03/17/2022
UBS, Citi wealth clients get margin calls on China tech rout
While stocks recovered some ground on Wednesday, they are still trading at depressed levels.
Wealth and Asset Management
03/17/2022
Julius Baer Guernsey moves into its new purpose-built offices
Having enjoyed significant growth in recent years, Julius Baer required a larger premises to accommodate its circa-150-strong team.
03/17/2022
All Russians “semi-sanctioned” as UBS takes conservative approach-CEO
UBS on March 7 detailed a $634 million direct exposure to Russia.
03/16/2022
Sixteen J.P. Morgan Wealth Management Advisors Make Barron’s Top 1,200 List
Barron’s ranks the top advisors in each of the 50 states plus Washington, D.C. The rankings are based on assets under management, revenues generated by the advisors for their firms, and the quality of advisors’ practices.
03/16/2022
CI Financial Reports Total Assets of $370.2 Billion for February 2022
All financial amounts in Canadian dollars unless stated otherwise.
03/16/2022
175 UBS Advisors named to Forbes/SHOOK Top Women Wealth Advisors list
This year, UBS advisors represent 13% of the list, with 30 sitting in the firm’s Private Wealth Management business, serving ultra-high-net-worth clients.
03/16/2022
BNP Paribas Sets up Asset Management JV in India
The Indian mutual fund industry is witnessing strong growth.
03/16/2022
Hong Kong Tycoon Sells UBS London Headquarters for £1.21 Billion
Li Ka-shing’s CK Asset Holdings Ltd. agreed to sell 5 Broadgate in London
03/16/2022
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
The move would need approval by mainland Chinese regulators.
03/16/2022
Climate philanthropy: a guide to green giving
Executive Director of the Coutts Institute Rachel Harrington and Florence Miller, Director of the Environmental Funders Network discuss the basics of "green giving" – where to start, how to find a meaningful cause, and why billionaires alo
03/16/2022
Credit Suisse: No decision on Russia
In the bank’s international wealth management division, it reported assets under management of 390.7 billion Swiss francs at the end of 2021
03/16/2022
ZEDRA completes acquisition
Staff joining ZEDRA will relocate to their renovated Luxembourg offices.
03/16/2022
Advice group acquires Hertfordshire wealth firm
Deal increases assets under influence to around £800m
03/16/2022
Why are wealth giants targeting Spain?
Barclays PB, Julius Baer and J Safra Sarasin have all recently bolstered their operations in the country
03/16/2022
Wealth Enhancement Group Acquires Wealth Manager
Newly Added Firms Raise Wealth Enhancement Group's Total Client Assets to $55.1 Billion, Continuing Robust M&A Growth Momentum
03/15/2022
All-woman team joins LPL Financial
They take an authentic approach to helping build their clients’ financial confidence and are committed to serving all clients equally—from hospital floor staff to corporate executives.
03/15/2022
De-escalation for more uncertainty
Russia also makes up close to 45% of natural gas imports to Europe1.
03/15/2022
Close Brothers reports half year results
Looking ahead, we are mindful of the highly uncertain external environment
03/15/2022
Wealth Management: Post pandemic client interaction: will digital remain the norm?
Business models rapidly evolved, and with them, client expectations.
03/15/2022
Brexit can’t topple London as the asset owners' champion
They tend to invest directly or participate in co-investments, rather than via a fund, meaning that they have different requirements when it comes to structuring their private investments and settling on a jurisdiction.