08/20/2020
Wealth management in Hong Kong, Singapore hits snag with bankers stuck at home
Already, the likes of UBS Group and JPMorgan Chase & Co have seen the growth of new money in Asia take a hit.
Wealth and Asset Management
08/20/2020
Morgan Stanley duo establishes advice boutique
The duo is joined by Ryan Loehr, who worked as an associate adviser initially at Morgan Stanley with the two.
08/20/2020
UBS revamps wealth unit structure to free up billions for loans
Rigi partially rolls back measures from the 2008 financial crisis, when Switzerland told UBS to create separate legal entities that would be insulated in the event of a surprise bankruptcy.
08/20/2020
BCV's dividends rise despite 13% net profit drop
CHF 1.1bn of Swisscanto funds were transferred to ZKB.
08/20/2020
EFGAM prepares another FMP launch
The HK asset management arm of Zurich-based EFG International plans to launch its second fixed maturity product (FMP) this year.
08/20/2020
Hang Seng IM, Ping An AM eye wealth connect pilot
Both firms will combine their investment management capabilities to launch a mixed-asset product in Hong Kong.
08/20/2020
Asia Wealth Management Hits Snag With Bankers Stuck at Home
They’ve focused instead on a trading boom among existing clients.
08/20/2020
Julius Baer partners with Beijing WM Institute
The institute was established through the support of the Beijing Municipal Government and Tongzhou District Government.
08/19/2020
VP Bank sees boost in operating income
As of 30 June 2020, custody assets amounted to CHF 6.4 billion, this represented a drop of CHF 0.5 billion from the level of 31 December 2019.
08/19/2020
Thurgauer Kantonalbank shows Stability
Thurgauer Kantonalbank achieved solid results in the first half of 2020.
08/19/2020
Leaving the management of Bank Linth
He is also deputy to CEO David Sarasin and has been responsible for the service center and facility management since the beginning of this year.
08/19/2020
HNW Life Insurance Guide for Financial Professionals launched
A practical handbook to support financial advisors in understanding the unique features of HNW life insurance and how it can help their customers' grow and protect their wealth
08/19/2020
Raiffeisen’s profit falls despite higher income and lower expenses
The company took CHF 75m to strengthen reserves as protection against volatility during the ongoing pandemic.
08/19/2020
StanChart declared best Wealth Management Bank in Ghana at Global Business Outlook Awards 2020
"Our highly skilled and professional local advisory team, coupled with our network of investment specialists, leverage our open-architecture model to help clients assess a comprehensive range of Wealth Management solutions.”
08/19/2020
Swiss Private Banking: A Crisis Too Many
The McKinsey data illustrates the trio of woes to befall the industry: lack of growth, dwindling revenue, and a rigid cost base.
08/19/2020
Vontobel Asset Management launches GBP share class of global investment grade credit fund
The fund invests in high credit-quality issuers in order to generate income over the long-term.
08/18/2020
Fjell Capital Joins Sanctuary Wealth
$150 Million Advisor in Fargo breaks from UBS for Partnered Independence
08/18/2020
Edinburgh private bank Hampden & Co defies Covid with double-digit increases
The bank said it had continued to build its client base during lockdown.
08/18/2020
S.P. Hinduja Banque Privée announces the launch of two new funds
The products are aimed at the next generation of global, entrepreneurial investors, who understand that ESG standards of companies are a key driver for long-term value creation and business sustainability.
08/18/2020
Tier One Capital owners add £12m to property pipeline
The firm reported a stronger than expected first quarter, despite turbulent financial trading conditions and the lockdown period.