07/10/2023
HSBC PB global investment head tips private markets to continue strong run
Client demand for private equity and credit remains strong and Lavanya Chari’s team is planning new strategies.
Wealth and Asset Management
07/10/2023
Geneva banking district loses another institution
The plan is to move to the "Alto Pont-Rouge" building in the heart of the new Praille-Acacias-Vernets (PAV) district.
07/10/2023
Private bank CIOs reveal their worst calls in last 12 months
From UK equities to uninvestable Europe, chief investment officers of major European private banks talk frankly about the trades they missed or got wrong in the last 12 months.
07/10/2023
JP Morgan Private Bank launches first regional arm in Manchester
The new branch will bring its wealth management services to family offices in the region, which has one of the biggest fintech ecosystems in the UK.
07/07/2023
Cerity Partners Adds UHNW Firm in New York
AJ Wealth was advised on the transaction by Park Sutton Advisors, which manages assets totaling $65 billion, Cerity said.
07/07/2023
Quintet selects BlackRock to extend investment capabilities
This will extend Quintet’s investment capabilities, significantly strengthening its ability to meet the long-term needs of its clients while retaining full control of all its investment decision-making.
07/07/2023
Wealth Enhancement Group Expands by Adding Ryan Financial, Inc., a Hybrid RIA with Over $200 Million in Client Assets
The Addition of Ryan Financial, Inc. Increases Wealth Enhancement Group's Presence in Denver, Colorado
07/07/2023
UBS Wealth Chief Underlines Focus on Fresh Assets
Khan hosted events in the two top Asia hubs for hundreds of UBS and Credit Suisse wealth staff.
07/07/2023
ARC: Riskier wealth portfolios rebound as rate hike fears hit gilts
Gains from June portfolio rebounds were dented by sterling strength, according to Asset Risk Consultants.
07/07/2023
Seven Wins at the WealthBriefingAsia Awards 2023
BNP Paribas Wealth Management has won seven awards at the WealthbriefingAsia and WealthBriefing Greater China Awards 2023, in recognition of its achievements in delivering innovative and quality wealth management solutions.
07/07/2023
Quilter partners with charity to improve diversity in advice sector
Firm wants to encourage young people from ‘disadvantageous backgrounds’ to pursue their desired career path
07/07/2023
Liontrust shareholders approve proposed acquisition of GAM
Together with the announcement that GAM has entered into definitive agreements with Carne Group to sell its third-party fund management services businesses, this demonstrates good progress in achieving the conditions outlined in the Liontrust Offer.
07/06/2023
SJP to roll out virtual reality to help advisers with vulnerable clients
The first in the series is a 360-degrees film, showcasing an older man who is in the early stages of cognitive decline following bereavement.
07/06/2023
Butterfield shortlisted for Trust Company of the Year
This year’s Awards saw a record number of 343 submissions.
07/06/2023
Man Group to acquire Varagon Capital Partners
The transaction is subject to regulatory approvals and is expected to complete in Q3 2023.
07/06/2023
Lombard Odier strengthens its Swiss-German presence by opening a new office in Zug and hiring a strong team of experienced bankers
With the recruitment of several senior bankers and assistants and the opening of an office in Zug, the bank is pursuing an important step in its Swiss domestic growth strategy and underlining its commitment to local market presence and client proximity.
07/06/2023
Credit Suisse Rescuers are on a Justification Tour
The SNB wasn't there to rescue a bank, but to prevent a contagion of the entire financial system, Maechler said. Injecting more money into the bank wouldn't have been effective without structural changes at Credit Suisse.
07/06/2023
FNZ to make 1,000 redundancies globally
The job cuts will affect around 15% of the software giant’s global workforce.
07/06/2023
Raymond James CEO promises Charles Stanley wealth managers ‘freedom’
Charles Stanley wealth managers will eventually be given access to various affiliation models, which Raymond James’ CEO Paul Reilly believes will keep staff attrition low.
07/06/2023
Crestbridge Business Development professional recognised in Citywealth awards
Now in their eighth year, the Awards recognise the best brands across the private wealth landscape and champion the individuals and teams driving positive change and demonstrating best practice across the marketing, business development, public relations