04/14/2021
Canaccord Prepared to Raise Offer for RF Capital, CEO Says
The current proposal values RF at C$367 million ($292 million).
Wealth and Asset Management
04/14/2021
JPMorgan profits on capital markets in a cash-flush economy
Similarly, businesses got help from government programs and raised a significant amount of financing, Dimon said.
04/14/2021
Phoenix rising – specialist PR consultancy shortlisted as Finalist in WealthBriefing European Awards
The announcement comes just a few days after judges confirmed the specialist Investment PR firm as a Finalist in the Headlinemoney 2021 Awards.
04/14/2021
Goldman Sachs profit soars on global deals frenzy, trading boom
Total revenue more than doubled to $17.7 billion in the quarter, while financial advisory revenue came in at $1.1 billion.
04/13/2021
Dublin wealth manager Elkstone announces £20m student scheme at Belfast flashpoint
It comes two weeks after a Saudi Arabian fund completed the north’s biggest ever office deal, paying £87m for the completed Merchant Square development in Belfast city centre.
04/13/2021
Credit Suisse Fallen Prey to Supply Chain Fraud?
Credit Suisse is being drawn into a deepening political, economic, and corporate scandal rippling through Britain and Australia, hitting Switzerland and Germany along the way.
04/13/2021
Pacific Asset Management teams with BlackRock to launch five additional multi-asset model portfolios
For large advisers and consolidators, this 90-day commitment speeds up the process of aligning multiple books of business across different platforms into one common firm-wide CIP, significantly reducing integration time, complexity and, as result, regulat
04/13/2021
Forbes Recognizes Sandra Cho as One of America’s Top Woman Wealth Advisors
The Forbes special report highlights top-performing women wealth management professionals across the nation and is based on insights from SHOOK Research, which compiles quantitative and qualitative criteria.
04/13/2021
Wealth Management M&A Activity Hits Record High In First Quarter
The deals represented a 10% increase over the 69 record deals in the fourth quarter of 2020
04/13/2021
Credit Suisse's Billion-Franc Quarterly Wizardry
The 23-year veteran of the Swiss bank now faces the gargantuan task of pulling of a loss of «just» 900 million Swiss francs ($973 million) after a 4.7 billion franc wipeout on Archegos.
04/13/2021
Credit Suisse Returns More Greensill Fund Cash
This brings the total cash it has been able to skim from the blow-up in the $10.1 billion line of funds to $5.4 billion, after an earlier payout.
04/13/2021
Mattioli Woods acquires advice firm for £7m
The complementary product offerings provide scope for potential revenue synergies, while maintaining the strong cultural commitment of both companies to putting clients first.
04/13/2021
Pictet Asset Services expands its activity to Monaco
The team will join Pictet’s banking branch in Monaco, which opened in February 2020.
04/13/2021
Rathbones' launch of multi-asset ESG 'next logical step'
"Advisers are saying to us that they are finding the conversations they are having around sustainability are very positive.
04/13/2021
Wealth management may bring new job riches to Scotland
Wealth management could enjoy a jobs boom in Scotland, with experts predicting national firms are likely to set up regional hubs in the country as part of a post-pandemic recovery strategy.
04/13/2021
Nucleus adds £300m assets in 'best-ever month' for inflows
Gross flows represented a 29.5 per cent increase on the previous quarter, which stood at £494m as sentiment continued to improve and a 9.8 per cent increase on the first quarter of 2020.
04/13/2021
Raiffeisen and ZKB want “transparent” gold
Both banks work together with the Ticino gold smelter Argor-Heraeus.
04/13/2021
deVere United Kingdom and Fidelius enter strategic partnership
The deVere United Kingdom Mansfield office will remain unchanged, with this addition to the network giving Fidelius a total of six UK offices.
04/12/2021
BMO refocuses Wealth Management business for North American growth, announces sale of EMEA Asset Management business
As part of the transaction, BMO and Columbia Threadneedle will also establish a strategic relationship to offer BMO's North American Wealth Management clients opportunities
04/09/2021
Envestnet buys Harvest Savings & Wealth Technologies
This acquisition optimizes our API-based financial wellness ecosystem, and also helps strengthen our foothold to enable embedded finance, which we see as a key driver of the future of financial services.