04/26/2019
UBS Americas’ New Client Money, Advisor Count Slip in ‘Challenging’ First Quarter
Profit at Wealth Americas fell 17% from the year-earlier first quarter to $333 million, but remained UBS’s most profitable geographic wealth unit.
Wealth and Asset Management
04/26/2019
Gresham House battery trust seeks £75m in second fund raising
The company plans pay an interim divident of 1.4p for the period since it launched in November 2018 to the end of March 2019.
04/26/2019
Director/PDMR Shareholding - Close Brothers
This information is provided by RNS
04/26/2019
RBS reports £707m profit in first quarter
In the UK mortgage market, RBS lent £7.6bn in the quarter, bringing their lending in the housing market total up to £150.6bn.
04/26/2019
Swiss Banks collude with Zurich fund data platform to restrict global competition
Anti-competitive agreements uncovered between UBS, Credit Suisse and fundinfo
04/25/2019
PA Wealth Manager Awards 2019
Entries now open for the 2019 PA Wealth Manager Awards!
04/25/2019
Netwealth: Wealth Advisor Creating New Niche
By the same logic, both fintech firm and challenger bank, fall short – advice, rather than technology, is what the business has been built around.
04/25/2019
UBS's Jason Stephens Named to Forbes/SHOOK List of Best-in-State Wealth Advisors
Stephens is dedicated to serving the specialized needs of a limited number of affluent investors to ensure the highest level of attention and responsiveness.
04/25/2019
Robert U. Vogler: «UBS and CS Have Become Even Cheaper»
Will the big Swiss banks soon be taken over by foreign competitors? Robert U. Vogler, a historian who worked for UBS for years, has analyzed the current situation and has come to some surprising conclusions that he shared with finews.com.
04/25/2019
Credit Suisse int'l private bank profits rise but EM stunts inflows
IWM's private bank serves wealthy customers in Latin America, Europe, the Middle East and Africa.
04/25/2019
Wealthy Asians to favour cash and gold, survey shows
In particular, 22% of wealth managers expect the political and economic environment in the country to make it easier for clients to create and protect wealth in 2019, as opposed to merely 11% in 2018.
04/25/2019
RBS boss exits after bumper dividend payment saying job done
McEwan added: ‘After over five-and-a half very rewarding years, and with the bank in a much stronger financial position it is time for me to step down as CEO.
04/25/2019
Inlet Private Wealth launches Inlet Private Wealth & Trust
"Trusts are a regular feature in the highly customised solutions we plan and implement for our clients.
04/25/2019
How Tilney is using advice to drive wealth growth
A former amateur GT racing driver joined Tilney last August
04/25/2019
Deutsche launches Institutional Wealth Partners Group to cater to wealthy clients
WP recently further expanded its Europe capabilities by hiring Zurich-based George Varoutsis, formerly in the UHNWI business at Credit Suisse, to help define IWP's client strategy.
04/25/2019
Coutts London Prime Property Index | Q1 2019
London luxury property prices rise slightly in the last quarter but sales hit a six-year low.
04/25/2019
Investec Private Bank to replace SVR on its fixed rate range
The bank currently offers two, three, four, five and 10-year fixed rate mortgage products
04/25/2019
The big calls 8 wealth managers have made this quarter
We recently asked wealth managers where they were finding the best opportunities in the second quarter of 2018.
04/25/2019
Butterfield Bank To Acquire ABN AMRO Limited
“The aggregate purchase price is approximately £161 million in cash [US$208 million], subject to certain purchase price adjustments.
04/24/2019
$10 trillion custodian Northern Trust is exploring shutting off external email for thousands of its employees as it tries to thwart cyber threats
Northern Trust recently added a global head of data privacy to shape these policies.