06/04/2024
Citi Launches HNW Debit Card in Hong Kong
Cardholders are entitled to various benefits including travel and lifestyle concierge services, access to over 1,300 airport lounges globally and complimentary golf rounds.
Wealth and Asset Management
06/04/2024
Oakglen Wealth-managed Libero funds going live
Oakglen has also been chosen by Blacktower to manage its new portfolio management service.
06/04/2024
CREDIT AGRICOLE SA: Indosuez Wealth Management, a subsidiary of Crédit Agricole S.A., finalises the acquisition of Degroof Petercam
It strengthens Crédit Agricole's presence in Belgium and will generate significant synergies with its various business lines.
06/04/2024
Flossbach von Storch collaborates with major French bank
The cooperation will also include other services, such as fund accounting.
06/04/2024
Brookfield Asset Management mulls Tritax Eurobox takeover
Investing across Europe, Tritax Eurobox manages properties in Spain, Belgium and Germany.
06/04/2024
A positive month for investors as wealth managers remain unfazed by election year
Equity sector positioning was key with technology outperforming while property, energy and oil stocks all disappointed.
06/04/2024
Wealth Enhancement Group Announces the Addition of Gavin Financial Group, an Independent RIA with Over $658 Million in Client Assets
This partnership marks Wealth Enhancement Group's first location in Michigan and brings the firm's total client assets to more than $82.1 billion.
06/03/2024
UBS completes merger of UBS AG and Credit Suisse AG
The merger facilitates the migration of clients and operations from Credit Suisse to integrated UBS platforms over time, following business, client- and product-specific requirements.
06/03/2024
Citizens grows its private wealth ambitions in Boston
Citizens Financial Group has added a top advisor with nearly $1B in assets from JPMorgan, along with another key hire for its Boston office.
06/03/2024
Canaccord Genuity Group Inc. through its Wealth Management business in the UK announces acquisition of Cantab Asset Management Ltd.
Upon completion of the acquisition, investment professionals and support staff of Cantab will continue in their existing roles and will be fully supported in directly managing their client relationships.
06/03/2024
Lombard Odier's ME head on doubling AUM, banker count and expat influx
The Swiss pure-play's Amer Malik talks to Citywire Middle East about the bank's plans to grow its bench and assets.
06/03/2024
WH Ireland to sell capital markets business to Zeus for up to £5m
The consideration for the deal comprises an initial cash payment of £1 payable on completion and up to £4,999,999 of deferred consideration to be paid in cash within 30 days of the first anniversary of completion.
06/03/2024
Coller Capital appoints Boris Maeder as Head of International Private Wealth Distribution and opens office in Switzerland
This new office underscores Coller’s commitment to working closely with clients and intermediaries to facilitate access to institutional quality secondaries investments to meet increasing demand from private wealth investors.
06/03/2024
US, Hong Kong quoted wealth manager Noah reports 19.2% Q1 revenue fall
Net revenues decreased by 18.8% from the fourth quarter of 2023, mainly due to decreases in one-time commissions.
06/03/2024
Prosper Shows Demand for New Way in Wealth Management and Kicks Off Crowdfund as St James's Place Faces FTSE Exit
Prosper is raising a further crowdfunding to add to its recent angel and Andreesen Horowitz raise adding to the total invested capital of £4m.
06/03/2024
IFAM To Join Kovitz
This transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.
06/03/2024
Bantleon acquires majority stake in a convertible bond specialist
The long-established minority shareholders remain on board and retain their 38% stake.
05/31/2024
Marc Arand: «Private Banking Needs a New Mindset»
The rise of online and mobile banking, along with the emergence of fintechs and digital banks, compels traditional banks to rethink their strategies.
05/31/2024
Helvetia (CH) Swiss Property Fund: planned listing on SIX Swiss Exchange on 25 June 2024 and pleasing half-year results
SIX Swiss Exchange has approved the application to list the Helvetia (CH) Swiss Property Fund on SIX Swiss Exchange on 25 June 2024, subject to the pending amendment to the fund agreement opening the fund to non-qualified investors.
05/31/2024
Wealth managers struggle with FCA compliance as deadline looms
The main reasons for this investment are to deliver better client service, understand a wider range of asset classes, improve investment advice, and reduce costs.