01/22/2020
How Switzerland’s oldest private bank is evolving for its growing Middle East client base
Lombard Odier aims to keep up with the times by integrating technology, sustainable investing and Islamic finance
Wealth and Asset Management
01/22/2020
Julius Baer launches digital assets services
The Bank is able to offer access to a select group of cryptocurrencies, chosen for their tradability, safety, and technical reliability.
01/21/2020
UBS Misses Key Targets in Challenge to Iqbal Khan Overhaul
The Swiss bank failed to meet several key metrics set during the last revamp of goals just over a year ago
01/21/2020
UBS sells B2B fund distribution platform to Clearstream
As part of the transaction, UBS and Clearstream will enter into long-term commercial cooperation arrangements for the provision of services to UBS's Global Wealth Management and Asset Management business divisions
01/21/2020
Analysts see private equity as good option for Quilter
It is understood that Warburg Pincus is looking to sell its stake in Reiss, the fashion retailer, freeing up money to invest elsewhere
01/21/2020
Warburg Pincus Said to Mull Deal for Wealth Manager Quilter
Any purchase of Quilter would add to a flurry of take-private deals in the U.K., which could accelerate now after Boris Johnson’s election brought more certainty to the planned separation from the European Union.
01/20/2020
A year in Donate a Days; why compounding isn’t just relevant to investing...by Penny Lovell
I’m excited to see what fantastic new charitable initiatives will be pursued by Sanlam employees in 2020 and beyond. Come to think of it, I think I might have 9 spare pairs of shoes to donate…
01/20/2020
Standard Chartered Private Bank launches ESG Select to strengthen fund selection process
Sustainable investing is becoming a mainstream consideration for many investors and ESG products are increasingly accessible in this nascent space.
01/20/2020
Morgan Stanley Plans to Add up to 35 Private Bankers
Expansion at Morgan Stanley contrasts moves made by rival UBS which is seeking to ax about 500 jobs globally with a focus on Europe and Asia.
01/20/2020
Sanlam and Thesis: why Love Island has it all wrong…by Penny Lovell
I’ve been thinking about what it is that makes a relationship work.
01/20/2020
GAM to start job cut talks in January 2020 and reduce bonuses
This process doesn’t envisage any changes to investment teams.
01/20/2020
Wealth firm to seal four deals as it embarks on new chapter
Harwood Wealth Management reveals it has signed ‘heads of terms’ for four acquisitions a few weeks after it announced US private equity giant Carlyle Group was buying the business for £90.7m.
01/20/2020
Wealth consolidator's profit jumps 80% on buy spree
AFH Financial moved further beyond the £6bn mark after spending a little more than £30m on eight acquisitions over the year.
01/20/2020
Quilter CFO on creating value through deal-making
Mark Satchel reveals in an interview how undertaking numerous acquistion and disposals helped him become the finance chief of the FTSE-250 wealth manager.
01/17/2020
Bank of America adds advisors to cater to the ultra-wealthy
The wealth division, which caters to individuals with at least $3 million to invest, added 64% more households in 2019, helping the unit end the year with a record of $288 billion in assets under management.
01/17/2020
SJP: IFAs need to ‘educate’ to recruit new advisers
“That’s our challenge: that group of people have to be engaged.”
01/17/2020
Why UBS's Wealth Management Operations Remain Key To Its Prosperity
We find that wealth management is the most important segment for the bank – accounting for more than half of the bank’s revenues.
01/17/2020
It will get tougher for the rich in US
They had a party going all through the last decade and it’s coming to an end
01/17/2020
KBL epb rebrands as Quintet
The pan-European private banking group as a whole has been renamed “Quintet Private Bank.”
01/17/2020
St. James's Place appoints new brand agency – Landor
The agency has been chosen as part of a holistic, ongoing project to further progress St. James’s Place’s reputation as a recognised and respected financial advice business.