04/27/2023
Deutsche Bank reports € 1.9 billion profit before tax in the first quarter of 2023
For the full year 2023, provision for credit losses is expected to remain within the previously communicated range of 25-30 basis points of average loans.
Wealth and Asset Management
04/27/2023
Mattioli Woods acquires a majority stake in White Mortgages Limited
In the year ended 31 March 2022, White Mortgages generated revenues of £0.51 million with a profit before taxation of £0.22 million.
04/27/2023
Schroders' statement on Sir Win Bischoff's passing
Sir Win had a significant impact in shaping Schroders.
04/27/2023
Santander records massive jump in wealth management in Q1 2023
Private banking by itself saw net profit in Q1 2023 hit €287m, more than twice the number from the same quarter a year before.
04/26/2023
Fidelity raises $157m for first onshore China fund launch
The asset manager hailed the RMB 1.08bn ($157m) raised for its debut China equity fund ‘amid tentative investor sentiment’, with a fixed income product in the pipeline.
04/26/2023
TISE launches private markets offering
TISE Private Markets provides unlisted companies with access to an integrated set of tailored electronic trading, settlement and registry solutions.
04/26/2023
Giving money to younger generations – what are the options?
With so much financial pressure on young people, more and more families are looking at ways to pass money from one generation to the next.
04/26/2023
Evelyn Partners delivers a record quarter of £1.7 billion of gross new assets
Continued strong growth in Professional Services, with operating income of £45.2 million in Q1, up 20.9% compared to the same period last year.
04/26/2023
Credit Suisse sheds Swiss fund market share to rivals
UBS, BlackRock and Pictet are among the beneficiaries.
04/26/2023
Morningstar Wealth Introduces Portfolio Analytics Enrichment from ByAllAccounts
New enhancement wraps key portfolio information into one flexible solution for advisors
04/26/2023
Asia-Pacific investors more likely to switch wealth managers, EY survey finds
The trend is particularly strong in mainland China, where 70% of the respondents said they were looking for a change, as well as Singapore, where 64% made the same comment.
04/26/2023
Titan Asset Management launches Equity Growth fund
IFSL Titan Equity Growth fund
04/25/2023
How StashAway Is Disrupting the Wealth Management Landscape In UAE
Since then, StashAway has raised over 74 million USD and expanded to serve investors across 5 regions, including Dubai since November 2020.
04/25/2023
Real demand pushes gold towards a new standard
Gold has traditionally been presented as a long-term inflation hedge on the expectation that the precious metal retains its buying power over time, and carries no credit risk, even if it does not generate a return.
04/25/2023
UBS's first-quarter 2023 results
1Q23 net profit of USD 1.0bn, with strong client inflows
04/25/2023
Credit Suisse reports pre-tax income of CHF 12.8 bn with a CET1 ratio of 20.3% in 1Q23
The consummation of the merger remains subject to customary closing conditions.
04/25/2023
Quilter plc First Quarter 2023 Trading Statement
Average AuMA for the first quarter of £101.8 billion remained modestly below the 2022 full year average of £102.8 billion.
04/25/2023
Fifteen UBS advisors in the Houston region named to the Forbes Best-In-State Wealth Advisors list
UBS also announced today that the South Central Group, based in The Woodlands, TX and led by Robert Vaughan, was named a National Association of Plan Advisors (NAPA) Top Defined Contribution (DC) Advisor Team by Assets Under Advisement for 2022.
04/25/2023
IHT receipts rise by £1bn year-on-year
In the short-term, families would be prudent to give careful thought to their tax planning to ensure they don’t pay more tax than they need to.
04/25/2023
IQ-EQ wins the ‘Wealth Innovation Award’ at the Luxembourg Wealth Management Awards 2023
IQ-EQ was awarded the ‘Wealth Innovation Award’ for outstanding private wealth services both globally and in the Luxembourg market.