04/27/2017
Continued Strong Growth For Nedbank Private Wealth
Growth in profit after tax was up 52% on the prior year in its wealth division, although this was distorted by a one-off extraordinary item in 2016.
Wealth and Asset Management
04/27/2017
Northern Trust wins GB£6.7 Billion Mandate from Northern Ireland Local Government Officers’ Superannuation Committee
“Combined with its ability to provide high-quality tailored solutions that meet our specific requirements, this was a key factor in their appointment.”
04/27/2017
African Banking Firm Atlas Mara Swings To First Quarter Profit
We expect to deliver a significant improvement in earnings in 2017
04/27/2017
Duncan Lawrie made annual loss of £7.5m before it was split and sold by Maidstone-based Camellia
At the same time it was revealed the majority of its UK loans and some of its loans from its Isle of Man operations were sold to private bank Arbuthnot Latham & Co for £42.7 million.
04/27/2017
7IM launches bespoke IFA service
The firm has also added more asset classes to its model portfolio service
04/27/2017
Bank founder leaves charitable legacy
Foundation gives donations to over 300 organizations
04/27/2017
Qatari royals said to mull sale of Luxembourg private bank
Sources say Precision Capital, the investment vehicle of Qatar royal family members, is considering sale of stake
04/27/2017
Desjardins ‘Open for Business’ on Deals Beyond Quebec, CEO Says
CEO targets deals up to $2.2 billion to push beyond Quebec
04/27/2017
J. Safra Sarasin Ousts Clients in Germany
Assets Will Be Sold at Customers' Expense
04/27/2017
Ex-Towry five reunite for potential wealth launch
The four were promoted together from senior client partner to executive partner roles at Towry in July 2014. Meanwhile, Bowes became head of client advice in April 2013.
04/27/2017
Swiss National Bank posts 7.9 bln Swiss franc Q1 profit
The bank also made a profit of 2.2 billion francs from a valuation gain on the gold it holds
04/26/2017
UBS launches how-to guide for family offices
This reluctance is often not due to a lack of interest or aptitude, but rather an inability to identify ways to participate that suit their personal interests and life trajectories.
04/26/2017
Credit Suisse ditches Swiss IPO and plans to raise SFr4bn through a rights offering
It has also unveiled a proposal to swap to an all-cash dividend in the future.
04/26/2017
FCA gives structured products firm wealth green light
The London and Paris based firm will now be able to offer discretionary portfolio, investment and retail plan management services to its clients in the UK.
04/26/2017
Sandaire and Delancey Launch Mount Kendal in Singapore and Hong Kong, Offering a Unique Real Estate Investment Advisory Service to Asian Investors
The service that we're going to offer is a bespoke response to the requirements of the family offices and investors that we work with.
04/26/2017
We'll be The Largest Private Bank in Asia
He expects to see growth of the Ultra High Net Worth clients in China to remain robust this year.
04/26/2017
Brooks Macdonald boosts discretionary funds under management
Over the quarter our net new business improved to over 3% while performance for clients was positive on both relative and absolute bases.
04/26/2017
Number of Relationship Managers Stalls at Credit Suisse
There was no great influence noticeable on the bottom line
04/26/2017
StanChart doubles first-quarter profits as bad debts fall
Performance boosts hopes for turnround of emerging markets bank
04/26/2017
Santander to grow financial advice arm
Its digital customer base continued to grow