06/20/2023
Julius Baer publishes Global Wealth and Lifestyle Report 2023
The average price of Julius Baer’s Lifestyle Index has increased by 6% in US Dollar, but by 13% in local currencies.
Wealth and Asset Management
06/20/2023
Rothschild Expects 50% Profit Decline Amid M&A Slowdown
In 2022, Rothschild’s profit was €249 million in the first half, and €606 million for the entire year.
06/20/2023
‘A heavy lift in very short time’: Private banks brace for consumer duty
Five wealth and private banking heads share their views on the upcoming regulation and why it is much more than just going through a series of checklists.
06/19/2023
IBoss portfolios launched on 7IM platform
The IBoss discretionary MPS consists of 32 risk-rated portfolios across four ranges: core, passive, income, and sustainable.
06/19/2023
Wealth management giant St James's Place signs decade-long deal for new Spinningfields office
St James's Place is a FTSE 100 company
06/16/2023
Wealthtech Everon makes a move into private banking
There is only a small number of wealthtechs making a splash in the sector or gaining market share. Everon wants to change that.
06/16/2023
Private Banking & Wealth Management London Awards 2023 winners announced
The awards evening saw a great number of financial institutions rewarded for a year of outstanding work.
06/16/2023
Key Credit Suisse Whistleblower is Just Getting Started
The plight of a whistleblower is a difficult one - particularly when they are going up against what was once one of the world’s largest financial institutions.
06/16/2023
Wakefield wealth management firm attracts top talent to fill financial advisor role
A wealth management firm in Wakefield has appointed a new financial advisor, Stephen Luwero, who has worked in investment banking in London and the North of England for over 20 years.
06/16/2023
Credit Suisse bankers eye exit packages as integration with UBS begins
Managing director-level bankers are less likely to ask potential future employers for perks such as guaranteed bonuses if they can walk away from Credit Suisse with a payout.
06/16/2023
Amundi launches euro government-tilted green bond ETF
The ETF is designed to enable investors to shift their core euro government bonds towards a responsible exposure.
06/16/2023
Financial education charity backed by Quilter reaches 28,000 in first year
MyBnk's research shows two out of five of young adults are not financially literate and 61 per cent of young adults cannot recall receiving financial education at school.
06/16/2023
UK wealth exodus: Brexit and non-dom debate ‘driving away the rich’
The UK is set to lose more millionaires than Russia in 2023, new analysis shows
06/16/2023
Lombard Odier and Janus Henderson partner on fund platform
This gives investors access to a focused, big cap fundamental equities long/short strategy with a focus on Europe.
06/15/2023
Cazenove Capital 2nd Office Chair Grand Prix 2023 raises £100k for the NSPCC
City firms joined in the fun, some in fancy dress such as jockeys, Top Gun characters, the cast of Scooby Doo, Where’s Wally, and bee keepers.
06/15/2023
Ex-CFO of SJP partner firm buys UK wealth manager
Founder will retire from the business following the deal
06/15/2023
Warnings of ‘fire escape’ tax plans for wealthy Brits under Labour
He claimed clients who settled here for tax reasons to start with say they are willing to leave.
06/14/2023
Henley Private Wealth Migration Report 2023
The HNWI migration figures focus only on HNWIs who have truly moved — namely, who stay in their new country more than six months a year.
06/14/2023
Astrobank awarded as best bank in Cyprus for private banking
AstroBank has developed an extensive customer base, which is significant considering the Bank’s size and overall market share in Cyprus.
06/14/2023
Tyndall Partnerships builds out an Investment Committee of industry heavyweights
The new Investment Committee will work with this team, offering depth of experience in their respective areas of specialism and additional objectivity to challenge tactical asset allocations where necessary.