09/23/2019
Sanlam UK completes acquisition
The amount paid for Thesis is undisclosed.
Wealth and Asset Management
09/23/2019
Geneva WM takes stake in structured products firm
Synergies between companies in our field are common – this combination will allow us to offer our customers a more competitive proposition with the most integrated value chain possible.
09/23/2019
Private banks take biggest hit to profits since credit crunch
Industry profit fell 8% to £13.5 billion last year as it is warned it needs ‘fundamental transformation’ in order to survive
09/23/2019
People want sustainable investments so why aren't they doing it?
GenX-ers are also more likely to say they their individual investments could have a direct impact in contributing to a more sustainable world (64%) compared to millennials (60%) and baby-boomers (57%).
09/23/2019
Goldman Sachs Is Taking Another Stab at Serving Europe’s Rich
Bank plans to hire more than 30 wealth advisers in three years
09/22/2019
Investec makes €20m gain from sale of wealth management wing to Brewin Dolphin
The combined businesses will become Ireland’s third largest wealth manager, with €4.6bn under management.
09/20/2019
How Wealth Managers are Attracting the Ultra Rich
A key reason banks are interested in managing money for the ultra rich is profit.
09/20/2019
Wealth management could soon cost less than you’d think
Costs are falling — but it still looks far more expensive than it should
09/20/2019
IIFL Wealth hits the roof on listing
IIFL Wealth Management, the demerged entity of IIFL Finance
09/20/2019
CII apologises for St James’s Place exclusive training deal
Qualification will now be available to all members during the pilot launch
09/20/2019
Credit Suisse to charge wealthy for Swiss franc holdings
Swiss banks are looking to mitigate the costs of deepening negative rates, which result in them paying to park their excess cash with both the European Central Bank and the Swiss National Bank.
09/20/2019
Warren's wealth tax could create compliance challenges
Economists determining how much someone is worth could lead to contentious standoffs between taxpayers and the IRS
09/20/2019
Michelin-starred chef Peter Fiori launches Coutts bank’s first ever cookbook
Proceeds from sale of the volume, by Coutts head chef Peter Fiori and called ‘The Skyline Garden Cookbook: From Harvest to Plate’, will go to The Felix Project for the next week.
09/20/2019
As the rugby world cup kicks off, should you be investing in Japan?
Legg Mason Japan Equity is for those seeking the potential flair and class of an international winger.
09/20/2019
Quilter lends £25m to fund deals as M&A accelerates
Quilter loans member companies the capital to fund purchases of other advice companies in its network and connects sellers with buyers without a charge and with the offer of a free valuation.
09/20/2019
Investec issues profit warning as wealth restructure hits earnings
Investec has warned that profits over the six months to the end of September are likely to fall on ‘challenging’ conditions
09/20/2019
UBS bets on China’s Nasdaq-style exchange to offset a ban in Hong Kong: sources
The contribution may reach 50 per cent as soon as next year, with the bank working on two first-time offerings that may raise up to three billion yuan (S$582.5 million), they said.
09/20/2019
HSBC Plans PR Blitz to Win Over Beijing
Bank aims to ‘enhance reputation’ amid fallout from Huawei
09/20/2019
Credit Suisse Eyeing UBS for New Chairman?
The move would represent a surprising twist in the 56-year-old's career.
09/19/2019
UBS Advisor Named to Barron's 2019 List of Top Financial Advisors
This is Kilgroe's sixth consecutive year on the list.