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

HSBC Holdings plc Interim Results 2022

Reported profit after tax increased by $0.8bn to $9.2bn.

Evelyn Partners announces continued robust new business generation and strong progress on key strategic initiatives

The business has continued to deliver strong growth in net new business and operating income, while also making excellent progress on key strategic initiatives.

Kingswood makes 6th acquisition of 2022

Kingswood said it had a “transformational year” in 2021

NatWest considering bid for wealth manager Quilter

The lender remains 48% owned by UK taxpayers after a government bailout during the financial crisis more than a decade ago.

Mediobanca BoD- Results for FY 2021-22 approved

The effectiveness of Mediobanca’s business model, its distinctive positioning and diversified activities, have enabled the Group to deliver record 12M results despite the adverse macro scenario and market turmoil

Vontobel Completes Acquisition of UBS Swiss Financial Advisers

Vontobel plans to carry out the operational and legal combination of Vontobel SFA and VSWA

Coutts grows new clients by 11% amid app launch

Operating profit was a 28 per cent improvement on the same period last year

2022 1st half and 2nd quarter results - Amundi

Business activity held up well, in unfavourable market conditions

Primis adds Investec to lender panel

Investec has become the first private bank to join Primis Mortgage Network's lender panel.

StanChart Beats Profit Estimates and Announces Buyback

For the first half, Standard Chartered posted an overall pre-tax profit of $2.82 billion, up 7 percent compared to the same period last year.

Credit Suisse Group 2Q22 Financial Report

The 2Q22 Financial Report

CaixaBank earns €1.57 billion in the first half of the year, up 17.1% on a like-for-like basis

The CaixaBank Group posted an attributable net profit of €1.57 billion in the first half of 2022, up 17.1%, on a like-for-like basis, on the same period of the previous year.

Investec Wealth & Investment announces it will acquire Murray Asset Management

The acquisition of the Edinburgh-based firm, which will see the transfer of the team of staff at Murray Asset Management to Investec Wealth & Investment.

MKC Wealth buys Cheshire IFA Genius Wealth Management

Second acquisition in 2022

Jupiter profits plunge 60% as assets fall £12bn in ‘disappointing’ first half

Profits were heavily impacted by a 15% increase in administrative expenses to £160.2m on the back of a 53% surge in staff costs to £63.9m.

Credit Suisse Needs to Be More Flexible

Despite the call for a strategic review and a new chief at the top, Credit Suisse’s wealth management business in Asia will likely stay the course.

Vontobel delivers a satisfactory result for the first half of 2022

Whilst below the record profit generated in the first half of 2021, as expected, it exceeded the result for the first half of 2020 – which represents the second-highest first-half result since the financial crisis.

The best Hommes d’Affaires for high-net-worth individuals in 2022

This can entail anything from negotiating contracts on their behalf, managing their finances, and even assisting on reputation and public affairs.

Family offices swoop amidst funding drought and retreating VCs

The shift to the deep-pocketed investors from private wealth vehicles is set to prevent VC confidence from declining even further. High inflation, central bank liquidity and rising interest rates have arguably compelled family offices to reconsider their

Sale rumors cause movement at GAM

Possible interested parties are not named in the report. A GAM representative declined to comment to the agency.

Wealth and Asset Management