02/05/2018
Credit Suisse Cuts Management
Credit Suisse has axed thousands of jobs as part of spending cuts. Now, the Swiss bank is moving to cut a layer of management as well.
Wealth and Asset Management
02/05/2018
State Street chief takes aim at the cost of servicing
Bank’s chief executive-to-be says activities will move to front office
02/04/2018
Asia’s independent wealth sector – ready for the next leap forward
The independent wealth management sector in Asia is still relatively minor compared to the coverage of the major private banks and other large wealth firms, but those who have already established their business models see even better times ahead.
02/04/2018
UBS wealth managers to open flagship office in Edinburgh
The wealth management arm of financial services giant UBS has revealed major investment in Edinburgh as it prepares to move to a larger site in the city where it is looking to double its headcount.
02/04/2018
If bonuses are down anywhere at Deutsche Bank in Asia, it will be here
Asian equities staff at Deutsche, who are mainly based in Hong Kong, should also expect lower bonuses, says a source with knowledge of the bank.
02/01/2018
Taking Canopy to the next level in 2018
Tanmai Sharma, CEO, Canopy talks about their data driven offerings and how they help private banks boost their revenue.
02/01/2018
New wealth management service launched
John Lamb Wealth Management, the recently-launched wealth management business from financial planners John Lamb LLP, is now accepting new clients.
02/01/2018
LGT Vestra US and Jacksonville Jaguars launch UK university scholarship
The scholarship was kicked off by former Jacksonville Jaguars quarterback and Super Bowl winner, Mark Brunell.
02/01/2018
Quilter Cheviot’s Belfast office celebrates 10 years in the city
The head of office, Nigel Crawford, said: “I am delighted to have been at the helm of the Belfast office over the past decade.
02/01/2018
Private bank raises more than £15m from shareholders
Investor demand sees firm increase fundraising total
02/01/2018
Deutsche Bank suffers deeper than expected quarterly loss
Only a charge related to US tax reform at the end of the year meant that we had to post a full-year after-tax loss.
01/31/2018
Julius Baer profits beat estimates
Julius Baer Acquires as Profit Rises
01/31/2018
Swiss private bank acquires Brazilian wealth management firm
: “We are pleased to be acquiring Reliance which will highly complement our existing business for the benefit of all clients. The combination will form the undisputed leading independent wealth manager in Brazil and demonstrates our long-term commit
01/31/2018
Time to re-think insurance for Asian high net worth clients?
The landscape for HNW insurance products in Asia in the past five or more years has become intensely competitive.
01/30/2018
UBS' Big Private Bank Winner
When he joined UBS nearly nine years ago, UBS was still reeling from the financial crisis of 2008/09
01/30/2018
Deutsche's Asia wealth unit looks to bolster recovery with more hires
“Having taken away the uncertainties and done the recovery, you now go to the growth mode,”
01/30/2018
Julius Baer’s new chief set to cement his authority at Swiss bank
Bernhard Hodler expected to tell investors he plans more acquisitions
01/30/2018
Wealth firm clients take £1.9m hit on small cap blow up
Shareholders were asked to put more money into the energy supplier towards the end of last year as it struggled to hit growth targets and buy power in the wholesale market.
01/29/2018
WH Ireland Narrows Loss Despite Rise In Costs As Revenue Grows
WH Ireland’s ‘project discovery’ relates to the outsourcing of its wealth back office to SEI and the sale of its freehold premises in Manchester.
01/29/2018
UBS Asia Pac pulls in bumper assets growth to 373b Swiss francs in 2017
Over the last two years, the Asia Pacific unit's invested assets has grown at an annual compounded rate of 20 per cent.