09/05/2022
“We are continuing to explore ways to work together in a partnership and UBS has given us $70 million in financing at a $1.4 billion valuation,” Wealthfront Chief Executive Officer David Fortunato said.
09/05/2022
Cardea plans to expand its presence in Switzerland by a combination of strategic acquisitions of small to mid-size wealth management firms in parallel with the hiring of individual wealth advisors and their teams.
09/05/2022
He is a member of the Al-Thani ruling family of Qatar.
09/02/2022
Returns fell from £4k to £160 over four years, before the investment was valued at just £1.
09/02/2022
The cuts are part of broader plans to reduce $1 billion in costs to help the bank recover from a series of scandals and quarterly losses.
09/02/2022
Hubbis met with her recently to learn of her views on the evolving needs and expectations of her clients, which include HNW and UHNW individuals and families, trust companies, family offices, international banks and fiduciary service providers.
09/02/2022
The wealth management market in China is about $4.2 trillion in a country where household wealth is growing faster than the economy.
09/02/2022
Credit Suisse officially intends to comment on any adjustments to its corporate strategy at the end of October.
09/01/2022
Stable earnings growth backed by diversified revenue mix and strong client loyalty
09/01/2022
This generation is looking at how to pull all their resources, be it their wealth, their unique skills, their influential networks, their businesses to work for the good of all of us.
09/01/2022
He also set out how the UBP approach is to provide high-touch, specialised investment advice rather than a low-touch, digital-first model.
09/01/2022
This is especially true for HNWI millennials – likely current and future private banking clients – who comprise a rapidly growing cohort.
09/01/2022
Right after the COVID-19 recovery began, the war in Ukraine started – and for European investors it was something happening very close to home, so it affected the behaviour of clients
09/01/2022
Coatoam praised RBC for its “family-like culture, as well as the management team who truly believe that clients come first.
09/01/2022
Recent level of activity ‘has been remarkable’ and ‘shows no sign of letting up’
09/01/2022
The main contributors were value adjustments on investments and write-downs on real assets such as real estate totaling 7.5 million francs
09/01/2022
Capital ratio totalled 23.5%, more than the minimum of 12% mandated by Swiss Financial Market Supervisory Authority (FINMA), on the basis of CHF3.06bn of total regulatory capital.
09/01/2022
Both revenue and net profit increased 10.8% and 25.1% from the corresponding period year-over-year
09/01/2022
Private banks in Switzerland experienced a golden year in 2021. Assets under management rose by CHF 373 billion last year.
08/31/2022
SBA publishes Banking Barometer 2022