10/28/2021
UBS Chases New Group with Old Idea
These U.S. wire houses were quick to understand that retail banking and mass affluent business was the most vulnerable to the onset of financial start-ups and other digitized competitors.
Wealth and Asset Management
10/28/2021
Credit Suisse wants to merge wealth management units into a single global division
The top of Credit Suisse (CS) wants to bundle international asset management (IWM) with Swiss private banking (SUB) and its counterpart in Asia, as finews.ch reported a week ago.
10/28/2021
LLB Group focuses on growth, efficiency and sustainability
The new ACT-26 strategy is the next logical step in the LLB Group's development.
10/27/2021
Deutsche Bank posts fifth straight quarter of profit despite slide in trading revenue
eutsche Bank reaffirmed its intention to recognise most of the remaining transformation-related effects by year-end 2021.
10/27/2021
UBS Starts Digital Wealth Bank in U.S. to Rival Wall Street
UBS currently has about 2 million customers in the U.S. that it calls workplace wealth clients -- people with large pension funds and stock options -- and plans to use the new digital wealth manager to do more business with those clients as well as captur
10/27/2021
Courtiers Advisers unshaken by financial advice challenge
It was against such a background that I recently gathered together three Courtiers Advisers in a meeting room in the company’s offices in Henley-on-Thames.
10/27/2021
Global Wealth Group's Chief Product Officer accepted into Forbes Technology Council
This is an invitation-only community for respected technology leaders and senior level executives, and Booth was vetted and selected by a review committee based on the depth and diversity of his experience
10/27/2021
Temasek launches $3.3b investment platform for firms eyeing global expansion
The platform will target deal sizes of between US$100 and US$200 million.
10/27/2021
UBS Chases New Group with Old Idea
Until now UBS was focused on capturing the U.S.'s super-rich.
10/27/2021
HSBC Opens Hub for HNW Clients in Hong Kong
The opening of the wealth centre at Victoria Dockside in Tsim Sha Tsui «embodies HSBC’s commitment to support the strong demand for wealth management services in Asia.
10/27/2021
Family business transition plans are imperative to avoiding ‘Succession’-like outcomes
n any family business, change and transitions are inevitable.
10/26/2021
Rockefeller Capital Management to Open First International Office in London
The initial plans for expansion include opening an office in London, to better serve clients across the UK, Europe, and Asia.
10/26/2021
Best Private Bank Awards 2022
Global Finance’s seventh annual Private Bank Awards honors banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth.
10/26/2021
UBS increases wealth management profits 43% on back of thriving markets
We made tremendous progress last quarter in delivering on our client promise by putting clients at the center of all we do
10/26/2021
Schroders grows fiduciary management business with key acquisition
Schroders is today announcing its intention to acquire River and Mercantile Group’s UK Solutions Division consisting of its fiduciary management and derivatives businesses.
10/26/2021
Schroders' impact trust ponders second fundraise
The trust listed in December 2020 raising £75m, though this fell short of its £100m target.
10/26/2021
R&M CEO to join Schroders in Solutions deal
River and Mercantile Solutions sold to Schroders for £230m.
10/26/2021
Lombard Odier: Nearly Half of APAC HNWIs Expect Market Correction
Almost 2 out of 10 HNWIs said they feel «lost» and would appreciate more guidance from financial advisors.
10/26/2021
Edmond de Rothschild Group and Hottinger Group join Forces
Both entities share the same long-term vision, culture and values which underpin their delivery of wealth management and bespoke family office solutions to wealthy families.
10/26/2021
SEI buys Finomial
This technology will add data-mapping tools, flexible data models, and rules engines to further enhance current capabilities.