03/20/2019
Janney to acquire FIG Partners
The transaction, expected to close in the second quarter, is Janney’s second investment bank acquisition in less than 12 months, following the addition of HighBank Advisors in May 2018.
Wealth and Asset Management
03/20/2019
The Expanding Role of Culture in Search and Succession
Culture analysis is a critical action for a company to take — and a complex one, as well.
03/20/2019
UBS sounds pessimistic note on 2019 as first quarter revenues fall
“At this point I still believe we can achieve returns at least in line with last year’s,” Ermotti said of the group.
03/19/2019
Performance in UK to give Investec a boost
The bank and wealth business was expected to report results ahead of the prior year, while the asset management business was likely to report results slightly below the prior year.
03/19/2019
Aligning Global Capabilities, Regional Expertise and the Personal Touch in Asia
Masclet met with Hubbis to recount his evolution to his current role as Asia CEO and Singapore branch manager, and to explain why the group is so intently focused on growing the Asian operations, and how that can be achieved.
03/19/2019
Ex-Brown Shipley Edinburgh boss Graham Auld dies
'Graham will be remembered fondly by all those colleagues who worked with him for his colourful personality that shone through in everything he did.
03/19/2019
Australia's Westpac exits financial advice, takes charge to shake up wealth unit
It did not provide a deal value for the sale, but said it would take a restructuring charge of up to A$300 million ($213.2 million) that would be partially offset by the proceeds and A$20 million in productivity savings by 2020.
03/19/2019
Abu Dhabi to revive sale of 1MDB-tarnished assets of Falcon Private Bank
The bank had held unsuccessful talks with potential buyers last year, people familiar with the matter said.
03/19/2019
Billionaire Neilson sells down stake in fund manager he co-founded
Mr Neilson will have voting control over 42.97 per cent of the company.
03/19/2019
Simplifying your wealth structure
Certain financial information collected by financial institutions around the world is required, by law, to be reported to the tax authorities.
03/19/2019
Asset management: inside the scandal that rocked GAM
A bitter dispute has provoked the departure of chief executive and a star fund manager
03/19/2019
Hong Kong voted world's top international financial centre
BVI recorded growth in new incorporation volumes, with 11.2% in the first nine months last year.
03/19/2019
Westpac's Hartzer concedes defeat with exodus from financial advice
Westpac is shedding its salaried and aligned advisers as part of a restructuring of the group that will see its residual wealth and insurance businesses transferred into its business and consumer divisions.
03/18/2019
UBS Pays Top Bankers More Million-Plus Bonuses: NZZ
On average, the elite bankers at UBS each received 1.8 million francs per year in compensation, NZZ said.
03/18/2019
Wealth managers must embrace chat applications to engage with clients
Consequently, wealth managers should focus on other communication channels.
03/18/2019
Julius Baer Group: Publication of the Annual Report
The documents are available online
03/18/2019
LGT Acquisitions Help Boost Profit
LGT is confident that with its internationally broad-based business and strong position in well-diversified client markets and asset classes, it will continue to achieve profitable growth in 2019 even under uncertain market conditions.
03/18/2019
New private client and fund administration group has launched
The new business, which is headquartered in Guernsey, employs 160 people across the five jurisdictions.
03/18/2019
Swiss Spring Market update
Profitability and revenue multiples increasingly an adopted metric for valuation
03/18/2019
On Asian Billionaires' Shopping List: A Swiss Private Bank
Sometimes, a family-owned private bank may see mergers-and-acquisitions as an opportunity to implement succession plans and simultaneously refresh entrepreneurial vigor.