08/06/2020
HSBC cuts bonus pool by US$600 million as bank focuses on costs, bad loans
Bonus cuts come despite 55 per cent jump in revenue in global markets business in second quarter
Wealth and Asset Management
08/06/2020
Bank of America targets $3,000/oz as gold shatters price record
The prediction comes after the precious metal passed the $2,000 mark for the first time.
08/06/2020
Kuits retains top tier Chambers High Net Worth ranking
Independent law firm Kuits remains in Band 1 alongside national practices Addleshaw Goddard and Mills & Reeve.
08/05/2020
Coronavirus Q&A: What Next for Investors?
Our experts discuss the pandemic’s effect on financial markets and the wider world.
08/05/2020
Greatly exaggerated by Julius Baer
Yes, the Federal Reserve has been printing money like there is no tomorrow.
08/05/2020
Close Brothers expands North West footprint
The new location in the heart of Chester will be home to bespoke investment managers, financial planners and their client support teams
08/05/2020
Greece bids to attract the super wealthy
Greek laws do not account for family offices, but the government is preparing a plan that would provide incentives for such companies to relocate to Greece
08/05/2020
Italian WM tech firm opens Zurich branch
Prometeia aims to become the ideal partner for Swiss financial institutions looking to transform their wealth management technology and processes
08/05/2020
Fairstone adds 500 clients and £400m FUM with Chiltern House acquisition
Adding £400m FUM
08/05/2020
The Drivers, Challenges, Opportunities, Steps and Technologies & Tools for Wealth Management Firms
Through the interview William and Amrik talks about the background and origins of Contemi,
08/04/2020
GAM Discerns a Silver Lining
Our operations have remained resilient and productivity has remained high in a Covid-19 remote working environment, and we are making good progress with our strategy.
08/04/2020
HSBC Switzerland records loss after pre-tax revenue falls by $90m
In positive news, customer accounts in Switzerland increased from 6,558 to 9,146 in the first six months of 2020.
08/04/2020
Schroders Global Investor Study 2020: Bullish investors still targeting investment returns above 10% despite Covid-19 shock
Average annual return expectations over the next five years have edged up to 10.9% for investors globally
08/04/2020
Aegon finalises Kames rebrand
Kames Capital will rebrand as Aegon Asset Management on 7 September, with the names of its suite of funds following suit.
08/04/2020
Revealed: Bristol boutique enters acquisition arena with IFA buy
RC Brown has made its first buy, with the firm aiming to expand its offering among advisers.
08/04/2020
Pictet eyes long-term growth stocks with new market neutral global equities hedge fund launch
The new strategy is a UCITS compliant version of an existing market neutral global equity hedge fund strategy managed internally by Pictet’s Aquila team within the firm’s multi-strategy funds offering.
08/03/2020
Société Générale falls to surprise loss
During the first half of 2020, Societe Generale successfully adapted to the consequences of the health crisis and was therefore able to effectively support its customers and employees, thereby strengthening its position as a trusted partner.
08/03/2020
SMP Group completes acquisition
The deal has been undertaken with the support of Palatine Private Equity LLP, the UK midmarket private equity house that partnered with SMP in its 2019 management buy-out, with additional debt funding from Apera Asset Management.
08/03/2020
HSBC’s First-Half Profit Dive Misses Analyst Forecasts
The bank also warned of expected damage to its core capital ratio as worsening credit ratings impact its risk-weighted asset ratio.
08/03/2020
Wealth management firm completes £25.6m deal
All 33 of its staff will be retained by Mattioli Woods following the deal.