05/01/2017
How Alexandra Lebenthal has taken on Wall Street's boys' club
She also remembers a time in the 1970s when her father faced a crisis that nearly sank the business.
Wealth and Asset Management
05/01/2017
Bank Faces Remuneration Revolt
Standard Chartered is facing a potentially embarrassing investor revolt at its upcoming Annual General Meeting on Wednesday May 3rd in London.
05/01/2017
Aberdeen and Standard Life pay £35m to prevent stars quitting
Aberdeen and Standard Life will pay big sums to prevent star fund managers quitting during their merger, Sky News learns.
05/01/2017
Becoming A High-Net-Worth Thought Leader
Complicating the scenario is the increasing commoditization of just about all financial services, especially money management.
05/01/2017
An Inflection Point for Wealth Management?
Wealth management fintech solutions also seeing far less investment than products for other banking applications.
05/01/2017
Planting your family's giving tree
Creating one doesn’t have to feel like a formal event, either.
04/30/2017
U.S. Bank open to buying wealth manager
The bank would look at a wealth manager because "culturally it would be a better fit for the bank," Dolan said.
04/28/2017
UBS Quarterly Profit Beats Estimates on Wealth Management Gains
Despite facing a variety of market conditions and client activity levels, all business divisions and regions contributed to the improvement in performance.
04/28/2017
AUM up almost 15% at Coutts and Adam & Company
An operating profit of £33 million, £23 million, or 43%, higher than Q116. This increase is principally down to lower operating expenses
04/28/2017
Old Mutual Unit assets grow 6%
Old Mutual Wealth Gross, Net Flows and Fum update Q1 2017
04/28/2017
Barclays Wealth increases income
Barclays said the group performance reflected strong core results
04/28/2017
EFG International sees 3.5 bln Sfr asset outflow in Q1
During the first quarter of 2017, EFG International made significant further progress in integrating the acquired business from BSI
04/28/2017
Succession acquires two advice firms in £4m deal
Succession group corporate director Paul Morrish says the business is planning further “substantial growth” in 2017.
04/27/2017
ANZ picky about $4bn wealth management sale
But it is interesting to note that listed IOOF was also said to fall short of ANZ’s criteria.
04/27/2017
Schroders says first quarter assets up 5 percent to 416.3 billion pounds
Schroders said it would no longer issue full results in its first and third quarters.
04/27/2017
Client AUM reaches record high at Raymond James
Earnings during the quarter were negatively impacted by the previously announced legal settlement, acquisition-related expenses, and the acceleration of unamortized expenses due to the extinguishment of senior notes.
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.
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.