/11/2022
Chase Buchanan Wealth Management Opens New Canary Island Office
Chase Buchanan Wealth Management continues to expand, opening a new office in Tenerife to provide trusted financial advice to foreign nationals living in the Canary Islands.
Wealth and Asset Management
10/11/2022
Wells Fargo Advisors Moving Clients Out Of Private Banking, Insider Reports
The news is based on internal documents first obtained by Insider, a news site that focuses on financial and political news.
10/11/2022
Bergos CIO keeps 'nerve' to overweight equity
Till Budelmann shared his strategy for mitigating the poor returns in major bond and equity markets this year.
10/11/2022
Zunder raises €100 million from Mirova
Zunder raises €100 million from Mirova to accelerate EV charger rollout in Southern Europe
10/11/2022
Fairstone Group revenues up 22%
The deal saw TA Associates take a significant stake in the business although details of the agreement were not disclosed.
10/11/2022
HSBC extends Chinese private banking network to lure new digital millionaires
The bank has already launched private bank services in Beijing, Shanghai, Guangzhou and Shenzhen.
10/11/2022
Citi Private Bank sees strong growth in family office business in Asia
Wealthy clients have benefited from proactive and early hedging on portfolios and allocations into alternative investments
10/11/2022
BoE widens gilt purchase operations to include index-linked gilts – reaction from advisers, investment and wealth managers
The Bank of England has therefore been forced to include these in its bond buying programme.
10/10/2022
Asia and Middle East Families Withdraw Assets at Credit Suisse
One Asian family office that pulled out cash said it was told by the bank that there was a queue of unprocessed transactions that resulted in some temporary backlogs.
10/10/2022
Clifton Asset Management third acquisition pushes AUM over £1bn
This is Clifton’s third acquisition in just three months, after Burnett & Reid Wealth Management in July and Noble James Associates in September.
10/10/2022
Wealth Management Connect: higher investment quota, greater choice are key to improving bay area’s cross-border scheme
Many investors want the cap on individual investments raised by at least five times from the current 1 million yuan (US$140,528)
10/10/2022
Private bank current account deposits growing at cost of PSBs
Private sector banks are ahead of state-run lenders in terms of current account.
10/10/2022
Malin Norberg: The woman behind the world’s biggest wealth fund
Global head of fixed income trading at Norges Bank Investment Management (NBIM), Malin Norberg, tells Laurie McAughtry why the firm’s investment profile is so unique, why her strategy is so long-term, and why it makes her job so much easier.
10/10/2022
Revealed: All the shortlists for the 2022 PA Wealth Partnership Awards
Six wealth managers up for Fund Selection Team of the Year
10/10/2022
Wealth managers severely punished for climate policy in the USA
The investment house, led by company founder Larry Fink , is urging companies to cut their carbon emissions and has threatened to ditch laggards from actively managed funds.
10/10/2022
Major GAM investor trims stake in asset manager
Bantleon Bank has sold 2.75 million GAM shares, cutting its stake in the firm from 11.13% to 9.41%.
10/07/2022
Results of today’s Extraordinary General Meeting
They will join the Board of Directors with immediate effect, with Boris Collardi serving as a non-independent Board member.
10/07/2022
Jensen Partners to support asset managers with investment from JB Capital
JB Capital primarily invests in areas that are not adequately served by institutional investors.
10/07/2022
Swiss Central Bank Keeping a Close Eye on Credit Suisse
This week the bank's share price hit a record low of 3.52 Swiss francs following intense media speculation about its health.
10/07/2022
Most Powerful Women in Finance: No. 24, Ida Liu, Citigroup
Liu is focusing on what she calls a "full family" approach — expanding client relationships to include spouses, children, grandchildren, and extended family.