08/24/2021
BMO Financial Group Reports Third Quarter 2021 Results
Our consistent financial performance enables us to deliver on our vision for a sustainable future.
Wealth and Asset Management
08/24/2021
SEI Expands ETF Strategy Line-up
Strategies Support Goals-Based Approach with Greater Investment Flexibility
08/23/2021
Credit Suisse launches EMD corporate short-duration fund with A-rated PM
The strategy qualifies for Article 8 of the EU Sustainable Finance Disclosure Regulation.
08/23/2021
RBC Wealth Management Cuts Asia Ex-Japan Exposure On China Worries
The combination of Chinese regulatory fervor and the increased threat posed by the Delta variant has led us to reduce our long-recommended allocation of stocks from Asia ex Japan from overweight to market weight.
08/23/2021
Deutsche Expands Wealth Unit in Southeast Asia
Based in Singapore, Concepcion will work closely with clients and relationship managers from the southeast Asia market which is headed by Shang-Wei Chow.
08/20/2021
Saudi wealth fund PIF buys stake in Italian supercar maker Pagani
The companies didn't disclose either the size or the value of the stake
08/20/2021
Credit Suisse Broken by Rule Breaking
Three of these cases are well documented.
08/20/2021
One Swiss Bank records net loss after merger with PB
This originated mostly from the amortisation expense of CHF 2.5m related to goodwill from the merger and will be amortised over five years.
08/20/2021
Hong Kong FinTech - forward into the future
Article from The Wealth Mosaic's APAC Wealth Technology Landscape Report (2021). Written by Benjamin Quinlan, Chairman, FinTech Association of Hong Kong and CEO at Quinlan & Associates
08/19/2021
Goldman Sachs to buy Dutch asset manager
Offers a broad range of equity and fixed income products, with a strong Environmental, Social and Governance (ESG) integration across its business.
08/19/2021
Boris Collardi Blackballed by Pictet «Club»
The the scrappy, young, driven Boris Collardi with an impeccable network of the world’s wealthy and Pictet
08/19/2021
British retailer enters wealth management market
The partnership's target is for 40% of its profits to come from outside retail by 2030.
08/19/2021
Stonehage Fleming launches first Global Sustainable Equity Fund
Since launch, the Fund has already attracted over $106 million in assets from private and professional investors demonstrating clear demand for global sustainable equity strategies.
08/19/2021
Data divide: The financial cost of a disconnected retail and wealth management system for firms and investors
Wealthy investors use credit cards, make payments, and take out mortgages.
08/19/2021
BCV records 10% net profit growth in first half of 2021
Cash inflows drove total assets up by CHF 2.4bn to CHF 55.6bn.
08/19/2021
Martin Gilbert: Asset managers must be paranoid to survive
The sector is estimated to have about $110tn in assets under management. For decades, it has enjoyed material growth in AUM and profits supported by global growth, rising financial markets, and an increasing population of savers.
08/19/2021
Team leaves Geneva private bank before UBP completes purchase
The takeover of Millennium, a fully-owned subsidiary of Banco Comercial Português, is scheduled to be completed in the fourth quarter of 2021.
08/19/2021
Marstone Continues Digital Wealth Management Platform Expansion
Combined effort further supports financial institutions with best-in-breed digital banking products and services
08/19/2021
Credit Suisse: Derailments by unauthorized bankers
Three cases document these derailments very precisely - and show how urgent a cultural change is at the big bank.
08/19/2021
Fifth Third Private Bank launches business transition advisory team
Frieda Rakhman leads team as managing director of strategic client development