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

UBS cuts chairman’s wage and CEO’s bonus following CHF4bn French fine

In addition, UBS’ board of directors will reduce fees for all of its members and eliminate the share price discount, effective from the 2020 annual general meeting.

World Heart Beat Music Academy announced as ZEDRA’s first international charity partner

ZEDRA has a proud track record of supporting local communities in the countries it operates in around the world.

St. James's Place full-year operating profit down 5%

Record funds under management and confidence in our business underpins 5% increase in final dividend.

Hurun Global Rich List 2020

The Hurun Global Rich List 2020 ranked 2,816 billionaires from 71 countries and from 2,182 companies.

SJP boasts a quarter of new chartered planners

Despite this the advice firm reported "record" funds under management of £117bn last year, up from £95.6bn in 2018

A Private Bank That Survived the Nazis May Be Broken by German Tax Scandal

Longtime chairman Olearius forced to leave supervisory board

Pictet Wealth Management to open banking branch in Monaco

From a legal point of view, the new banking branch is affiliated to Pictet & Cie (Europe) SA, the Group’s bank in Luxembourg.

Pictet WM opens banking branch in Monaco

A presence in Monaco will allow us to offer local access to the Pictet Group's investment expertise, borne out by more than two centuries of experience."

Harwood Wealth Management Takeover Offer Gains Approval From UK FCA

The remaining condition for the takeover is a sanction from the High Court of Justice in England & Wales at a hearing which is expected to be held in March.

Private Banking Insight: What are the industry's biggest challenges?

Regulation, recruitment and retention are the three Rs listed by our panel of industry experts

Wealth managers move savers into pricier portfolios

DIY investors are the new target of services designed for the super-rich

Wealth manager Elkstone set to launch €50m seed fund for Irish tech fledglings

The Elkstone management, including Merriman, is also making a significant personal investment in the fund.

UBS unveils investment initiative for private clients

Plastic waste in the sea could outweigh fish by 2050 if current practices continue.

Gold hits seven year high over coronavirus

On Monday the price of gold climber more than 2% and the price for immediate delivery reached as high as $1,678.58 per ounce, then slightly dropped.

Everyone has a number

The point is this. Distrust is massively elevated. What else?

Coutts Returns to Honour the Highest Achievers at #SIAWARDS2020

The Coutts team also support successful industry professionals off the field of play, overall making the bank a natural fit for the Lifetime Achievement Award.

The benefits of capped model portfolio fees

The regulator concluded that price competition was weak in many areas of the retail market with firms enjoying high levels of profitability

Raymond James firm merges with UK investment manager

Combined business will offer services to high net worth individuals, globally

GAM Holding AG announces full-year 2019 results and strategy

General expenses totalled CHF 99.6 million, a decrease of 22% compared with 2018.

TBC Bank Announces Unaudited Preliminary FY 2019 and 4Q 2019 Consolidated Financial Results

The European Union Market Abuse Regulation EU 596/2014 requires TBC Bank Group PLC to disclose that this announcement contains Inside Information, as defined in that Regulation

Wealth and Asset Management