05/28/2021
Newly listed wealth manager buys London adviser
The firm will be integrated into Oberon’s wealth management division following the acquisition.
Wealth and Asset Management
05/28/2021
Greensill: Credit Suisse Ignored Warnings
It didn't stop there: when investment bankers in the trade finance department learned that companies controlled by Gupta were granted more than $10 billion in credit through a series of investment funds, they alerted compliance executives, according
05/28/2021
The former UBS and JP Morgan heavyweights shaking up private banks across Europe
The company may be a new name in the Square Mile, its management team certainly is not as it consists of some well-known faces in the City and Canary Wharf.
05/28/2021
Utmost Group sees year end assets leap 22% to over £36bn
Utmost Group, which aims to complete the purchase of Quilter International by the end of this year, unveiled assets under administration of £36.7bn at 31 December 2020, compared to £30.1bn at the end of 2019 on the back of the Equitable Life a
05/28/2021
Ocorian listed in eprivateclient’s 2021 Tier 1 Top Trust Companies
The ranking recognises the astounding growth the business has achieved, now 1,200 people across 16 locations with assets under administration of more than £260bn.
05/27/2021
Hawksmoor consolidates during 2020
Sarah Soar described this as “a very satisfactory result” following such a strong year in 2019, and with the Company having to adapt very rapidly to remote working during 2020 due to COVID-19.
05/27/2021
HSBC Exits U.S. Retail Banking to Target Wealth Business
HSBC will continue investing in US international wholesale banking franchise
05/27/2021
Mercer Advisors Acquires ET George Investment Management
Acquisition of ET George Investment Management, LLC (Registered Investment Adviser), Opens Mercer Advisors' Presence in Mississippi
05/27/2021
For Some Credit Suisse Bankers, WFH Nearing End
Credit Suisse's return in the U.S. coincides with that of other Wall Street bank.
05/27/2021
Fairstone planning further growth after sterling asset management deal
“We invest in forward-thinking firms to optimise their capital value, providing the framework they need to significantly grow their business, without compromising on client service or independence.
05/27/2021
Wall Street Makes Big Moves to Cater to Wealthy Chinese Investors
France’s largest asset manager, Amundi (AMUN: France), began operations with Bank of China’s (3988.Hong Kong) wealth management subsidiary in September, with the former holding 50.1%.
05/27/2021
JPMorgan’s $1 Billion Brother-Sister Team Leaves to Start Own Wealth Firm
The siblings, who have worked together for six years, first at Credit Suisse Group AG’s private-banking group and then at JPMorgan Securities’s Chicago office, often invest together on private deals.
05/27/2021
Fairstone snaps up asset management firm
The firm has four directors, Simon Knighton, Mark Houldey, Andrew Rastrick and David Hindle.
05/27/2021
Three IAMs join forces to found WM and plan expansion
The Geneva-based company, which has been existing in its current form since 1 January, has over CHF 600m in assets under management, as AGEFI first reported.
05/27/2021
The best wealth managers in Jersey
Jersey is also home to a number of global and institutional investment houses as well as several boutique service providers.
05/27/2021
The best wealth managers in Guernsey
Guernsey is renowned for its stability, which is important for investors who want to take advantage of the island’s attractive tax regime and trust opportunities.
05/27/2021
Charles Stanley’s profits dip
Our transformation and restructuring programme has resulted in continued operational efficiencies and productivity so we are coming out of the pandemic strategically and operationally stronger.
05/26/2021
Two UBS Advisors Named to Forbes/SHOOK Top Women Advisors List
Courtney is a Managing Director at UBS and she and her team serve the diverse and dynamic needs of high-net-worth individuals, families, foundations, and businesses.
05/26/2021
GAM Opens New Singapore Office
The establishment of an office in Singapore, together with [Bong's] appointment, represents an important strategic step for the firm,» said GAM’s group CEO Peter Sanderson.
05/26/2021
Credit Suisse Discusses Gupta Standstill Agreement
Credit Suisse had taken steps against Guptas companies in recent weeks and demanded that some be liquidated in the hope that it would be able to repay its fund clients. GFG still owes Credit Suisse $5.2 billion.