04/11/2019
Technology: the M&A Influencer
Data integrity and well-documented processes also ease the transfer of a firm’s business to new owners and the onboarding of new users.
Wealth and Asset Management
04/10/2019
China may approve foreign-owned wealth managers raising public funds in 2021
The firm will apparently suspend new issues of private funds and has started selecting vendors for the public fund product.
04/10/2019
How did Bernie Sanders make his money? A look at his wealth and assets
Until he releases his tax returns, here’s a look at what is already known about the senator’s income and assets.
04/10/2019
Massive Impact on Wealth Management App Market Globall0y To 2025
It has been summarized with a blend of primary and secondary research techniques.
04/10/2019
Annual General Meeting of Julius Baer Group
The Financial Statements and Consolidated Financial Statements 2018 were approved and the Remuneration Report 2018 was approved in a consultative vote.
04/10/2019
MUFG looks to acquire more asset managers
MUFG has been the most aggressive Japanese lender in snapping up overseas assets, as it diversifies business and expands in markets such as Southeast Asia to counter rock-bottom interest rates at home.
04/10/2019
Carlyle-backed art finance business sold for $170m
thena Art Finance to be acquired by Soros-backed investment platform YieldStreet
04/09/2019
Credit Suisse under fire from proxy advisers for CEO bonus
Glass Lewis's recommendation in the non-binding vote comes as Swiss ethical investment proxy adviser Ethos also urged shareholders reject the pay report.
04/09/2019
JP Morgan Makes Big Wealth Management Push
Wealth management is a very good business if you can get assets, and it seems like JP Morgan is waking up to the fact that it has a better opportunity in the area than it formerly realized.
04/09/2019
Private banking is more than just banking
Private banking, at its heart, is not just about banking.
04/09/2019
Assante Private Client reduces management fees
Additional changes allow for more flexible and tax-efficient use of distributions in non-registered accounts.
04/09/2019
Corry Capital Advisors Selects Northern Trust
Northern Trust will provide fund administration and depositary solutions for CCAs new Irish Life Settlements Irish Collective Asset-management Vehicle
04/09/2019
Two European institutions lay claim to the title, but which one is the world’s oldest bank?
The growth of trade and a monetary system across Renaissance-era European society created a demand for institutions that could store personal and commercial assets securely, and even make loans to people in need of a cashflow boost.
04/09/2019
Deutsche Bank’s Wealth Unit Reveals Big Plans to Win UHNW and Family Office Clients
The company has named Todd Stevens as global head of the new unit and Dan Kaiser as regional head for the Americas, Deutsche Bank says.
04/09/2019
A model example: How wealth firms deviate from the norm; Private assets' public revival
Some material differences: the average Balanced model has much less fixed income exposure than the DP allocation midpoint
04/08/2019
Deutsche WM launches investment team for wealthy clients
This is one of the latest developments at Deutsche's wealth arm, which recently hired HSBC's head of international private banking Rui Forcada and three Brazil-focused private bankers.
04/08/2019
Kasikorn Asset Management: Broadening the Offerings, Distribution and Digital Capabilities
It is the first multi-asset guaranteed fund, with Amundi and Credit Agricole, their parent bank, as the guarantor.”
04/08/2019
Marc Buerki: «Swissquote Will Open a Branch in Singapore»
At the start, our team will be small, with 4 to 5 members of staff only, but once the revenue is coming in, we will for sure expand.
04/08/2019
Foreign investors own 60% of Swiss corporations
In contrast, the seven largest Credit Suisse investors alone hold a 35% stake, according to NZZ.
04/08/2019
Rare Do-Good Loan in Asia Flags Chance of Growth for Tiny Market
It’s offering a margin of 135 basis points over the base rate, and that can drop by as much as 5 basis points from the second year if it keeps a top score on its sustainability performance.