Managers of Wealth

Coronavirus: Prince of Wales tests positive for condition

The tests were carried out by the NHS in Aberdeenshire where they met the criteria required for testing.

Boeing will remain in business as flight travel will be ‘popular as ever’ after coronavirus, Goldman Sachs says

Boeing has enough liquidity to cover ‘deeply negative free cash flow’ in 2020, Goldman Sachs says

COVID-19 market scenarios

We examine how we see the interplay of health, monetary, and fiscal policy impacting markets

Coronavirus: China’s 2020 growth forecast slashed in surprise move by prominent bank CICC

China International Capital Corporation has sharply downgraded its 2020 growth forecast for China to 2.6 per cent, from 6.1 per cent in January

HSBC to slash 35,000 jobs worldwide in “deepest restructuring” exercise

The bank will reduce US$4.5bn worth of costs which would involve slashing about 15% of the group’s global workforce amidst plunging profits.

Just How Bad Is It? Here’s The Economic Damage The Coronavirus Will Cause, According To Major Banks

Most of the economists at the big banks listed above still predict the economy will rebound later in 2020, or by 2021 at the latest.

China’s Luxury Industry Is Bouncing Back From COVID-19

Elsewhere, homegrown creatives in the fashion industry are adapting to the new normal and resuming their businesses.

Super-rich people are panicking over the coronavirus ventilator shortage

Reports of old people being refused the dwindling supply of ventilators in the coronavirus catastrophe engulfing northern Italy are making high-net-worth types in the US panic.

COVID-19 and Connected Healthcare: Looking for the silver lining

It’s not breaking news that the U.S. healthcare system has been in crisis for quite some time

Coronavirus Will Change the World Permanently. Here’s How.

A crisis on this scale can reorder society in dramatic ways, for better or worse. Here are 34 big thinkers’ predictions for what’s to come.

JPMorgan Chase Handing Out $1,000 Bonuses to "Front Line Employees"

It wasn't immediately clear when the bonuses would be paid, or when the perks would vest.

Ferrari and Lamborghini to stop production due to the Coronavirus outbreak

Although both brands plan to resume work in two weeks, the situation is only getting worse by the day in Italy which might prolong the shutdown.

Giorgio Armani And 17 Other Italian Billionaires Donate More Than $28 Million To Fight Coronavirus In Italy

Fashion legend Giorgio Armani donated about $1.4 million to hospitals in Milan and Rome, as well as to the Italian civil protection agency, which is coordinating the country’s response to the outbreak.

Profile Software's business continuity plans and precautionary measures against COVID-19 virus

Our goal is to contribute to limiting the spread of infection across society, so we strongly encourage and support remote working as a benefit to society and our workforce.

The coronavirus & markets - reflections on a fast-evolving crisis

Taking the long view - both into history and into the future - can help investors manage through the worst markets have to offer.

Rothschild Foundation donates NIS 50 million to boost hospitals’ virus battle

Philanthropic organization says cash is to purchase respirators, protective equipment for medical teams as well as other ‘critical needs’ to contain coronavirus outbreak

Schroder Real Estate flags Covid-19 valuation uncertainty

The rapid spread of Covid-19 has placed countries in lockdown and forced border closures and added to the woes of the UK commercial property sector, which had been recovering from Brexit uncertainty.

Covid-19 hits Investec wealth profitability

The market volatility, along with increased tech spend and higher regulatory fees, will result in lower profits for Investec's UK wealth division.

Mayer Brown launches multifaceted COVID-19 support platform

New platform includes web portal, blog and global travel tool

‘Don’t panic’ – wealth managers react to Covid-19

As the impact of Covid-19 rattles peoples, governments, health systems and markets around the world, how are HNWs and their wealth managers responding? Alec Marsh and Arun Kakar report.