02/22/2022
Geneva Cantonal Bank Posts Record Profit
The dividend proposed to the General Meeting will be increased by 20% to CHF 4.50.
Wealth and Asset Management
02/22/2022
Geneva Cantonal Bank with record profit
Net profit rose by around 19 percent to CHF 125.2 million compared to the previous year and sales by 20 percent to CHF 439.2 million.
02/22/2022
Titan Wealth Holdings Acquires Cardale Asset Management
The acquisition of Cardale is anticipated to double Titan Wealth’s revenues and will also support its continued growth towards meeting its target of £20-30bn in AUM within four years of launch.
02/22/2022
CI Financial To Acquire Corient Capital Partners, a US$5.0-Billion Wealth Management Firm Serving the Ultra-Affluent
Addition of California RIA deepens CI’s presence in ultra-high-net-worth segment and increases U.S. wealth management assets to US$125 billion
02/21/2022
Credit Suisse denies wrongdoing after big banking data leak
While as a matter of law Credit Suisse cannot comment on potential client relationships, we can confirm that actions have been taken in line with applicable policies and regulatory requirements at the relevant times, and that related issues have already b
02/21/2022
Why Personalized Advice at Scale is the Next Evolution of Wealth Management
All wealth management clients tend to have multiple financial relationships, such as retail banking accounts, 401(k) accounts from previous jobs, robo-advisor or brokerage accounts, and more.
02/21/2022
CLSA CP launches private equity fund
The alternatives platform of Citic Securities has launched a China-market US dollar-denominated private equity fund.
02/21/2022
Wealth management in the new world
Wealth platforms that were forced to upgrade allow for increased mobility for those providing advice to families, who can use this infrastructure as part of a new breed of family office services.
02/21/2022
How wealth managers leverage behavioral intelligence tech to thwart client abuse
In this interview with Help Net Security, Lee Garf, GM of Financial Markets Compliance at NICE Actimize, explains how behavioral intelligence technology can help the finance sector tackle client abuse and lower regulatory risk.
02/21/2022
Belfast wealth management firm has recorded ‘significant growth’ throughout 2021
A Belfast wealth management firm has recorded ‘significant growth’ throughout 2021, despite ongoing challenges posed by the Covid-19 pandemic.
02/18/2022
Man GLG launches global bond fund for AAA-rated Golan
The Man GLG Global Investment Grade Opportunities fund will invest at least 80% of its net asset value in investment grade bonds
02/18/2022
StanChart CEO Hopes to Stay With Bank Until 2024
And its CEO Bill Winters hopes that he will remain at the helm long enough to see the bank hit the target.
02/18/2022
UBS is becoming a bank of doers
The Swiss market leader confirmed the move to the agency.
02/18/2022
Vontobel: Customers of the British subsidiary complain
It remains to be seen whether the waves will reach Zurich, where TwentyFour's parent company is based.
02/18/2022
Berner Bank AEK is even more efficient
The institute also managed to reduce the cost-income ratio again.
02/18/2022
Coutts doubles net new flows as bank heeds ‘step change’
Flavel said 2021 proved to be “a stand-out year”, both in terms of Coutts' financial results
02/18/2022
EFG repays hundreds of millions of dollars
EFG International understands that such actions will trigger the repayment and subsequent cancellation of all outstanding EFG Fiduciary Certificates by the Fiduciary.
02/18/2022
SJP chooses fund manager for £2.8bn mandate
“In this context, a multi-asset strategy underpinned by a dynamic and consistent investment process is well suited to protect investors from these risks.”
02/18/2022
UBS discourages employees from using managing director title, report says
Instead the employees involved, should use their function, such as head of a trading team or investment specialist.
02/18/2022
Swiss companies are not hoarding cash, central bank says
This share is more than double the share of companies holding cash for imminent transactions.