07/20/2022
EU Looking to Lock Switzerland Out
Swiss banks are not allowed to proactively solicit clients in Europe unless they have a branch in the respective market.
Wealth and Asset Management
07/20/2022
One Four Nine Group acquires firm in Scotland
The APC Financial Solutions & Consultancy Services team offer comprehensive financial planning services across the investment and protection space.
07/19/2022
Merrill reports ‘bull market for advice’ in Q2 earnings call
Rising interest rates helped; the $1.8bn in net interest income recorded last quarter was also an all-time record.
07/19/2022
Macquarie Asset Management’s Green Investment Group Completes Investment in Galehead Development
The Galehead partnership and pipeline will contribute towards GIG’s strategy of owning both development and operating-phase renewable energy assets.
07/19/2022
Withers global art team recognized by Chambers 2022 HNW guide
The guide identifies and ranks law firms and lawyers around the world, with the HNW Guide specifically focusing on those representing wealthy individuals and families.
07/19/2022
Withers recognized as a leading firm globally in latest Chambers High-Net-Worth guide
They are creative and willing to offer different types of advice for consideration, and there is good attention to often overlooked details and strong risk mitigation.
07/19/2022
BCV searches for bond fund manager
The new hire must have a proven track record in bond portfolio management, with a minimum of five years desired.
07/19/2022
Banque Cantonale du Valais 2022 half-year results
Good half-year resltus for Banque Cantonale du Valais
07/19/2022
Liontrust suffers £500m outflows as it creates new team
AuMA at £34.2bn
07/19/2022
M&G eyes income potential amid record inflation
The sell-off in bonds in 2022 has created a compelling case to pick up certain assets at attractive prices, with wider spreads potentially cushioning further rate rises, according to M&G Investments.
07/19/2022
Ex-GAM man moves to Luxembourg competitor in Zurich
The Luxembourg fund house Candriam expands its presence in the city on the Limmat. Anyone new to Zurich.
07/19/2022
Franco Polloni: «EFG has benefited from the turbulence at CS»
Many people do not know that. But overall we have always had a large base of Swiss customers.
07/19/2022
London & Capital sets up shop in Spain
‘We’re not your typical British wealth manager’
07/19/2022
Kingswood U.S. Recruits More Than $355 Million in Total Client Assets with Addition of Eight Independent Financial Advisors and Practices
The new affiliates in the Kingswood U.S. network bring decades of experience in holistic financial planning and represent diverse geographies as well as client bases.
07/19/2022
UBP’s Lespinard mulls liquidity questions as group pushes further into private assets
Swiss group is looking to expand its private markets division with new strategies following the hire of Sanjay Gupta as global head of private equity investing.
07/19/2022
Bank of Singapore: «The peak of policy tightening has passed us»
Although that heralded a massive crackdown on web-based platforms then, voices are now becoming louder in the market that the worst is over from a regulatory perspective, with the Bank of Singapore being the latest to join the camp.
07/19/2022
Evelyn Partners becomes first UK top ten wealth manager to open Brighton office
The move will help pave the way for further expansion of the leading integrated wealth management and professional services group in the South East.
07/19/2022
Goldman Sachs still rules Wall Street: Earnings blow away forecasts
Goldman Sachs thrived despite the fact that stocks plummeted during the first half of 2022.
07/18/2022
Nomura Private Bank’s CIO and Head of DPM on the Growing Appeals of DPM for Asia’s HNW and UHNW Clients
Gareth was one such senior hire who arrived last year, bringing with him more than 16 years of experience across fixed income and multi-asset portfolios, joining from Bank of Singapore, where he was Head of Fixed Income DPM and a member of its investment
07/18/2022
A Wealth Management Bright Spot in Tough Quarter for Wells Fargo
The bank’s businesses, including its wealth management unit, got a boost from rising interest rates. Net interest income for Wells Fargo’s wealth unit soared 50% year over year, or $306 million, to $916 million.