04/30/2020
Switzerland's Falcon mulls exit from private banking, other options
One of those options includes exiting the private banking business
Wealth and Asset Management
04/30/2020
The world’s wealthiest are sticking with stocks despite the coronavirus crisis, UBS finds
In general, business owners are also positive on the longer-term outlook
04/30/2020
Results of the Annual General Meeting of GAM Holding AG 2020
David Jacob was elected as chairman and all the other members of the BoD who stood for re-election were confirmed for a term until the end of the next AGM.
04/29/2020
Crossbridge Capital launches CONNECT Prime
This is an unprecedented time in our history.
04/29/2020
UBS to Launch Funds Replicating Brokers’ Model Portfolios
The bank’s global wealth management unit generated $1.22 billion, up 41%.
04/29/2020
EFG Flags Corona Hit
Notwithstanding the recent market turmoil, EFG maintained its operational resilience with a solid business performance in the first quarter of 2020.
04/29/2020
RBC Corporate Services Hong Kong to join SMP Group
SMP and RBC have a long history of working together to provide global solutions for private wealth structuring.
04/29/2020
Investing during Covid-19 - we are 75% through the fear
There is no good reason to believe that history will repeat itself
04/29/2020
Protection perspective: ways to help safeguard your financial future
How coronavirus has underlined the importance of always being prepared.
04/29/2020
Deutsche Bank reports 1Q loss as WM arm sees 18% rise in revenues
Conservative balance sheet management enabled Deutsche Bank to support clients through extremely challenging economic and financial market conditions during the quarter.
04/29/2020
WMs on the pros and cons of merging
Amid new costly rules, wealth managers ponder whether hiring individuals or acquiring entire firms will bring better results.
04/29/2020
Five ways to retain your wealth management clients in 2020
The fight-or-flight instinct is part of human nature, but it doesn’t serve investors well.
04/29/2020
70% of investors are optimistic about the long term, UBS says
Thirty percent of Switzerland’s investors thought that the impact of the pandemic could be over by the end of June
04/29/2020
Standard Chartered warns on outlook as profit falls
All figures are presented on an underlying basis and comparisons are made to the first quarter in 2019 on a reported currency basis, unless otherwise stated.
04/28/2020
Falcon Private bank could lose Swiss licence in wake of 1MDB case: sources
The watchdog told Falcon it would lose its licence if there was any repetition of the offence. Swiss federal prosecutors also opened a criminal investigation, which is ongoing.
04/28/2020
Digital wealth management Syfe partners SGX to launch REIT portfolio, giving access for early investment
The new product gives retail and accredited investors access to the popular iEdge S-REIT 20 Index
04/28/2020
HSBC’s pre-tax profit falls 48% year-over-year in the first quarter to $3.2 billion
Analysts at Morgan Stanley had projected the bank’s first-quarter profit before tax could fall by 35.7% year-over-year to $3.998 billion.
04/28/2020
Wealth management app ikigai readies for launch
Ikigai is currently inviting people to apply to join its waitlist ahead of launch, when, rather than taking a percentage fee, it will charge users a flat rate of £20 a month.
04/28/2020
Lombard International Assurance launches distance selling process to enhance business continuity
This new process, part of the company’s enhanced business continuity and servicing plans
04/28/2020
Shane Zaback named Best-in-State wealth advisor
By remaining loyal to his process, he assists his clients in reaching their goals and respond to changes in the market or in their lives.