09/28/2022
EFG economist: Unprecedented SNB rate hike was 'surprisingly dovish'
Markets expect a further 0.75 percentage points rate hike by the end of 2022, but GianLuigi Mandruzzato is not sure this will happen.
Wealth and Asset Management
09/28/2022
Emerging markets offerings to dominate wealth management industry growth
Followed by acquisitions of smaller players
09/27/2022
Swiss private banks will have to pay attention to this in the future
The strong performance of the financial markets in 2021 led to record results, especially for large and medium-sized private banks, while smaller competitors were able to postpone a thorough review of their difficult profitability situation.
09/27/2022
Germany: further decline in IFO expectations
Rises of electricity and gas have pushed up PPI inflation; prices of intermediate and manufacturing goods prices were down over the month.
09/27/2022
Change-makers meet to build ocean investment community
Deutsche Bank & ORRAA co-host leading investors, entrepreneurs and philanthropists in Mallorca
09/27/2022
M&A and Advisor Recruitment Are Top-of-Mind for Private Banks
Banks employ inorganic growth strategies amid heightened competition in wealth space
09/27/2022
Royal Bank of Canada completes acquisition of Brewin Dolphin
Deal creates premier wealth manager in the UK, Channel Islands and Ireland
09/27/2022
Credit Suisse Group is well on track with its comprehensive strategic review
The Board of Directors and the Executive Board are considering alternatives that go beyond the conclusions of last year’s strategic review.
09/27/2022
The private equity platform heavyweights targeting wealth managers
iCapital head of international Marco Bizzozero and PM Alpha chief executive Tom Douie make the case for wealth managers to invest in private equity.
09/27/2022
Postfinance must not become an entire bank
Postfinance and the Federal Council hoped that the lending would stabilize the business model; Due to the low and negative interest rates, the bank's earnings have eroded.
09/27/2022
Close Brothers Group: Preliminary Results
The group delivered a solid performance with strong income growth in Banking
09/26/2022
Julius Baer is bullish on the Middle East as region outperforms global business
Exclusive: The Swiss private bank, with $442.7bn in assets under management, will open a new hub office in Qatar next month to boost presence in the region, chief executive says
09/26/2022
Citi to wind down UK retail banking ops to focus on wealth management
The news comes months after Citi said it would exit its Citibanamex consumer banking business in Mexico, ending a 20-year retail presence in the country.
09/26/2022
Kingswood to enter Ireland with €25mn adviser purchase
The deal, which is still subject to regulatory approval, will see Kingswood take a 70 per cent stake in the business for a total cash consideration of €25.8mn (£23.4mn).
09/26/2022
SJP merges four funds to create GBP4.3 billion UK Equity Income Fund
The fund will aim to be 80 per cent+ invested in UK equities but will also invest in a mix of asset classes which will include global equities, global fixed interest and index-linked securities.
09/26/2022
German asset manager to buy AMG fund boutique
The Serafin Group will initially take a 50% stake in AMG, which will increase to 100% by 2026.
09/26/2022
DFM Sparrows Capital signs agreement with the P1 Platform
The firm writes that a white-labelled version of the platform will also be made available for selected advice firms and other clients.
09/23/2022
Credit Suisse's Investment Bank Little More Than a Sacrificial Pawn
At the time, the business was the power base for Switzerland's second-largest bank.
09/23/2022
M&G unveils range of multi-asset funds in Ireland
To expand its offering for retail investors across Europe
09/23/2022
Young UHNWs are driving a private aviation boom
Jetcraft's five-year forecast also predicts a much more rational market over the next five years when compared with the 2004-2008 boom, with average purchase prices returning to pre-pandemic levels.