- Managers of Wealth - Europe -Wealth, private banking and asset management news and opinion

Central banks tread cautiously in the face of banking stress

Central banks in the US, eurozone, Switzerland and the UK pressed ahead with rate rises this month in the face of banking stress.

Diversity, an expanding area: EU and UK policy moves

Diversity is a compliance concern at two levels, the higher one being potential breaches of anti-discrimination laws set by countries and, for its member states, the EU.

26% of British women have no formal pension savings

Education around retirement pots ‘needs to be improved’

Bank crisis: How four leading DFMs are positioned

The issues in the US banking space appear more idiosyncratic than systemic at this point in time but it is important to remember how these concerns can spread like wildfire.

Spring hope sees UK evading recession

The UK’s economic prospects are looking up.

Billionaire Zara Founder Races to Spend His Ever-Growing Bounty

Spain is the only European Union country with a full-on wealth tax, forcing Ortega’s family office to rapidly invest dividends in order to skirt the levy.

The Rich Are Getting Richer – But Is The Wealth Gap Worse In Europe Or The US?

At the same time, the cumulative wealth of the top ten billionaires in the UK has grown from £48 billion in 2009 to £182 billion in 2022 - an increase of 281 percent.

Inflation, running out of money and lack of savings greatest risks to clients

Additionally, 45% of advisers said making poor decisions on accessing benefits with being unable to fund social care (19%) were also worries.

Rathbones expects high inflation to continue despite OBR prediction

Global trade as a percentage of GDP is roughly where it was 15 years ago, as is international investment,” said Coombs.

Inflation data puts BoE in difficult position as case for hikes is strengthened

But with this inflation reading, the picture is incredibly clouded and the case for further rate hikes is strengthened.

Leadership, strategy and resilience − speech by Afua Kyei

Given at World Finance Forum, InterContinental London - The O2

From Pillar to Post: Between Switzerland's Banks

A look at the top ranks of the banks shows which managers are well-versed in both cultures.

Regime shift: central banks will prioritise inflation over growth

Inflationary pressures mean monetary policy must be tighter and more restrictive than it has been in the recent past.

Do the right thing

We can all get things wrong, but if presented with the right incentives, and a little luck, there might still be time to change our minds before it is too late.

Containing or contagion? High rates take a bite out of banks

While it is too soon to know whether this will restore market confidence, the current environment looks very different to that which preceded 2008’s financial crisis.

The End of Ulrich Koerners Wild Roller Coaster Ride

UBS CEO Ralph Hamers will take over as CEO of the new combined banking group.

Attractive opportunities in the “middle ground” of credit

Crossover credit, which covers corporate bonds in the area between investment grade and high yield, can offer some of the most interesting investment options.

Credit Suisse says some clients may want to move wealth assets after UBS deal-memo

UBS will become the undisputed global leader in managing money for the wealthy through the takeover of its main rival, triggering some concerns about concentration risks for clients.

Banking industry under pressure

The bank notes that its liquidity coverage ratio (high quality liquid assets as a share of potential 30-day stressed outflows) had improved further, from a high of 144% in FY 2022 to 150% on 14 March 2023.

Time to prepare for a peak in policy rates

But policymakers face the challenge of balancing their battle with inflation against mounting risks to growth and financial stability.

Comment, Analysis & Research