07/27/2022
VP Bank sets out Asia expansion plans
Asia is a key strategic region for the Liechtenstein-based bank as it invests in technology to meet the challenges of generational transition, according to CEO Paul Arni.
Wealth and Asset Management
07/27/2022
WH Ireland delivers pre-tax profits of £1.4m as discretionary AUM grows
WM AUM remains at £1.6bn
07/27/2022
Lending to Wealthy Clients Gives UBS’ Wealth Business a Boost
Several wealth managers have reported that net interest income soared during the second quarter thanks to higher interest rates and steady demand for securities-based loans, mortgages, and other lending products.
07/27/2022
Apex Group partners with AlphaCentrix for data management
AlphaCentrix’s middleware and data warehouse solutions provides cutting edge technology solutions for security master, trade capture, price control and review, corporate actions, and to meet the complex custom reporting needs of the client.
07/27/2022
The best employment lawyers for senior executives, wealth managers and family offices in 2022
The best employment lawyers will be adept at settling matters swiftly and smoothly, avoiding court where possible – but making sure to do what is necessary to secure the best result for their client.
07/27/2022
WBD's private wealth team top-ranked by Chambers High Net Worth guide
WBD is recognised in London, Bristol, Yorkshire, the North East and Scotland.
07/26/2022
Sanlam Wealth mulls migration of £7bn AUM to customised platform
Currently, the Sanlam Portal and Platform sit with Chesnara, along with £7bn of assets.
07/26/2022
UBS Part of Banking Group Suffering Buyout Lending Loss
Bridge loans play an important role in the completion of individual transactions in takeovers and mergers, and are an integral part of investment banking typically generating a high percentage of the fees and commissions earned in those business units.
07/26/2022
Butterfield Reports Second Quarter 2022 Results
Net income for the second quarter of 2022 was $49.1 million or $0.99 per diluted common share compared to net income of $44.4 million, or $0.89 per diluted common share
07/26/2022
Julius Baer announces partial hiring freeze as profits plummet
Rickenbacher attributed the fall in the number of relationship managers to the divestments from several smaller wealth management entities in the last two years.
07/26/2022
Simplistic Consumer Duty commentaries mistake value for cheapest price
The new Consumer Duty is a watershed moment for financial services in the UK.
07/26/2022
UBS's second-quarter 2022 results
2Q22 net profit of USD 2.1bn, 18.9% return on CET1 capital
07/26/2022
Exploring Upstream Wealth Transfer
Three questions to ask clients considering “upstream” or “horizontal” wealth transfers.
07/26/2022
Further growth in the first half of 2022 - Freiburger Kantonalbank
This result confirms the strategy and underlines the solid market position of FKB.
07/26/2022
Atria Welcomes $252 Million Practice
Spokane, WA-based Forster Financial Joins Atria's Cadaret Grant
07/26/2022
SJP focuses on academy talent as it looks to plug advice gap
Payne pointed out that a goal of the academy is to help plug the advice gap, and that in the past few years advances in technology
07/25/2022
Zurich forays into Italian advice market
Following acquisition of Deutsche Bank’s advisory network in the country
07/25/2022
UK firm gets £3m from Santander to fund wealth acquisition spree
It aims to buy businesses across the north of England and London
07/25/2022
Presentation of the 2022 half-year results for the Julius Baer Group
In the first half of 2022, assets under management declined by CHF 54 billion (11%) to CHF 428 billion.
07/25/2022
LGT Expands External Asset Managers Business
LGT’s international team has won considerable assets since in 2019 expanding its offering out of Liechtenstein for international intermediaries.