07/29/2020
Deutsche Bank posts second-quarter net loss
Pre-tax profit of 753 million euros, versus loss in prior year quarter
Wealth and Asset Management
07/29/2020
Value of Jupiter’s takeover of Merian falls to £240m
Both fund managers report lower profits and assets after agreeing deal in February
07/28/2020
Baloise Asset Management acquires stake in Tolomeo Capital
The focus of this strategic partnership is not only on the collaborative development of products and solutions.
07/28/2020
LVMH – down but not out
Despite cost saving measures, the lower sales meant operating profit stood at €1.5bn, compared to €5.2bn in the same period last year.
07/28/2020
DeVere Group-backed IFA network launched in Europe
It will use the firm’s licence in Spain and ‘initially’ operate across the continent
07/28/2020
Space tycoon Charlie Ergen to invest £39m in Oneweb
Space tycoon Charlie Ergen to invest £39m in satellite broadband firm rescued by Government
07/28/2020
A property wealth tax is the only fair way to pay for the Covid-19 crisis
Consequently, government debt could reach £2.2 trillion this year — a peacetime record — with perhaps an additional £250 billion next year.
07/28/2020
Vontobel achieves good result for first half of 2020
Vontobel recorded renewed growth as a result of its investment solutions – thus countering the global trend.
07/28/2020
St James's Place first-half inflows top estimates, sees momentum building in fourth-quarter
“The first half of 2020 has been an extraordinary period, both here in the UK and across the world, as the COVID-19 pandemic has profoundly impacted all our lives.
07/28/2020
BMO Private Banking Named Best Private Bank in Canada for 10th Consecutive Year
"Looking forward, we are focused on delivering best-in-class experiences to our clients and continuing to evolve our products and services to help clients achieve real financial progress."
07/28/2020
CIBC Asset Management launches two global equity ETFs Français
This ETF intends to provide investors access to international opportunities that are not readily available in Canada or the United States.
07/28/2020
UBS Advisor Xi Qiao Ranked as the #1 Next-Generation Wealth Advisor by Forbes and SHOOK Research
Recognition of an exceptional career in Financial Services
07/28/2020
HSBC launches ESG solutions team
This new group will work with all our bankers across sector, product and geography to assess client needs and deliver actionable solutions which are in the best interests of our clients.”
07/28/2020
Stock Take by St. James’s Place
The journey to achieve your goals isn’t always easy.
07/28/2020
Back to the Future by Oppenheimer & Co.
The effects of the Covid -19 resurgence on economic activity will be of key interest to investors this week.
07/27/2020
Hong Kong’s Push to Lure Family Offices
“The reason why we recommend giving tax incentives to family offices for them to base here is to create social benet to Hong Kong including job opportunity,” he told the Standard.
07/27/2020
The message behind gold's rally: The world economy is in trouble
Analysts have been predicting huge upside for gold for several months
07/27/2020
High Net Worth buyers borrow £3.1bn so far in 2020
With lockdown restrictions starting to ease around the world, it isn’t just the average homebuyer that is returning to the fold.
07/27/2020
Vontobel opens advisory office in Milan and hires WM head for Italy
As a listed company with a strong family shareholder base, Vontobel symbolizes financial stability and transparency.
07/27/2020
Baloise AM acquires minority stake in Zurich quant firm
Tolomeo was founded in 2011