Credit Suisse Group announces third quarter 2022 financial results
We believe these actions will lead Credit Suisse to a more stable performance
Wealth and Asset Management
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Credit Suisse: APAC is the Lone Region With Positive Flows in 2022
Credit Suisse Posts Fourth Consecutive Quarterly Loss
Adding the personal touch to wealth management
Clients and advisers are now easily accessible over video calls, and regular contacts can be more frequent
Wealth management firm sees revenues, profits and assets grow
Revenues of £8.3m were an improvement on the £6.2m figure for the previous year.
Bank staff association: Urs Rohner should pay back the bonus
So far it is completely unclear how badly the successful Swiss division and the local corporate functions are affected.
Fund group profile: Pictet
Each month we will give you the vital measurements of a fund group: gains and losses, performance and market share.
Quilter’s WealthSelect adds to fixed income in ad-hoc rebalance
The WealthSelect portfolios has been underweight to traditional fixed income of late, however will now add to this exposure across risk levels 3-7 in the Managed and Responsible ranges
German banking group shutters UK private client arm
As part of a cost cutting exercise
Santander reports attributable profit of €7,316 million for the first nine months of 2022, up 25%
Profit before tax was €11,761 million, down 6% (+3% in current euros), while tax on profit in the period was €3,538 million, resulting in an effective tax rate of 30%.
Citi Securities Services Onboards South African Wealth Manager Sanlam Private Wealth
Citi supports Sanlam Private Wealth’s business model transformation
Deutsche Bank reports profit before tax of € 1.6 billion, its highest third quarter since 2006
The bank aims to achieve these targets by supporting clients in carbon-intensive industries, and financing their transition strategies
StanChart Profit Up from Record Third Quarter for Markets Arm
The bank posted a 3 percent uptick in operating expenses driven by increased investment-based spending, salary inflation and performance-related pay accruals.