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

4M24: Net profit exceeds CHF 110 million; annualised NNA growth rate of 7.6%, corresponding to CHF 3.6 billion NNA

Return to more normalised hiring momentum during the reporting period with a total of 26 new CROs

UBS: Sergio Ermotti’s Successor to Come From Within the Company

UBS may announce the names of the three potential successors, or possibly even female successors, at the general meeting next year, as further information suggested.

UBS Suddenly at the Bottom in European Fund Business

Morningstar analysts explicitly pointed to the forces of integration that the acquisition of Credit Suisse (CS) has brought to UBS's fund business.

Hong Kong’s BMP Wealth gets ‘significant’ investment for acquisitions from UK asset manager

The investment will be used to acquire adviser firms whose owners are looking to retire or leave the industry in next few years

Partners Group Selects Northern Trust to Provide Asset Servicing Solutions for its Private Equity ELTIF Evergreen Fund

The new ELTIF 2.0 regime is intended to facilitate European investment into private market assets via semi-liquid funds and related strategies, including by individuals not considered to be professional investors.

Citywealth Top 75 Trustees List highlights outstanding Crown Dependencies trustees

All entries are nominated for inclusion by their peers within the industry and are independently verified.

Quintet celebrates 75 years in Luxembourg!

By the early 1970s, Kredietbank had become one of the leading eurobond issuers and had broken ground on its new 12-story headquarters on Boulevard Royal.

Hargreaves Lansdown Offer Brings UK Wealth-Manager M&A in Focus

The offer is still less than half of Hargreaves Lansdown’s share price five years ago.

Close Brothers dips as it outlines motor finance review

In the voluntary review by Close, separate from the FCA probe, the firm predicts ‘single-digit millions’ in compensation for its motor finance customers.

N26: Financial Regulator Imposes Multi-Million Euro Fine

This would mean that the German fintech could accept as many new customers as it wishes in the near future.

Rothschild & Co: Former CS Advisors are Moving Quickly in Switzerland

This is three times the team size Bossart found upon his arrival in the fall of 2022.

UBS Global Family Office Report 2024: balance is back

Alternative investments continue to form a significant part of portfolios providing an additional source of diversification and returns.

ZWEI Wealth: It's worth changing!

Now everyone can order offers from banks and asset managers free of charge.

Julius Baer: Interim Management Statement for the first four months of 2024*

Substantial increase in assets under management – Marked recovery in client activity – Significant improvement in profitability – Ongoing solid capital position.

Close Brothers sees strong demand despite some pockets of weakness

This mainly reflected strong customer demand in Property and continued growth in the UK Motor Finance and Invoice Finance loan books

Bordier & Cie becomes the exclusive partner of Argentinian tennis player Sebastián Báez

Identifying and supporting talent is core to our business and helping the next generation achieve their full potential is part of our historical savoir-faire.

Quintet Private Bank marks its 75th anniversary

Quintet Private Bank, headquartered in Luxembourg commemorated its 75th anniversary in the Grand Duchy.

Former Deutsche Bank chief executive Rolf Breuer has passed away

The 86-year-old passed away in the presence of family, following a long illness.

UBS: Main Purpose of Family Offices is Wealth Transfer

Family offices are also becoming increasingly professionalized over time with more and more governance controls and processes being put in place.

UBS head of integration has to get by without a right hand

Coping with this central task has apparently now become even more difficult for Bereaux.

Wealth and Asset Management