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

Credit Suisse bolsters compliance, plans cost cuts from technology for turnaround

The Swiss bank has been slammed for a lack of adequate staffing in risk and compliance

OakNorth Bank completes £5.3M loan to Kent-based, AFM Wealth, to support IFA acquisition programme

With over 4,500 clients and AUM exceeding £500M, the firm provides expert financial advice for both businesses and individuals

Julius Baer CEO says Switzerland needs two big banks to fuel competition - report

Competition stimulates business.

Credit Suisse wealth growth initiatives may need to be 'tempered'

In principle, our plan continues to be to grow our lending book in wealth management and directionally go towards the 3 billion.

The role of wealth managers in decision making: Elon Musk Twitter deal

In this article, we’ll give a quick rundown of the major developments and the role of wealth managers in the deal.

Highvern shortlisted for two STEP Awards

These Awards are viewed as a hallmark of excellence and innovation amongst private client professionals worldwide.

Tavistock’s advisory revenues jump after string of acquisitions

In January this year, the group acquired independent financial advisory group Morgans Limited for £3.7mn.

Credit Suisse Asset Management reaches agreement with Bluestone Resources

The agreement is subject to fulfilment of certain conditions precedent and requisite regulatory approvals.

Quilter Investors ups income forecast for Monthly Income range once again as 21/22 payout beats estimates

This forecast follows a successful previous year for the range where income delivered came in ahead of estimates.

Deutsche Bank’s Leadership Takes Financial Hit on Staff Use of WhatsApp

German lender has come under criticism from regulators

UBP Sells its American Client Business

The two sides have agreed not to disclose the price of the deal for client assets totaling 1 billion Swiss francs ($1.04 billion) to be transferred.

Alternatives are back with diversification opportunities

In the meantime, equity and bond markets are adapting to the tougher conditions, including a rise in interest rates that has spelt the end of free money.

IQ-EQ Compass wins Gold in Citywealth Brand Awards 2022

The award ceremony took place in London on 21 June 2022, where representatives of IQ-EQ were in attendance.

Alpha Financial Markets posts its "best year in history" as profit up

The number of Alpha Financial's clients increased to 718 from 439 the year before, fostering revenue growth alongside the integration of Lionpoint.

BlackRock veteran partners with P1 to launch impact wealth firm

Nick Stoop’s new firm, Pangea Impact Investments, will build impact-focused model portfolios.

JTC Wins at Citywealth Brand Management and Reputation Awards

The winners were announced at an event in London earlier this week

Liontrust picture gets cloudier after £2.5bn annual inflow

Liontrust’s flows turned negative in the final three months of the financial year in the challenging market conditions.

Russian Gold Finds its Way Into Switzerland

The removal from the so-called good delivery list means Russian gold and silver producers can no longer trade their newly minted bars in London.

Citi Partners with METACO to Develop Institutional Digital Asset Custody Capabilities

This strategic partnership enables Citi to extend its existing capabilities to digital assets while leveraging its current technological, operating and servicing model.

Schroders UK Financial Adviser Pulse Survey 2022: Client sentiment swings to bearish as macroeconomic and geopolitical concerns dominate

The Schroders Pulse Survey, which sampled 225 UK financial advisers, also found that 69% of advisers expect that some of their clients will have to adjust their investment plans due to the cost of living crisis.

Wealth and Asset Management