04/16/2020
While Reed’s medical expertise came as an administrator in the field of spinal medicine, his research background lent itself to relationships with epidemiologists who he says have long been warning about the chances of a global pandemic.
04/16/2020
The firm further noted that it will offer customised advice depending on each customer’s short-term liquidity requirements and long-term goals.
04/16/2020
They include Banque Cantonale de Geneve and St. Gallen and Zurich's cantonal banks (the latter is listed as systemically relevant alongside UBS and Credit Suisse).
04/16/2020
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04/16/2020
Harrison said the firm was “resilient” in the face of “this period of extreme market volatility”.
04/16/2020
"Current trading is challenging, and at this exceptional time, it is difficult to predict what the outcome for the 2021 financial year might be"
04/16/2020
The speed at which the impact of COVID-19 and governments' reactions to the virus in the shape of lockdowns have been felt across the world is part of what makes the crisis so unique.
04/16/2020
The new transaction structure would feature a "material" new equity investment and therefore a significant reduction in the external debt levels of the combined group.
04/15/2020
After a flat budget for fiscal years 2016 through 2018, funding was increased in 2019 to $1.68 billion.
04/15/2020
Three wealth managers tell us how they are promoting their companies to attract new clients.
04/15/2020
With the virus outbreak still in full swing, some Western nations are already mulling a relaxation of lockdown.
04/15/2020
Bank of America reported first-quarter earnings on Wednesday that beat analysts' revenue expectations but fell short of their earnings per share forecasts.
04/15/2020
“Revenues increased in investment banking, global markets and consumer and wealth management. However, the bank took a bath in asset management.”
04/14/2020
GAM remains committed to its existing strategy and will provide a further update at the half-year results due for release on 4 August 2020
04/14/2020
The Board of Directors took the decision despite a robust performance in the first quarter and a continued solid capital and liquidity position.
04/14/2020
“The private sector is likely to respond to the highest bidder for many of these supplies, that’s just business.”
04/14/2020
After finishing 2019 on a high, the pandemic provided an unexpected shock for markets in the first quarter of 2020
04/14/2020
The firm suggests to build exposure slowly to the asset class as it expects the global economy to recover during the second half.
04/14/2020
That’s a company that’s basically 10x’d their market cap.
04/13/2020
Even if revenues are boosted temporarily, the overall impact on private banking will be disruptive