07/27/2021
Butterfield Reports Second Quarter 2021 Results
Financial highlights for the second quarter of 2021:
Wealth and Asset Management
07/27/2021
Peter Fanconi and Giorgio Pradelli: “We remain on course to realise our ambitious goals”
After the step change in profitability in the second half of 2020, EFG recorded a further improvement in profits in the first six months of 2021
07/27/2021
Credit Suisse investment bank set for Archegos aftershocks
Credit Suisse's flagship wealth business is expected to ride the wave of frothy markets
07/27/2021
Vontobel Posts Major First-Half Inflow, Profit Growth
Our result underscores Vontobel’s good strategic positioning as a highly specialized, digitally skilled and internationally active investment firm for institutional clients and wealthy private clients.
07/27/2021
Bank of China to Open Geneva Branch
Bank of China is the most globalized and integrated Chinese bank.
07/27/2021
Open Finance: A New Era of Collaboration is Coming
It means embracing better ideas from open minded people and the collaboration of smart companies, so smart ideas are not monopolised and are shared
07/27/2021
Invest Africa and Standard Chartered Private Bank announce strategic partnership
The new collaboration will involve a programme of targeted business development opportunities in key hubs such as London, Dubai and Cape Town
07/27/2021
Diary of a Fund Manager - Silk Road
Those who forecast a permanent return to rising prices, the normal state of affairs in the ‘west’, were left high and dry. If anything we have become more Japanese in recent decades.
07/27/2021
Man Group on BTC: «No Inherent Worth»
Although Ellis noted that Man Group, which has $127 billion in assets under management, does make crypto investments, it was one of «probably 800 markets we trade today on top of 15,000 stocks and thousands of credits».
07/27/2021
UK wealth firm eyes £1bn assets under advice in five years
Company hasn’t ruled out acquisitions as it lays out ambitious growth strategy
07/27/2021
Hightower Makes Strategic Investment in Farr, Miller & Washington
Led by well-known speaker, author and commentator Michael Farr, the Washington, D.C.-based firm has $2 billion in AUM
07/27/2021
Shoosmiths recognised for work in advising HNW clients
Shoosmiths service to high net worth Individuals is extended by the addition of an in-house Private Property team.
07/26/2021
Why Compliance Automation is a Priority for Wealth Management: 5 Good Reasons
Playing catchup isn’t a linear pursuit.
07/26/2021
NBO Launches Wealth Management Portal On Mobile App
National Bank of Oman (NBO) has launched its new wealth management portal, available through the bank’s mobile app.
07/26/2021
Wall Street doubles down on lending ‘cheap money’ to the rich
Combined value of loans made by wealth management units at top US banks in second quarter exceeds $600bn
07/26/2021
Australian wealth manager AMP to revamp financial advice model
It will instead release “institutional ownership from AMP Financial Planning to advisers”, it said.
07/26/2021
St James's Place targets $1m HNW private clients in HK and Singapore
This private client proposition represents a logical next step for us in furthering our engagement with high net worth clients.
07/26/2021
Two more acquisition deals sees Fairstone expand into Yorkshire and Scotland
The Tyneside-based financial advice company has now launched six takeovers through its downstreet buy out programme
07/26/2021
Gary Walker Wealth Management in Dons deal
“After such a difficult period during Covid I wanted to step up my support for the Club to help them fulfil their ambitions.
07/26/2021
Goldman Sachs Asset Management and DWS mulling offers for NN Investment Partners - reports
NN Group ‘reviewing strategic options’ for NN IP since April