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.
Wealth and Asset Management
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.
02/17/2022
BlackCloak Named a Finalist by the Family Wealth Report Awards for Best Cybersecurity
Recognition comes as family offices and wealth managers are increasingly being relied upon by their clients to help reduce the skyrocketing risks from modern cyber attacks, financial fraud, and personal privacy exploitation
02/17/2022
Goldman Sachs Private Wealth Management arm opens new office in Monaco
Last month, Goldman Sachs' shares fell after Wall Street's premier investment bank missed quarterly profit expectations
02/17/2022
Standard Chartered unveils $750m share buy-back as it reports a rebound in profits
A reconciliation of restructuring and other items excluded from underlying results is set out
02/17/2022
Baillie Gifford raising capital for dedicated PE fund
The asset manager is deepening its push into private companies with the launch of a dedicated fund for institutional investors.
02/17/2022
REYL Intesa Sanpaolo completes the integration of Intesa Sanpaolo Private Bank (Switzerland)
The partners of REYL Intesa Sanpaolo hold collectively 31% of the combined entity.
02/17/2022
M&G buys TCF to enter model portfolio market
M&G Wealth will take responsibility for the ongoing management of Maps, and will also launch a new range of portfolios in the coming months.
02/17/2022
GAM Holding AG announces full-year 2021 results
Ad hoc announcement pursuant to Art. 53 listing rules
02/17/2022
BCV Group FY 2021 revenues above CHF 1.0bn and net profit up 14%
Operating profit rose 15% year on year to CHF 429m on firm cost control. Net profit was up 14% to CHF 379m.
02/17/2022
Leading Australian Wealth Firm Selects Broadridge to grow Securities Finance Business
"We are pleased to add FinClear to our growing client base in APAC," said Darren Crowther, General Manager of Broadridge's SFCM.
02/16/2022
UBS Sees China Private Banking Revenue Pool Hitting $163 Billion
Cooling China property market could spur reallocations
02/16/2022
Finding steady ground by Coutts
The new year got off to a wobbly start for markets with investors nervous about rising inflation and higher interest rates
02/16/2022
IQ-EQ wins ‘Best Wealth Planning Team’
It’s the second year in a row that IQ-EQ’s Swiss team has scooped this award, reflecting the success of their agile, service-focused approach.
02/16/2022
Citi’s Jane Fraser ditches ambition to break into Wall Street’s big league
Hopes of becoming top-three investment bank conceded in order to focus on more profitable areas
02/16/2022
SGKB increases profit
The year 2021 was characterised by further expenses for digital solutions and the ongoing modernisation of the branch network, which is reflected in general and administrative expenses (+6.8 %).
02/16/2022
J Safra Sarasin takes full control of Swiss bank in digital push
We are looking forward to continue building and enhancing future digital platforms for clients and financial intermediaries
02/16/2022
China's 'common prosperity' drive positive for wealth management industry - UBS
"Common prosperity" is a policy drive by President Xi Jinping to narrow the gap between rich and poor."