10/23/2020
Barclays Private Bank CEO Bets on U.S. to Lure World’s Rich
“We have the capacity to source deals in the U.S. that we can bring to Europe,” Gerard, 56, said in an October interview. “We play this card.”
Wealth and Asset Management
10/23/2020
Nucleus recoups pandemic losses
The results show the platform experienced £553m of negative market movements over the nine months as the coronavirus crisis saw global markets tumble.
10/23/2020
Barclays recovers as bad debt charges fall
In the first nine months Group income increased 3% to £16.8bn with pre-provision profits4 increasing 9% to £6.9bn.
10/23/2020
Creative Uses for Captives in a Hard Market: A Practical Case Study
Most captive owners will have a well-established Enterprise Risk Management (ERM) process which is an integral part of managing their business.
10/23/2020
Swiss Private Bank Quintet sets its sights on Asia
In addition to serving as a Director at Edmond de Rothschild Family Advisory in Hong Kong, Zhang Brogle also served as CEO of the Swiss bank’s Hong Kong branch.
10/22/2020
Quilter plc Third Quarter 2020 Trading Statement
Quilter Investment Platform transformation project on track with around 80% of platform assets to be migrated by year-end.
10/22/2020
Wealth Management for High-Net-Worth Individuals
Zoe Financial is the premier network when it comes to matching high-net-worth individuals with their ideal wealth manager.
10/22/2020
Digital and Innovation: Societe Generale strengthens its leadership to co-build the bank of tomorrow with its clients
A long-term strategy based on two pillars: technology and innovation
10/22/2020
AMP Limited Q3 20 AUM and cashflows update
As we move into the second year of our three-year strategy, we are accelerating our business transformation, and continuing to mitigate our legacy issues
10/22/2020
Wealth Management Continues To Shine For Morgan Stanley, Bank Of America Despite Recession
With its 15,469 advisors, the firm reported net revenues of $4.657 billion in its wealth management division which was flat from the second quarter but up 7% from the third quarter of last year.
10/22/2020
AJ Bell reports strong financial year driven by platform business
D2C growth particularly strong
10/22/2020
Wall Street forecasts more asset managers will merge to survive
"After having been through a real scare with the COVID cycle, when there was another big market correction, people realized that it's time to think about where the industry ends up in five years."
10/22/2020
FundCount Wins Best Client Accounting for Third Year in a Row
Comprehensive view of wealth and nested entity control center deliver winning combination
10/22/2020
The benefits of signposting and why SJP acquired Future Proof
‘Either write it or refer it. Do not ignore it’
10/22/2020
SEI Reports Third-Quarter 2020 Financial Results
Words can’t express our appreciation for their efforts, along with all of the healthcare and service providers who look after our health and well-being,” said Alfred P. West, Jr., SEI Chairman and CEO.
10/22/2020
Asset managers in $300bn drive to build private lending funds
Investors switch focus to credit funds as alternative to public markets flooded with stimulus money
10/21/2020
Swiss finance women who only celebrate abroad
Among them are well-known "stars" such as Leda Braga, the boss of the Geneva-based hedge fund Systematica Investments
10/21/2020
Struggling GAM reports more outflows
Firm fully adapted to a flexible and agile way of working for the long term
10/21/2020
UBS Americas Wealth Management Profits Jump
The unit, which focuses primarily on the U.S., reported record third-quarter profit before taxes of $371 million, up 12% from the year-earlier quarter.
10/21/2020
Pictet granted HongKong licence
After the granting of a banking licence to BPSA, the number of licensed banks in Hong Kong is 164.