Butterfield Reports Second Quarter 2022 Results
Net income for the second quarter of 2022 was $49.1 million or $0.99 per diluted common share compared to net income of $44.4 million, or $0.89 per diluted common share
Wealth and Asset Management
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Exploring Upstream Wealth Transfer
Three questions to ask clients considering “upstream” or “horizontal” wealth transfers.
Ralph Hamers – surfing the interest rate wave
These are not easy times – not even for UBS, which has excelled quarter after quarter in recent years.
Further growth in the first half of 2022 – Freiburger Kantonalbank
This result confirms the strategy and underlines the solid market position of FKB.
Atria Welcomes $252 Million Practice
Spokane, WA-based Forster Financial Joins Atria's Cadaret Grant
SJP focuses on academy talent as it looks to plug advice gap
Payne pointed out that a goal of the academy is to help plug the advice gap, and that in the past few years advances in technology
Zurich forays into Italian advice market
Following acquisition of Deutsche Bank’s advisory network in the country
UK firm gets £3m from Santander to fund wealth acquisition spree
It aims to buy businesses across the north of England and London
Presentation of the 2022 half-year results for the Julius Baer Group
In the first half of 2022, assets under management declined by CHF 54 billion (11%) to CHF 428 billion.
LGT Expands External Asset Managers Business
LGT’s international team has won considerable assets since in 2019 expanding its offering out of Liechtenstein for international intermediaries.
Credit Suisse wants to put the brakes on costs
The cost structure is too large for the bank's revenue potential," the source said.
Bank consortium around UBS suffers loss with bridge loan
But with the market turbulence of recent months, the liabilities assumed in such deals have often proved to be a boomerang for banks.