01/15/2021
JPMorgan, Nation’s Largest Bank, Posts Record $12.1 Billion Profit–Shattering Expectations Despite Pandemic Highs
The financials industry was one of the hardest-hit sectors during the pandemic
Wealth and Asset Management
01/15/2021
The impact of Covid-19 on private banks: an interview with Patrick Odier
Proximity, trust, the right values and investment strategies are needed.
01/15/2021
Hill Investment Group to Join Focus as a Partner Firm, Further Strengthening Focus' Presence in the Midwest
Hill is respected as one of the outstanding boutique, evidence-based firms in the country.
01/15/2021
Mattioli Woods acquires BDO business
The EPUT business’s experienced team of three employees will join Mattioli Woods and operate from the Group’s existing office in Belfast.
01/15/2021
How firms should handle Spacs as they eye wealth management
Though they have been around in some form since the 1990s, Spacs have grown in popularity in recent years.
01/15/2021
REYL & Cie Fund Representation Solutions expands its activities for foreign investment funds
With this authorisation, REYL & Cie is now one of just a few actors in the market able to offer, under one roof, combined representation and paying agent services for all foreign funds that target institutional, professional and private investors in S
01/15/2021
Citigroup Q4 profit down 7%, revenue drops by 10%
Net Income of $4.6 Billion ($2.08 per Share)
01/14/2021
Citi Unifies Global Wealth Management Business
“Citi Global Wealth” to Deliver Full Spectrum of Products and Services Globally
01/14/2021
BNP Paribas Securities Services extends its initial margin services to Asia Pacific
These include risk factors and initial margin calculations, exposure management, exchange of initial margin calls and a triparty collateral management solution with segregated custody arrangements.
01/14/2021
Fidelity launches UK wealth management arm
Fidelity Wealth Management will offer investment and retirement services.
01/14/2021
Nick Train singles out Schroders as he targets burgeoning private wealth space
Schroders, M&G and Fidelity have all made plays in the wealth management space
01/14/2021
Brooks Macdonald hits record £15.5bn as outflows narrow
Brooks’ assets under management rose by 13.6% in the final three months of the year as outflows moderated.
01/14/2021
EFG readies AT1 with eye on capital enhancement
The AT1 is being launched in conjunction with an any-and-all tender offer for EFG's US$400m 5% Tier 2 notes, which mature in 2027 and are callable in April 2022.
01/14/2021
Quilter CEO reflects on year of change
As with many wealth managers in the Covid-19 era, the FTSE 250 group reports having grown trust and engagement with its existing client base, but has struggled to win new investors amid lockdown measures and social-distancing rules.
01/14/2021
Pictet sells headquarters to Deka and plans new 'campus'
The transaction is subject to approval by local authorities.
01/14/2021
Lugano wealth managers enter strategic partnership
The management teams will collaborate closely, under Michele de Michelis’s lead.
01/14/2021
Top 10 Predictions for Wealth Management in 2021: Aite Group
Pirker predicted a continuation of digital transformation trends in 2021.
01/14/2021
Arbuthnot Latham Adopts White Label Technology From smartTrade
Arbuthnot Latham was looking to integrate a solution into its existing offering which would be user-friendly and practical for clients whilst meeting the bank’s requirements for functionality and security.
01/14/2021
With recovery comes opportunity
We are optimistic for corporate credit’s medium-term outlook and we like the carry aspect it provides.
01/14/2021
70% of finance industry say their firm lacks ESG commitment
Only two-in-10 professionals believe their company is dedicated to ethical finance policies