07/28/2017
Basellandschaftliche Kantonalbank launches digital wealth manager
The new product sits within the cantonal bank’s e-banking system and allows customers to implement online asset allocation via ETFs.
Wealth and Asset Management
07/28/2017
Hyposwiss Private Bank acquires Zurich wealth manager
Hyposwiss CEO Niels Bom Olesen will chair Fimanor’s board of directors alongside new vice-chairman Solly Alain Lawi.
07/27/2017
Swiss banks must cut costs despite healthy 2016 performance
One of the larger parts of the wider Swiss economy, representing 10% of the economy in 2014, with the banking sector representing more than half of the amount.
07/27/2017
Swiss bank EFG now expects to hit growth target in 2019
Assets under management end-H1 138.4 bln Sfr, down 4 pct
07/27/2017
Raymond James posts 3Q profit
The results generated in the quarter were largely attributable to growth of client assets as a result of both net recruiting of financial advisors and market appreciation, strong investment banking revenues, and the positive impact from higher short-term
07/27/2017
Barclays Acquisition Boosts OCBC
Oversea-Chinese Banking Corporation's private banking business continued to achieve strong growth.
07/27/2017
Inflows at Schroders beat expectations
Profit before tax and exceptional items up 23% to £361.5 million (H1 2016: £293.7 million)
07/27/2017
Charles Stanley discretionary assets rise as clients transfer from advisory
Charles Stanley’s total funds under management and administration at the end of June were £24.1 billion
07/27/2017
Worried wealthy drive St. James's Place funds to record high
The number of advisers, who form part of the group’s Partnership network, also grew, rising by almost 4 per cent since the start of the year to just over 3,500.
07/27/2017
Brooks Macdonald FUM rises 26% to break £10bn mark
"Strong organic growth takes FUM through £10bn; further investment in underlying business."
07/27/2017
Belfast wealth firm makes finals of top industry awards
An advisory board of figures from the investment and SME community will judge entries ahead of the final.
07/27/2017
Vontobel's Asset Locomotive Stalls
Total assets under management rose 6 percent to 146.5 billion francs in the first six months of the year, slightly ahead of a poll forecast for 145 billion francs.
07/27/2017
Goldman Partners With Fidelity to Offer Loans to Wealthy Clients
The effort is the latest from Goldman Sachs to take advantage of a banking license it acquired during the financial crisis
07/27/2017
Continued wealth management support fuels rising ETF assets
A survey published earlier this year from BBH found that some 54 per cent of respondents believed that robo-advice presents an opportunity for their business as opposed to a threat.
07/27/2017
UK will become ‘cultural desert’ if attitudes towards philanthropy do not change – fundraising chief
This is because they simply do not have access to this wealth, which is concentrated in London and focused on a few organisations.
07/27/2017
Lazard profit beats on record advisory, asset management revenue
Lazard's record operating revenue underscores the power of our model and the global breadth and depth of our franchise," said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard.
07/26/2017
DBS, BOS shift to fast gear as private banks power ahead in Asia
Private banks are hiring, and clocking higher incomes and double-digit gains in AUM, with Asia being where the wealth creation is now
07/26/2017
Private banks in Asia having a good year
There's more of everything - more income, new hires and higher assets under management.
07/26/2017
Giving for a lasting impact across generations
But without a focus on replication and scaling-up towards sustainability, the donor may not leave a lasting impact and legacy.
07/26/2017
Focus on fund management lifts Brewin Dolphin
In a bid to transform itself from an old-fashioned stockbroker to a modern wealth manager, Brewin has spent the past few years increasing its focus on discretionary fund management.