12/23/2017
LLB to buy Austria’s Semper Constantia Privatbank for €185m
LLB also proposed the name of Karl Sevelda, Semper Constantia chairman, as its new board member.
Wealth and Asset Management
12/22/2017
BlackRock takes 5% stake in wealth consolidator
‘We see the continuing support of BlackRock and other institutional investors as a vote of confidence in the group and our strategy'
12/21/2017
Funds Beyond Europe - Jersey Finance
In addition to Jersey’s renowned risk management expertise for funds, new international governance requirements for hedge funds also make Jersey an ideal place from which to conduct business.
12/20/2017
Notice of PreClose Trading Update
Update for the half year to 31 January 2018
12/20/2017
Rathbones’ Thomson slashes UK exposure
Rathbones’ Global Opportunities Fund has dropped its UK exposure from 25% to 7% over the past year.
12/20/2017
Stonehage Fleming makes emphatic return to profit
The full year accounts revealed for the first time that FF&P had been acquired for £1.4 million.
12/19/2017
Old Mutual strikes £600m asset management sale deal with TA Associates
The Single Strategy business has £25.7bn in assets under management.
12/18/2017
Smith & Williamson 'not in position to list' until late 2019
Funds under administration were up 16% over the period to £10.7 billion.
12/18/2017
Proposed acquisition of Generali PanEurope to create €24 billion specialist wealth manager
The sale of the business to LCCG marks a very important step in our future development.
12/18/2017
Standard Life fails to stem £23bn outflows
Outflows surged in the newly named Aberdeen Standard with net outflows of £28.1bn in AUMA over the nine months, up on the previous year’s £25.8bn loss.
12/15/2017
WH Ireland reports 40 percent increase in wealth planning revenue
Our private company initiative, the Investor Forum, has gained significant momentum and we expect this new initiative to enhance the revenue growth prospects of this division during the forthcoming year.
12/15/2017
Standard Life Aberdeen faces heavy institutional redemptions
“Standard Life Aberdeen is making good progress towards creating a world-class investment company. The integration of Aberdeen Standard Investments is on track and we are delighted with the way the teams are coming together to deliver for clients.
12/15/2017
National advice firm acquires Bristol IFA
CEO will join the senior management team
12/15/2017
OMGI's Buxton set to announce £550m buyout with backing from TA Associates
£25bn single strategy business
12/15/2017
Santander to buy Deutsche Bank’s private and retail banking business in Poland
A total of 113 branches and 1,500 staff will migrate to Santander as part of the deal.
12/14/2017
Office Spotlight: Canaccord Genuity Wealth Management, Jersey
Q&A with Andre de Gruchy
12/12/2017
Winners of Private Banker International Switzerland Awards 2017 revealed
The Outstanding Family Office Proposition award went to Stonehage Fleming, while REYL & Cie took home the Outstanding Boutique Private Bank.
12/11/2017
EFG International successfully concludes BSI integration
The process included six legal integrations and nine IT migrations on a global basis
12/07/2017
Vontobel sells Liechtenstein operation
The transaction is expected to close in the first quarter of 2018, subject to regulatory approval being granted.
12/07/2017
Banca Generali Wins Two Prestigious Awards From Global Brands Magazine - Best Private Banking Brand, Italy & Best CEO - Private Banking, Italy
Banca Generali, is a leading banking group in Italy, has recently won two Global Brand Magazine Awards. They were awarded as a winner for the Best Private Banking Brand, Italy & Mr. Gian Maria Mossa as Best CEO - Private Banking, Italy.