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

Vistra Celebrates 10 Years in UK and Continued Growth

2016 saw the successful rebrand of the Orangefield Group to Vistra, a milestone for the latter’s alternative investments division

OMW advice business acquires third financial planning firm

The business hopes to have £1bn in assets under advice by the end of 2016.

Close Brothers assets under management hit £8.2bn

The Banking division performed strongly in the first quarter with continued good growth in loan book and profit.

Valartis Group AG: Lifting of definitive moratorium due to successful recovery

The Board of Directors and the management of Valartis Group AG would like to take this opportunity to thank all their creditors for the patience they have shown and for their understanding and trust.

Swiss bank trains staff to spot signs of dementia in clients

Julius Baer says industry needs to protect those suffering cognitive decline

Mattioli Woods launches new fund

The firm said its new approach will make it as easy for clients to buy and sell structured products as ordinary shares.

ABN Amro to sack 1500 jobs as it reports quarterly profit rises 19pc

The cost-income ratio, a measure of efficiency, worsened to 61.8 per cent at the end of the third quarter from 58.5 per cent a year ago.

Societe Generale rebrands private banking division following Kleinwort Benson acquisition

Kleinwort Hambros is the combined businesses of Societe Generale Private Banking Hambros and Kleinwort Benson

Responsible investment wealth management firm launches

It is clear that many clients are looking to achieve a greater level of positive impact with their wealth

Investec Wealth & Investment hits £50 billion

Profits at the wealth arm, headed by Jonathan Wragg, rose 14.1% to £43.2 million, which Investec said was supported by higher than average funds under management and net inflows of £0.7 billion.

Wealth manager focused solely on SRI launches in the UK

In response to demand for SRI focused management

Julius Baer banks on new hires to spur growth

Of the new hires, 115 were via recruitment and 44 came through two acquisitions announced earlier in the year.

Guernsey launches new regime for Private Investment Funds

By constructing a new regime for Private Investment Funds, the GFSC has demonstrated its commitment to the continual evolution of this important sector for the island.

Old Mutual Wealth swoops on advice firm

The acquisition of JW will add £100 million in assets under advice bringing it closer to Old Mutual Wealth Private Clients' stated aim of having over £1 billion and over 40 advisers by the end of the year.

Santander buys back asset management arm, mulls Allfunds sale

Becomes sole owner of AM business

Ethical wealth firm partners with LGT Vestra for launch

David Scott, managing partner at LGT Vestra, added: 'It is clear that many clients are looking to achieve a greater level of positive impact with their wealth.

Investec looks to build Irish wealth unit via acquisitions

The wealth management business in the Ireland needed to be scaled up.

UBS Wealth CIO bucks consensus with pro-euro call for 2017

It's a gutsy call because the political calendar does make a lot of people worry.

ABN Amro quarterly profit up 19%; bank to shed more jobs

In 2016 we updated and extended our strategic priorities and financial targets towards 2020.

Largest Wealth Fund Finds Value in Israeli Banks After Job Cuts

Now some are moving to reinstate or increase dividends that had been curbed by regulators.

Wealth and Asset Management