06/17/2022
Credit Suisse Looks to Simplify its Capital Portfolio
Credit Suisse is seeking to redeem is a 7.125% high-trigger Tier1 capital instrument with a first optional redemption date of July 29.
Wealth and Asset Management
06/17/2022
Pictet predicts asset allocation ‘shake up’ over next five years
Firm says emerging markets and alternatives can achieve double-digit returns
06/17/2022
What the next generation of millionaires want from their wealth management firm
It found that millennials coming into wealth are far more price-sensitive than the previous generation, especially in a bear market.
06/17/2022
The Private Banking Awards 2022 winners announced!
Both Santander and BNP Paribas Wealth Management left with two awards a piece.
06/17/2022
Banks: farewell to the penalty interest billion
Apparently, the SNB now considers the risk of excessive inflation to be greater than the risk of the economy weakening as a result of higher interest rates.
06/17/2022
BMO EMEA to be rebranded as Columbia Threadneedle Investments
Follows £615m acquisition
06/17/2022
HSBC AM expands alternatives arm with capital solutions unit
The unit will offer flexible capital solutions in private and sustainable assets for HSBC Asset Management institutional and wealth clients.
06/17/2022
Second year in a row, Indian funds in Swiss banks rise; at 14-yr high in 2021
India and Switzerland had, for automatic sharing of financial account information, signed a Joint Declaration on November 22, 2016 for activation of AEOI in tax matters between the two nations.
06/16/2022
Apex Group announces acquisition of ZASMalta
ZAS’ clients will now benefit from access to Apex’s single-source solution, including services such as Global Compliance Solutions, ESG Rating, Reporting & Advisory and Digital Banking.
06/16/2022
Icon Wealth Partners to Join Focus as a New Partner Firm, Broadening Focus’ Presence in the Texas Wealth Management Market
Icon Wealth Partners has built its reputation by serving and advising a select group of high net worth families, business owners, corporate executives, law firms and foundations throughout the United States.
06/16/2022
European private bank unveils advice service
It will be available to customers with a net worth between €1m-€4m
06/16/2022
Northern Trust Announces Leadership Changes
Fradkin announced additional leadership changes in Wealth Management.
06/16/2022
Close Brothers taps Sanlam and Rathbones for five senior hires
Opens new Chichester office
06/16/2022
Sarasin launches investigation after data breach
Sarasin & Partners staff called clients this week to warn them about the breach, which was related to personal details and not financial data, according to Citywire New Model Adviser.
06/16/2022
Young Fundpicker: How can wealth managers stay relevant?
New generation of investors
06/16/2022
Credit Suisse to call for redemption of CHF 1.5bn capital instrument
The firm plans to issue up to CHF 2bn in high-trigger Tier 1 capital instruments this year.
06/16/2022
UBS, Credit Suisse face wealth management headwinds in Asia Pacific
Both Swiss institutions recorded a drop in assets under management, or AUM, and year-over-year profits for the region the first quarter, as COVID-19 lockdowns and uncertainty surrounding the impact of Russia's invasion of Ukraine weighed on wealth ma
06/15/2022
Sanctuary CEO Willing to Pay 'Huge Premiums' for These Kinds of Advisory Firms
Sanctuary Wealth CEO Jim Dickson talks about what he sees in the RIA M&A landscape, what he looks for in an acquisition target and where he thinks the industry is headed.
06/15/2022
Wells Fargo Team Goes Independent With Raymond James OSJ Concurrent
A former Wells Fargo team managing $630 million in client assets has created their own independent practice, Vision Wealth Advisors, with the support of Concurrent Advisors, a Raymond James super OSJ backed by Merchant Investment Management.
06/15/2022
Marianne Rodriguez of Round Table Wealth Management Makes "40 Under 40" List
InvestmentNews judges recognize her accomplishments, leadership and commitment to clients and the financial planning profession