Moment of truth for HSBC boss
Duplications are to be eliminated and the cumbersome bureaucracy within the organisation is to be reduced.
Wealth and Asset Management
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Leonteq update ahead of AGM 2025
Separately, Lukas Ruflin has informed the Board of Directors that he will no longer stand for election as a Board member at the upcoming AGM.
Rich people’s problems: Confidence in economy hits record low among wealthy Brits
This marks a steep decline from the beginning of Labour’s term when confidence levels in August last year fizzed at 84 per cent.
VP Bank strengthens leadership with Co-Heads to lead Singapore Branch; reaffirms commitment to growth in Asia through Singapore location
VP Bank's core competency lies in its deep expertise and established presence in the Intermediaries segment.
Glarner Kantonalbank with good annual result for 2024
The Board of Directors is proposing a dividend payment of one franc per share to the General Meeting.
The first external member of the ZKB Philanthropy Foundation
The UBS Cultural Foundation is also undergoing a personnel renewal.
Boutique outperformer sees ‘unwarranted’ discount in Vontobel bonds
RAM Active Investments runs the Strata Credit fund, which has beaten its sector average over three years.
Lombard Odier reports full-year 2024 results
Full-year net profit therefore stood at CHF 179 million, down 19% year-on-year.
Lumin Wealth acquires IFA firm based in Berkshire
This purchase adds over £50m of assets under management to Lumin VZ Group and marks the ninth acquisition since 2019.
ABN AMRO Bank posts net profit of EUR 397 million in Q4 2024
With almost half the global population holding elections, 2024 was an exceptional year.
Barclays profit leaps by a quarter as investment activity booms
The UK bank also enjoyed a boost from taking control of Tesco Bank’s savings, loans and credit cards last year.
Wealth managers must stop selling trusts if they want to beat Saba
Saba has found little support in the UK for its campaign against seven investment trusts, but plenty of people are ready to sell their stakes.