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.
Wealth and Asset Management
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.
03/06/2020
AFH set to return to adviser acquisition trail
The company acquired eight adviser firms during 2019 but said last year it would focus more on organic growth in the short term.
03/06/2020
StanChart's private banking grows 12%
Overall, the lender said annual pre-tax profit was up 46% at $3.7bn for the year, although this was slightly below analyst expectations.
03/06/2020
Surprise US fed cut to weigh on OCBC's NIM
OCBC’s wealth management income has been steadily growing since its acquisition of the Bank of Singapore, and this trend is expected to be sustainable.
03/05/2020
LatAm giant Sura targets Brazil for wealth push
The plan is to enter Brazil with Investment Management, its distribution arm in charge of institutional clients.
03/05/2020
Star Banker Collardi’s Past Causes Tension at Bank Pictet
Pictet’s leadership is closely monitoring the situation, the people said.
03/05/2020
Hotpot Queen Opens Family Office in Singapore to Manage Wealth
What started as a humble family business in 1994 is now a food-service giant with almost 600 outlets spanning Beijing to New York.
03/05/2020
Schroders profit falls as investors turn their back on equities
Our strategy is to build closer relationships with our end clients in Wealth Management, to expand our capabilities in Private Assets and to grow our asset management business through Solutions.