12/28/2022
Cooper Lapman to Join Focus Partner Firm The Colony Group
The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.
Wealth and Asset Management
12/28/2022
10 People to Watch in Wealth Management in 2023
Well, that last one may be of fleeting importance for wealth management, but it was a riveting game to cap off an all around eventful year.
12/27/2022
Walking the tightrope – how banks should navigate the new wealth management opportunity
Alexandre Duret discusses the need for banks to optimise their tech strategy to ensure they tap into the growing wealth management segment
12/27/2022
BlueBay, UBS Asset are winners on bets BoJ would crack
The BoJ widened the trading band to 0.5% from 0.25% last week.
12/23/2022
Private Banks to Manage Future Digital Euro Wallets, Transactions
The European Central Bank's new progress report on a central bank digital currency outlines the role of financial intermediaries.
12/23/2022
Credit Suisse Swiss Investment Bank Demise Rumor Exaggerated
Credit Suisse immediately disputed JP Morgan's claim to first place to finews.com, calculating that it still held the lead.
12/23/2022
Canadian wealth manager CI Financial's U.S. unit confidentially files for IPO
The move comes against the backdrop of a punishing year for IPOs as financial markets have been roiled by the Federal Reserve's rate-hike campaign and fears of a recession.
12/23/2022
Credit Suisse Swiss CEO backs stability of business and return of clients
The embattled bank is currently stressing on its core wealth management business and cutting down on investment banking activities in order to improve its scandal-hit image.
12/23/2022
Credit Suisse Braked by Stalling Singapore IB Fees
Switzerland's second-largest bank took 3.1 percent in wallet share in the last quarter of this year
12/22/2022
Cristiani sees LatAm as relative bright spot in 2023
The region’s advantage is likely to be short-lived and could fade by 2024, according to JPMorgan's private bank head.
12/22/2022
Reclassification of a portfolio of financial assets
This reclassification will help to reduce volatility in the Group’s regulatory capital and will have no impact on its income statement.
12/22/2022
We are crazed in our over-analysis of the anti-inflation fight: Geneva wealth manager
Julien Serbit warns that investors must control their emotions and not become either hysterically optimistic or overly pessimistic.
12/22/2022
Cazenove Capital releases its market outlook for 2023 press release
In this short video Christopher delivers his views on the global economy, inflation, interest rates, corporate earnings and energy prices.
12/22/2022
IFA consolidator sets up investment management arm
It will be ‘radically different from traditional DFMs’
12/22/2022
Empaxis and EXL forge wealth management pact
Pairing Empaxis' extensive middle- and back-office expertise, with EXL's proven data, analytics, and digital operations capabilities, this alliance will allow both firms to scale their wealth management solutions offerings.
12/22/2022
UBS, Deutsche Bank focus on India's wealthy while interest in China wanes
“We are witnessing increasing interest among resident Indian investors to build portfolios in international markets.”
12/22/2022
Mixed signals as rate hikes continue
The good news is that real disposable income has started growing again, helped by the lower monthly price increases and the strong labor market.
12/21/2022
Investment Banking Slump Hits Credit Suisse Hard
Compared to the bumper year of 2021, that's $34 billion less.
12/21/2022
Bain & Company and AIPB: "Private Banking towards new customers, models and profitability"
Almost 60% of assets at the end of the decade will in fact be invested in innovative products, with a change also in distribution and work models.
12/21/2022
André Helfenstein Holds Forth on Unhappy Credit Suisse Clients
The bank's problems stem not from its home market, but outside it, adding it had an impact on the mood among staff and clients.