03/10/2020
JPMorgan to cut up to 140 jobs in Switzerland: Source
Over the past year, JPMorgan has shifted a number of jobs to cheaper locations in order to cut costs.
Wealth and Asset Management
03/10/2020
US private equity giant completes national wealth firm buy
Carlyle Group has completed its buyout of Harwood Wealth Management after receiving a green light from the court.
03/10/2020
Deutsche Bank joins forces with wealth management software firm
Deutsche Bank’s Wealth Management business and the fintech QPLIX have agreed to cooperate on the growing business with asset managers, family offices and other financial institutions such as pension funds.
03/10/2020
US TO UK: Why the Karger Brothers of Twinfocus Capital Opened their Second Family Office in London
CampdenFB asked the Karger brothers what they had to do to branch out across the pond, what US and UK family investors are searching for and how families can mitigate the predicted global economic downturn.
03/09/2020
‘Rogue’ St James’s Place adviser cost us £1.3m
A representative of SJP got savers to back an unregulated firm that later went bust. Ali Hussain reports
03/09/2020
Stuck-at-Home Millionaires Boost Trading at Private Banks
The trading surge has helped dull the pain of a health crisis that has otherwise frozen parts of their Asian banking businesses, from mergers to initial public offerings, and grounded investment bankers across globe.
03/09/2020
JPMorgan CEO 'recovering well' after heart surgery
"It was caught early and the surgery was successful," the bank said in a statement.
03/09/2020
Canaccord's David Esfandi Named as CEO of the Year
Leading UK Wealth Management companies and individuals working in the sector, presented with awards at The Guildhall in London by Natasha Kaplinsky.
03/09/2020
Pictet Gets More Than It Bargained For
The tipping point for the Pictet partners was an unusually aggressive tone from the Swiss supervisor, Finma.
03/09/2020
Stuck-at-Home Millionaires Boost Trading at Private Banks
The trading surge has helped dull the pain of a health crisis that has otherwise frozen parts of their Asian banking businesses, from mergers to initial public offerings, and grounded investment bankers across globe.
03/09/2020
Harwood Wealth acquisition gets green light
This was an increase on the £32.7m of revenue reported for the previous year and followed a string of acquisitions in recent years.
03/09/2020
Wealth of Singapore’s big three banks grew 18% in 2019
The SGX report pointed out that Singapore has established itself as a top private banking and wealth management hub regionally and globally.
03/09/2020
Harwood Wealth acquisition gets green light
Harwood shareholders will be entitled to receive 145p for each share, valuing the entire deal at £90.7m.
03/09/2020
Lombard Int'l assets reach €48bn as group hails 'record year'
As the Group continues to grow and evolve, I am pleased to welcome Stuart Parkinson, who will join us on 1 April 2020, as Group Chief Executive Officer.
03/08/2020
He's back... disgraced Neil Woodford plots £500m private fund - to buy back some of the unquoted biotech stocks that helped topple his empire
Woodford would manage the money privately for his new backers.
03/06/2020
Coutts partners with BGF for female venture capital fund
Coutts has launched a new fund with BGF to allow entrepreneurs access to growth capital, with a specific focus on female founders.
03/06/2020
One year on, progress on Rose Review continues with development of The UK Enterprise Fund
Announcing that Coutts is working with BGF to develop The UK Enterprise Fund, is a pivotal moment for the Rose Review
03/06/2020
Credit Suisse Chairman Wangling for More Time?
The bank has an orderly succession plan in place for him.
03/06/2020
Annual Results 2019
We will maintain a focus on active, responsible investing to create better outcomes for our clients.
03/06/2020
499 Kenyans fall off the list of dollar millionaires
The shifts emerged in a year of relatively hard economic times in the country, which has resulted in a drop in corporate profits that has seen thousands of people lose their jobs and cut dividends from firms owned by the wealthy.