08/02/2018
Italian bank Intesa SanPaolo sees earnings rise
Net interest income was down 2.7 per cent to around 1.84 billion euros, while net fees and commissions were flat at 1.99 billion euros.
Wealth and Asset Management
08/02/2018
Lloyds Banking Group profits jump despite £550m PPI hit
UK bank’s earnings buoyed by higher lending margins and cost-cutting
08/02/2018
GAM freezes dealing in bond funds after manager suspension
GAM is committed to ensuring equal treatment of all investors and protection of their interests.
08/02/2018
Chinese consortium buys Irish wealth management and stockbroking firm
Chinese firm seals €150m Goodbody buyout
08/02/2018
European Wealth pockets £1.31mln as Astoria Investments increases stake to 18%
"Our additional investment today reflects our confidence in the future of the group," said a spokesperson for Astoria
08/02/2018
Caledonia invests £14m in 7IM for Tcam acquisition
The deal, for an undisclosed sum, completed on 31 July, the company said.
08/02/2018
Brewin Dolphin opens second London office as part of South East expansion
30th office nationwide
08/02/2018
Asset and wealth management units buoy Q2 results for Natixis
The return on equity is increasing in all the business lines.
08/01/2018
Revealed: the Spear’s wealth management awards shortlists
This year’s shortlist closely tracks our research in our industry-leading indices across the categories of Property, Wealth Management, Tax and Trusts, Family and Reputation Management.
08/01/2018
AllianceBernstein Seeks to Attract the Wealthy to Alternative Investing
AllianceBernstein is the latest asset manager to allow RIA firms and multifamily offices to access its alternative investment offerings through fintech firm iCapital Network.
08/01/2018
Walker Crips profit drops 17.8%
The filing also revealed the Walker Crips' discretionary and advisory assets under management increased by 3.1% to a high of £3.3 billion.
08/01/2018
St. James's Place hikes dividend 20% after inflows boost profit
Consequently, we continue to see a growing demand for highly personalised and trusted face-to-face financial advice and service.
08/01/2018
Quilter signs US fund giants for twin income portfolios
Both mandates will feed into Quilter's WealthSelect managed portfolio service.
07/31/2018
SJP drops Aberdeen Standard from £286m fund
St James’s Place has also unveiled a new Diversified Assets fund, with global investment firm KKR appointed as manager.
07/31/2018
GAM Holding H1 IFRS Net Profit Down 62 Pct
Group assets under management up 3% to CHF 163.8 billion from CHF 158.7 billion at 31 December 2017
07/31/2018
Standard Chartered profits jump despite rising digitising costs
Our improved performance was delivered against a backdrop of continued global economic growth, with strong trade flows and investments and US interest rates continuing to normalise.
07/30/2018
UK Credit Card Firm Closing Accounts For Expats
Any expat that fails the test will have their account closed.
07/30/2018
Schroders to sell Eastern European private banking ops to Swiss bank
The closing of the transaction is expected during the fourth quarter of 2018 and is subject to the relevant regulatory approval.
07/30/2018
Novia global business to overtake UK platform
Mr Field said the growth was driven by the fact many jurisdictions were echoing the reforms made in the UK as part of the Retail Distribution Review.
07/30/2018
Charting the rise of Eastern Europe’s ultra-high-net-worth individuals
The speed of this growth is accelerating, too.