10/28/2024
UBS to complete Credit Suisse client migration in 18 months, CEO says
UBS CEO Sergio Ermotti said the migration of Credit Suisse clients onto the UBS platform has started and is complex.
Wealth and Asset Management
10/28/2024
Citi brings game-changing digital solutions to wealth management and institutional banking
Cross-sector collaboration among key players in the fintech ecosystem is transforming the client experience
10/28/2024
China Targets Offshore Income: Implications for Private Bankers
Recent developments reveal that the Chinese authorities are focusing on overseas investment gains, with tax officials summoning high-net-worth individuals for assessments.
10/28/2024
UAE's economy to grow over 5% in 2025: UBS Wealth Management
The IMF recently maintained its forecast for the UAE’s GDP growth at 4%in 2024
10/28/2024
Rising investment returns ensure growth in the Swiss fund market
This is the fourth quarter in a row that the Swiss fund market has grown and reached new highs.
10/28/2024
Board of Directors of GAM Holding AG announces terms of rights issue
GAM intends to use the net proceeds from the Offering primarily to repay existing financial indebtedness (1) and to use the remaining amount for general corporate purposes to ensure long-term financial stability and financial support.
10/28/2024
The federal government and cantons can still hope for a SNB payout
This should also make it more likely that the SNB will again make distributions to the federal government and the cantons.
10/28/2024
Maerki Baumann establishes Middle East Hub in Abu Dhabi
The focus of the new Middle East Hub will be on tech corporate customers in the Gulf region who rely on blockchain technology or crypto applications.
10/28/2024
Amundi breaks into top ten Swiss fund providers
The Credit Suisse takeover by UBS resulted in changes in market structure, according to the Asset Management Association Switzerland.
10/28/2024
Private banking up for NatWest in Q3 2024
NatWest Private Banking produced a return on equity of 19.7% and an operating profit of £90m in Q3 2024.
10/28/2024
ABG Sundal Collier delays launch of private bank again - Di
The company has been developing the service for a two-year period, and announced in the spring that the launch would take place this fall. But now this is delayed until the beginning of next year.
10/28/2024
Advising the new generation of private clients – modern entrepreneurs and wealth creators
An important factor for the new generation to consider is succession planning.
10/28/2024
Odey Wealth Management enters liquidation
Odey Wealth Management’s registered address was also changed to Evelyn Partner’s office from the temporary office that Odey AM had occupied after it departed its Grosvenor Square headquarters last year.
10/28/2024
Stonehage Fleming chair Anton Sternberg on going from James Bond to global adviser
Stonehage Fleming’s clients include the descendants of the famous spy’s creator. But the wealth manager’s UK chair says it eschews glamour in favour of the fundamentals
10/25/2024
BNP Paribas WM holds two-day next-gen event in Hong Kong
Private banks in the region are relaunching or rolling out their next-gen programmes across key cities to be best positioned during the big wealth transfer across generations.
10/25/2024
Billions of potential – How banks win the next generation of investors
Financial institutions must move away from standardized products and towards personalized services in order to continuously and proactively support investors in achieving their individual goals.
10/25/2024
Broadridge Announces Distribution Insights for Asset Managers on Salesforce AppExchange
Broadridge customers can now benefit from expanded metrics and analytics to increase sales conversion rates and grow revenue
10/25/2024
UBS: CS Client Migration Could Finish in 2026
The migration of clients from Credit Suisse to UBS should take another 18 months
10/25/2024
Moody's Recognizes EFG's Progress
The rating assessment reflects EFG's progress in areas such as capitalization and profitability.
10/25/2024
Luzerner Kantonalbank quarterly financial statements
For the entire 2024 financial year, LUKB expects a consolidated profit "at the upper end" of the profit forecast, which was increased to CHF 270 to 285 million in June 2024.