10/28/2022
Coutts profits boosted 32% on deposit return hike
A £600m boost to deposits, paired with interest rate rises, helped to offset negative market movements for the private bank in the third quarter.
10/28/2022
A £600m boost to deposits, paired with interest rate rises, helped to offset negative market movements for the private bank in the third quarter.
10/28/2022
Swiss banking incumbent Credit Suisse announces drastic staff cuts and a $4 billion fundraise.
10/28/2022
The firm’s defensive, defensive income and balanced income portfolios have added to UK and overseas debt.
10/27/2022
Credit Suisse’s Securitized Products Group is a full-service, vertically integrated credit solutions provider to a range of incumbent and emerging lenders across residential and commercial real estate, consumer and other asset classes.
10/27/2022
Through the proposed share capital increases, Credit Suisse Group AG intends to raise CHF 4.0 billion to further strengthen the Group’s capital base and support its strategic transformation.
10/27/2022
We believe these actions will lead Credit Suisse to a more stable performance
10/27/2022
Revenues of £8.3m were an improvement on the £6.2m figure for the previous year.
10/27/2022
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
10/27/2022
As part of a cost cutting exercise
10/27/2022
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%.
10/26/2022
The second – investment returns – must anticipate the effect of systems changes on financial markets, and position portfolios to capture the upside as the economy transforms.
10/26/2022
Citi supports Sanlam Private Wealth’s business model transformation
10/26/2022
The bank aims to achieve these targets by supporting clients in carbon-intensive industries, and financing their transition strategies
10/26/2022
The bank posted a 3 percent uptick in operating expenses driven by increased investment-based spending, salary inflation and performance-related pay accruals.
10/25/2022
3Q22 net profit of USD 1.7bn, 15.5% return on CET1 capital and 14.4% CET1 capital ratio
10/25/2022
The private bank has eased its deposit rules after being left with a number of lower net worth clients following Canaccord's acquisition of Adam & Co's investment arm.
10/24/2022
The Inclusive Talent Management award recognises an organisation which has developed innovative, creative and effective strategies to attract, recruit and retain high performing and diverse talent.
10/24/2022
The settlement does not comprise a recognition of criminal liability.
10/24/2022
LGT will once again have a private banking office in Germany.
10/24/2022
Companies increasingly recognise the importance of supporting employees through difficult times. Many have taken a long-term view by investing in their people.