10/26/2020
WH Ireland posts first interim profit for five years
Our Wealth Management business has remained operationally robust despite the significant market falls in March
Wealth and Asset Management
10/26/2020
Asia’s Richest Banker Explores Takeover of IndusInd Bank
Billionaire banker Kotak said to mull all-stock acquisition
10/26/2020
IQ-EQ named Best Independent Trust Company in 2020 WealthBriefing European Awards
In selecting IQ-EQ as winner, the judges commented that they were not only impressed by the scale and breadth of our global service offering, but by our innovations in technology.
10/26/2020
Activist shareholder calls for cost overhaul at SJP
SJP has frequently come under fire for its policy of rewarding partners with lavish perks such as cruises
10/26/2020
Icapital Network targets expansion in Europe and Asia
iCapital currently has US$8bnfrom non-U.S. investors, making it one of the largest alternative investment platforms outside the U.S.
10/26/2020
Coutts joins forces with BlackRock for low-fee fund launches
The deal with the $7.8trn (£6trn) asset management behemoth is part of an ongoing strategy to reduce fees for clients.
10/26/2020
UBS to Boost Fixed Pay, Cut Bonuses in Compensation Revamp
At the same time, retaining talent with the promise of large bonuses is getting harder as the Covid-19 pandemic puts a spotlight again on banks’ variable compensation.
10/26/2020
At UBS, Sergio Ermotti Made Boredom Great Again
Ermotti, who had made it within striking distance to replace Alessandro Profumo at Unicredit before being passed over in 2010, had learned to sweat it out.
10/25/2020
EY, Sionic and PwC named Europe's top wealth management advisors
The award for Best M&A Advisor went to PwC
10/23/2020
China sets limits in plan to ease capital controls in Greater Bay Area under cross-border wealth management scheme
Each investor can only invest up to 1 million yuan worth of investment products under the new scheme
10/23/2020
Wells Fargo explores sale of asset management business - sources
The San Francisco-based bank has discussed a potential deal with asset management companies and private equity firms.
10/23/2020
Strategic Ultra-High-Net-Worth Philanthropy
A “push off the starting gate” for strategic ultra-high-net-worth philanthropists ends with a little “pull” into an existing “philanthropic ecosystem” about which they should be wary.
10/23/2020
Barclays Private Bank CEO Bets on U.S. to Lure World’s Rich
“We have the capacity to source deals in the U.S. that we can bring to Europe,” Gerard, 56, said in an October interview. “We play this card.”
10/23/2020
Nucleus recoups pandemic losses
The results show the platform experienced £553m of negative market movements over the nine months as the coronavirus crisis saw global markets tumble.
10/23/2020
Barclays recovers as bad debt charges fall
In the first nine months Group income increased 3% to £16.8bn with pre-provision profits4 increasing 9% to £6.9bn.
10/23/2020
Creative Uses for Captives in a Hard Market: A Practical Case Study
Most captive owners will have a well-established Enterprise Risk Management (ERM) process which is an integral part of managing their business.
10/23/2020
Swiss Private Bank Quintet sets its sights on Asia
In addition to serving as a Director at Edmond de Rothschild Family Advisory in Hong Kong, Zhang Brogle also served as CEO of the Swiss bank’s Hong Kong branch.
10/22/2020
Quilter plc Third Quarter 2020 Trading Statement
Quilter Investment Platform transformation project on track with around 80% of platform assets to be migrated by year-end.
10/22/2020
Wealth Management for High-Net-Worth Individuals
Zoe Financial is the premier network when it comes to matching high-net-worth individuals with their ideal wealth manager.
10/22/2020
Digital and Innovation: Societe Generale strengthens its leadership to co-build the bank of tomorrow with its clients
A long-term strategy based on two pillars: technology and innovation