01/21/2019
Vontobel launches leveraged products in Denmark
The tracker enables Danish investors to add Bitcoin as a bankable asset to their portfolios.
Wealth and Asset Management
01/21/2019
Geneva WM expands by opening new office
The opening of this branch in Bern is a first step in this direction, and we are very happy.
01/21/2019
Pictet to Hire Hundreds of Bankers
The effort represents an 50 percent hike on its recruiting efforts last year, and follows the entrance of ex-Julius Baer boss Boris Collardi as a partner.
01/21/2019
What it's like to get investment through the super exclusive Coutts Investment Club
The private investor network brokered by the Queen's bank helped UK AI startup SenSat raise £? and build a valuable global network of angel investors
01/21/2019
Luxembourgish family office Stanwahr enters Spain
The company Stanwahr S.à r.l. is owned by the French company Evalfi, which is indirectly owned by a group of members of William Higgons' family.
01/18/2019
Switzerland’s UBP gets Taiwan fund licence, sets up local office
UBP currently has eight Taiwan-domiciled funds, including the UBAM AJO US Equity Value fund, UBAM Corporate US Dollar Bond fund, and UBAM Europe Equity fund.
01/18/2019
The best investments are in works of art, says report
40% of art collectors working in the asset management industry
01/18/2019
Rich people approach problems like this — and it helps explain why they’re wealthy
Optimists are far more likely than pessimists to make smart money move
01/18/2019
Ukraine's PrivatBank expects court appeal against former owners t
Supervisory board chief Engin Akcakoca told Reuters he expected the appeal “to be over this year”.
01/18/2019
Morgan Stanley Targets Singapore's Rich Chinese Entrepreneurs
Bank is expanding operations for family offices in the city
01/18/2019
Morgan Stanley shares slide after earnings disappointment on weak trading, wealth management
The firm posted the weakest fixed-income trading results of its peers, plunging 30 percent to $564 million, compared with the $806 million estimate.
01/18/2019
Bank of America’s Wealth-Management Business Bucks Trend in Volatile Quarter
BofA’s wealth-management revenue rose 7% in the fourth quarter, while wild stock-market swings at the end of 2018 hurt rivals
01/18/2019
When Wealthy Clients Behave Badly
Outside of explicit policies regarding wealth provenance, some private banks are putting together a more implicit framework of acceptable standards
01/18/2019
Santander opens flagship private banking, select and business customer lounge
Santander has opened what it called its flagship lounge for Santander Private Banking, Select and Business customers in Piccadilly, London.
01/18/2019
At UBS, Succession Looms Large as Bank Ponders Post-Ermotti Era
The challenge of replenishing management is falling to two men with widely divergent backgrounds and experiences.
01/17/2019
JPMorgan’s Wealth Management Revenue Drops 5% in 4Q
JPMorgan’s assets under management fell 2% year over year, to $2 trillion, the company says.
01/17/2019
BNY absorbs severance costs as investment management, wealth assets drop 6%
Client redemptions largely came from index and cash strategies, which saw $11 billion and $10 billion, respectively, in net outflows in the fourth quarter.
01/17/2019
SG Wealth achieves chartered status
East Anglia-based IFA SG Wealth Management has been awarded chartered financial planner status.
01/17/2019
Top Take-Aways from Sanlam’s Inheritance Seminars
Perhaps most shocking is the statistic that 50% of Brits over the age of 45, those most likely to have dependents, also die intestate.
01/17/2019
The LLB Group continued its growth in the 2018 business year.
The LLB Group expects a net profit of about CHF 85 million