04/23/2017
Credit Suisse to Make Capital Hike Decision After AGM
Reuters had previously reported that Switzerland's second-biggest bank was likely to make a decision in April on how to proceed on raising new capital.
Wealth and Asset Management
04/21/2017
Building a bigger funds presence in South-east Asia
Last but not least is inorganic growth.
04/21/2017
Flexing digital muscle to tap China’s funds industry
China is the only place where you see proper digital distribution of funds.
04/20/2017
Wealth management revenue, profits jump at U.S. Bank
Revenue from wealth management was up 6% year-over-year and up 2% from the prior quarter.
04/20/2017
BNY Mellon Plays the Long Game in Asia
Wealth manager is growing rapidly in Asia with a holistic approach and expertise with globetrotting families.
04/20/2017
Principal opens Swiss office
The new office comes at a time when regional players are looking to increase their advisory services capabilities partnering with global managers who are able to offer a distinct set of products that can provide returns for their clients.
04/20/2017
Credit Suisse: Ancient Rome Revisited
Asset manager GAM also caved on pay, under pressure from activist hedge fund RBR.
04/20/2017
Schroders swoops on $7bn private equity firm
The acquisition of Adveq accelerates the growth of Schroders’ private assets business and complements existing capabilities and expertise in the real estate and infrastructure finance sectors.
04/20/2017
BNY Mellon Reports First Quarter Earnings Of $880 Million Or $0.83 Per Common Share
Net income applicable to common shareholders was $804 million
04/20/2017
Coutts announces sharpened focus on investment management with new and realigned roles in senior Executive team
Peter Flavel, CEO of Coutts, said: “It’s a great time for Coutts. In 2016, we grew our investment AUM by £2bn, our investment performance sits at the top quartile over 1 and 3 years and our disciplined investment process and principles c
04/19/2017
Credit Suisse Offers Asia App for U.K. Digital Private Bank
Britain is the fourth country for Credit Suisse to roll out the digital app.
04/19/2017
Marilyn Suey Launches New Firm, The Diamond Group Wealth Advisors
The Diamond Group Wealth Advisors teams up with The Financial Services Network to expand their footprint in Northern California
04/19/2017
Bank of America's wealth revenue rises on assets under management, fees
The unit's pretax profit margin, a key metric that can show growth across business segments, rose to 27 percent from 26 percent a year earlier.
04/19/2017
Market Perspective - Rothschild Wealth Management
Some setback for markets still seems overdue: March’s brief dip does not qualify. Several potential geopolitical flashpoints outside the US and Europe could trigger one. The calendar itself is becoming less friendly.
04/19/2017
UK wealth manager opens South Africa office
Based in Johannesburg, the new office will be led by Paul Heber, who has extensive experience in wealth management in the region.
04/19/2017
EFG International's Icy Summits
Swiss banks have often used alpine peaks as a publicity device, from a private bank named after the Clariden peak
04/19/2017
Investment fund increases stake in PraxisIFM following TISE listing
News of the fund’s increased investment in PraxisIFM follows its acquisition of Jersey-based Trust company Consortia in January
04/19/2017
Massey Quick and William E. Simon & Sons Announce Merger
Massey Quick Simon to offer expanded suite of services to high-net worth families, endowments, foundations and family offices.
04/19/2017
ZEDRA shortlisted twice as Independent Trust Company
Winners will be announced at a gala awards dinner which will be held in Singapore on June 1st 2017 at the Westin, Singapore.
04/19/2017
Morgan Stanley Posts Strong 1Q Profit, Helped by Trading
After Goldman Sachs reported a disappointing first-quarter profit on Tuesday, largely due to lackluster trading, there were concerns that Morgan Stanley might be in a similar position.