Wealth and Asset Management Archives - Page 958 of 1554

Credit Suisse signs agreements with Butterfield and Gasser Partner to sell its global trust business

September 6, 2022

The transaction with Butterfield is expected to close in the first half of 2023 and is subject to customary conditions, including regulatory approvals.

Wealth and Asset Management

Expect further M&A acceleration in wealth management

September 6, 2022

The sharp rise in inflation, as well as ongoing supply chain issues and enduring pandemic-related pressures, still pose risks to many groups.

Wealth and Asset Management

EFG International opens Representative Office in Israel

September 6, 2022

The opening of the new Representative Office in Tel Aviv will expand EFG’s coverage of the Israeli market and capture the significant wealth management opportunities in the region.

Wealth and Asset Management

CHF 7bn ex-Lombard Odier wealth manager gets banking licence

September 6, 2022

Cité Gestion was founded in 2009 as a custodian and securities dealer by Lombard Odier. It was bought out by six managing partners in 2017.

Wealth and Asset Management

iCapital and Ares Wealth Management Solutions Expand Partnership

September 6, 2022

Provides financial advisors broader access to Ares’ alternative investment solutions via multiple distribution channels

Wealth and Asset Management

St James’s Place Upgrades Financial Crime Defences With Napier’s Advanced Screening Tool

September 6, 2022

With Napier’s AI-enhanced screening solution, St James’s Place can leverage large-scale, ongoing customer screening and re-screening capabilities.

Wealth and Asset Management

2022 is proving a bear market for private wealth managers

September 6, 2022

This was fuelled by both rising stock markets and record net inflows.

Wealth and Asset Management

UBS and Wealthfront mutually agree to terminate merger agreement

September 5, 2022

UBS will purchase a USD 69.7 million note convertible into Wealthfront shares.

Wealth and Asset Management

Geneva group buys Sberbank Switzerland

September 5, 2022

The bank will now be called TradeXbank and all of its employees in Zurich will keep their jobs.

Wealth and Asset Management

PE-backed firm Solomon Capital Holding makes second acquisition

September 5, 2022

Buy-and-build strategy

Wealth and Asset Management

UBS scraps $1.4b deal to buy US digital wealth management firm Wealthfront

September 5, 2022

“We are continuing to explore ways to work together in a partnership and UBS has given us $70 million in financing at a $1.4 billion valuation,” Wealthfront Chief Executive Officer David Fortunato said.

Wealth and Asset Management

Cardea Group acquires Trinkler & Partners and continues on its growth path

September 5, 2022

Cardea plans to expand its presence in Switzerland by a combination of strategic acquisitions of small to mid-size wealth management firms in parallel with the hiring of individual wealth advisors and their teams.

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