02/22/2018
Vontobel completes sale of Liechtenstein subsidiary to Kaiser Partner Privatbank
In addition, the cooperation with Kaiser Partner Privatbank in the area of securities settlement will generate additional revenues and economies of scale.
Wealth and Asset Management
02/22/2018
CIBC raises dividend following better-than-expected first quarter
It's a welcome sign for the bank, which has a larger domestic exposure than its peers and mortgages — demand for which is expected to slow under new tighter rules — also represent a bigger chunk of its loan book, said Shannon Stemm,
02/22/2018
Quantum Materials Corp Announces Review of Strategic Opportunities, Engages Canaccord Genuity as Advisor
The company and its auditors are making, and will continue to make, every effort possible to complete the filings as quickly as possible.
02/21/2018
Bill Gates Says He Should Have to Pay 'Significantly Higher' Taxes
Gates, who previously pledged to give away at least half his money to philanthropic causes, made the comments in reference to the recent Republican tax overhaul.
02/21/2018
UOB's discretionary portfolio management AUM tripled in 2017
UOB says its DPM solutions entail advisers initiating and executing trades based on agreed criteria
02/21/2018
Fullerton Taps into China's Wealthy
The new fund is being distributed by one of China’s largest brokerages and investment bank, China Galaxy Securities.
02/21/2018
HSBC explores M&A options for asset management business
Shares climbing
02/21/2018
Can Jewish charities do good and make money? Impact investors say yes.
Advocates say investments like these — in anything from a solar energy company to a business employing disadvantaged Israelis — are more sustainable and can go further than just donating to charity.
02/21/2018
NAB Wealth sale could be accretive, MS says
NAB wealth accounted for 4 per cent of the group's cash profit last year.
02/20/2018
Falcon Bank's Martin Keller: We Had to Break With Our Past
The opportunity arose after the sudden exit of former CEO Walter Berchtold as well as that of top executive Arthur Vayloyan.
02/20/2018
Close Brothers introduces all-in fee
The changes went into effect this month.
02/20/2018
HSBC boss scores bumper farewell pay package as bank profits rise
He was also awarded 4 million pounds worth of shares in a long term incentive plan
02/20/2018
UBS Breaks Even in Germany
UBS Germany had posted losses for a dozen years, with a pretax loss of 71 million euros in 2016 as the last of that series.
02/20/2018
Germany's Oldest Bank Is Pushing Into U.S., Hiring 20 Analysts
The goal is to increase the number of U.S. equities analyzed from 100 to 300 within two years.
02/20/2018
Quilter Cheviot to award £150,000 funding as part of its Dementia Initiative
From the initial applications the judging panel will select a shortlist of charities that will then be required to pitch their proposed project.
02/20/2018
Northern Trust Asset Management Introduces Northern Engage360 Fund
An Innovative and Expansive Approach to Diversity Investing
02/20/2018
BGL BNP Paribas to acquire wealth management and insurance firm
“In Luxembourg we do not see possibilities to increase to the scale necessary.
02/19/2018
Wealth managers must go digital
As wealth is passed between generations, advisers must adapt to their new target group and adopt the right technology
02/19/2018
Swiss banks collaborate to develop Hermance Capital Partners
The fund invests in non-listed assets on behalf of its private clients.
02/19/2018
Citi sees rich pickings in targeting Asia’s ‘mass affluent’
Bank to roll out tools for super-rich to wider market in drive for growth