02/14/2017
Data suggests Swiss National Bank intervention to trim rising franc
The SNB declined to comment on its activities, but economists said the numbers demonstrate that the central bank likely stepped in to mitigate the franc's rise.
Wealth and Asset Management
02/14/2017
Credit Suisse Plans to Cut Up to 6,500 Jobs This Year After Loss
The settlement was a “game-changer for us,” Chief Executive Officer Tidjane Thiam said in an interview with Bloomberg Television.
02/14/2017
Roland-Garros and BNP Paribas remain united in their commitment to tennis
BNP Paribas will support the tournament through a period of significant growth
02/13/2017
Profile: Old Mutual’s Freeman on promoting advice outside the bubble
Freeman’s input to the industry goes beyond the day-to-day functions of his job title.
02/13/2017
Tilney brings 40-year veteran out of retirement for charity
Newly created role for Tilney, appointed
02/13/2017
Eclectica slashes half its staff after AUM fall further
According to the firm’s accounts, the 13-strong staff was cut to six, with two junior members from the investment team, four from administration and one from the marketing team leaving.
02/13/2017
Old Mutual receives new approaches for US asset management stake
Insurer has initial talks with Chinese conglomerate and two buyout groups
02/13/2017
SJP slammed over ‘commission-style’ rewards for advisers
St James’s Place, one of Britain’s biggest wealth managers, has come under fire for paying its advisers using an ‘air miles’ type system which rewards them with trips and jewellery for bringing in high levels of client investment.
02/10/2017
Julius Baer served with 306 million euro claim in embezzlement case
Baer is contesting the claim and taking further appropriate measures
02/10/2017
European Wealth bucks Brexit vote to post sharp increase in FUM and revenues in 2016
The company highlighted that the encouragingly strong performance came post-Brexit.
02/10/2017
Double silver win for Equiom at Citywealth’s Powerwomen Awards
The Powerwomen Awards, which champions women in the wealth sector, was held last night at London’s Rosewood Hotel
02/10/2017
Wealth managers weigh tough Brexit relocation decisions
This included whether to grow or reshape their presence in different locations
02/10/2017
Banque SYZ voted "Best Private Bank - Investment Management Platform" at WealthBriefing Swiss Awards 2017
The award ceremony was held in Geneva on 9th February 2017 and organised by ClearView Financial Media.
02/09/2017
Pictet: Dark Clouds Gather
It is the second consecutive fall in profits at Pictet
02/09/2017
Online network aims to 'democratise' wealth management
Wealth managers and financial advice firms across the globe have signed up to the network
02/09/2017
Raymond James Opens Wilmslow Office
"This marks another great step in our expansion in the Manchester area."
02/09/2017
BoC Best Bank for Private Banking for second consecutive year
It also confirms the lender’s successful strategy in offering bespoke solutions and integrated products and services in the area of wealth management.
02/09/2017
Rathbones launches private office
The private office offers clients a range of specialist private banking products, services and lending solutions.
02/08/2017
ABN AMRO MeesPierson named Best Private Bank
A wonderful result and it's good to see that other private banks honor the innovative development of our services.
02/08/2017
Aberdeen Asset Management boosted by RBC Capital upgrade
RBC said the biggest risk remains a recovery in net flows.