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HSBC expands local International Wealth Hub with additional wealth advisors

The aim was to create around 30 new roles and enhance our range of wealth solutions and services.

Four in five wealth managers struggle to meet client demand for private markets due to regulatory challenges

As private market investments generate increasing interest from HNW individuals, wealth managers need to consider that these clients are likely to operate from several international locations.

AFH Financial Group acquisition completes

There is a strong strategic and cultural fit for all stakeholders and we are confident that our partnership will enable us to service growing client needs and grow market share, reflecting our strong track record of increasing shareholder value.

Vontobel Speeds Up Purchase of UK Asset Manager

Since Vontobel bought into it in 2015 TwentyFour’s assets under management have grown to 24.2 billion francs ($26.3 billion) from 6.4 billion.

G+E Wealth Management acquires Yorkshire wealth management firm

The acquisition was supported by leading alternative finance provider to mid-sized SMEs, ThinCats, led by Ben Kimball.

UBP to acquire Geneva private bank

The onboarding of Millennium Banque Privée’s teams will contribute to broadening UBP’s footprint in selected countries

Fairstone Partner with James Ryan Thornhill Under its DBO Programme

The deal brings more than 1,000 clients, five advisers and eight support staff to the wider business as well as gross annual fee income of around £1.2 million and funds under management of over £160m.

Sinara Group extends international coverage through Cyprus-registered holding company

Sinara Financial will offer investment management

PraxisIFM puts ESG at the top of its business agenda

The Environmental Business Operations Framework is an international benchmark and serves as an environmental management system to measure, manage and minimise an organisation’s environmental impact.

Record partners with UBS unit to launch sustainable finance fund

Record shares were trading 2.6% higher in London

JTC Wins In Private Client Excellence Awards

The company’s commitment to becoming carbon neutral by the end of the year was also commended along with its charitable initiatives.

Gilbert’s AssetCo collects £30.9m to spend on M&A strategy

The litigation award stemmed from a Court of Appeal ruling against accountancy firm Grant Thornton after it was held liable for negligence when it failed to expose a fraud at AssetCo.

HSBC sole European bank in global top ten listing for tenth year running

HSBC is the only European bank in the global top ten list for the tenth year running, according to the latest rankings from The Banker.

Wealth Manager becomes first bank to automate ETF trading with Bloomberg Rule Builder

The strength of our solution is that it allows firms to deploy automation quickly and easily, by writing automation rules directly on the Bloomberg Terminal

UK wealth manager open to M&A talks with advice firms globally

It is already ‘in exclusive due diligence on two potential deals in two international markets’

How Raymond James is offering its radical employee plan

Extensive due diligence is carried out on every company that wishes to join Raymond James under any one of the four options available.

Digital Mindset Moves into Mainstream

Some wealth firms were slow to embrace technology, but a combination of the Covid pandemic and regulation have ensured digital is now top of the private banking agenda

Credit Suisse Takeover Fears Can Be a Good Thing

A deal would impose much-needed cultural change on the Swiss bank.

Liontrust merges away A-rated manager's European fund

Citywire A-rated Thomas Smith's Liontrust European Opportunities fund has been merged into the Liontrust European Growth fund.

Lombard Odier wins award for sustainable investment technology

This marks the third time Lombard Odier has won an award.

Wealth and Asset Management