Wealth managers just need to think different with the millennial rich
A new direction is clearly a need of the times to convince these young ones
Wealth and Asset Management
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Credit Suisse: Greensill special conditions cause displeasure
As also finews.ch reported on Wednesday (yesterday) how the CS reimbursed the affected customers of Greensill funds quarterly for the fees for most of the services.
Asset Management: Blackrock dethroned
With just under $ 20 billion in personal wealth, the American is one of the richest people in the world (64th place).
Merrill Lynch is bringing in a wave of changes for its storied 'thundering herd' of financial advisors
Efforts include Merrill's 'Project Thunder' campaign and an overhaul of the firm's training program.
Lombard Odier’s strategic alliance partners clinches accolades at Global Awards
Since 2015, Lombard Odier has built an ecosystem of strategic alliances with financial institutions in Asia, working together with them
Citigroup Third Quarter 2021 Results and Key Metrics
This compared to net income of $3.1 billion, or $1.36 per diluted share, on revenues of $17.3 billion for the third quarter 2020.
'Buoyant stock markets' push funds under management growth at Charles Stanley
It comes as Charles Stanley acquired Raymond James UK Wealth Management for £278.9m last month, after winning shareholder approval.
Tilney Smith & Williamson partners with Rics
It will also attend face-to-face events across the UK and support Rics with investment insights as it sets out the future for the built and natural environment.
Swiss Private Banking shows resilience despite COVID-19 pandemic
Despite the pandemic, Swiss private banks generated a record high net new money
James Hambro assets jump as revenue and profits spike
Chief executive Andy Steel said there were ‘no plans to sell the business’ as AUM rose 32%.
Smaller Private Banks Falling by the Wayside
Small Swiss private banks suffered a net outflow of funds in 2020 for the first time in five years, with a PwC study suggesting continued pressure and a wave of consolidation in the near future.
JPMorgan profit powered by record M&A fee, reserve release
"JPMorgan Chase delivered strong results as the economy continues to show good growth - despite the dampening effect of the Delta variant and supply chain disruptions," said JPMorgan Chief Executive Jamie Dimon.