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Wealth and Asset Management

03/20/2024

German custodian bank is looking for more customers for a Swiss banking license

An independent offshoot of a proven custodian bank with German roots – this could really shake up the local cost structures and services for independent asset managers.

03/20/2024

TISE reports record turnover, profit & EPS for 2023

The Group has also announced the payment of a £2.00 per share special dividend in addition to the regular dividend payments.

03/20/2024

Credit Suisse Headquarters to Become a Campus of Sorts

The campus will also comprise the former Swiss Bank Corp building

03/20/2024

Top 50 IAM launches yield enhancement strategy AMC

Amadeus Capital already has several hundred million euros of internal capital invested in its yield enhancement strategy.

03/19/2024

BBVA Group establishes a new investment advisory subsidiary in Miami

The BBVA Group has established a new investment advisory subsidiary, BBVA Global Wealth Advisors Inc, in Miami, catering to high net-worth Latin American clients.

03/19/2024

Aberdeen wealth managers surpass £150 million milestone

Since the turn of the year, funds under management have increased by a further £6.5m representing a strong start to 2024.

03/19/2024

The rise of multi-millionaire women

Female billionaires are similarly dominated by more heiresses than entrepreneurs

03/19/2024

Close Brothers H1 Adj. Profit Rises - Quick Facts

Adjusted earnings per share was 46.3 pence compared to 6.1 pence.

03/19/2024

Edmond de Rothschild announces a strategic agreement and the acquisition of its third-party Asset Servicing business by Apex Group

As part of this agreement, Apex Group will also acquire Edmond de Rothschild's fund administration, transfer agent and custody activities for its Private Equity and Infrastructure funds.

03/18/2024

Can UBS become Europe’s Morgan Stanley?

At the division’s first leadership conference for several years, Federer shared his experiences of coping with the pressure of being a tennis superstar.

03/18/2024

Iqbal Khan & Co are firmly in the race to succeed Ermotti at UBS

When it comes to replacing CEO Sergio Ermotti - Kelleher wants him to remain in office for at least four more years - he would also like to take his lead from the US institute.

03/18/2024

Two former CS store managers are moving to Paradeplatz boutique

As the investment company finews.ch, based on Paradeplatz in the heart of Zurich's banking center , confirmed, around 20 employees now work for the company in the Client Solutions department.

03/18/2024

Wealth veteran takes swipe at M&A as he sets up own business

Former Gerrards and Ravenscroft investment manager Kieran Follis has partnered with P1 Investment Services for his new wealth business.

03/18/2024

Partners Group adds private markets royalties to its investment platform

The team will be integrated into the wider Partners Group platform and will benefit from the firm's existing network, expertise, and portfolio insights.

03/18/2024

Quilter announces next instalment of platform enhancements

The Quilter platform will also now use the Faster Payments System for single ad hoc withdrawals and crystallisation payments.

03/18/2024

Quilter announces next instalment of platform enhancements

The Quilter platform will also now use the Faster Payments System for single ad hoc withdrawals and crystallisation payments.

03/18/2024

Othis launches personal wealth management platform for individuals and families in Europe with diverse portfolios

With the initial product, Othis targets individuals and families with portfolios of diverse assets.

03/18/2024

Former Tees Wealth head launches investment management firm with P1

A discretionary managed portfolio investment service on a more individual, bespoke basis will also be offered.

03/18/2024

JPM AM calls time on quintet’s long-running bond fund

Fund house to liquidate sterling-focused debt strategy after seeing steady decline in assets.

03/15/2024

EFG Agrees to Pay the US for Possible Sanctions Breaches

The settlement amount reflects OFAC’s determination that EFG’s apparent violations were voluntarily self-disclosed and not egregious, and also reflects EFG’s significant remedial measures

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