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Wealth and Asset Management

09/06/2024

Santander “steals” from CaixaBank the architect of its private bank’s success in recent years

The entity chaired by Ana Botín has reorganized the management of the bank in Spain

09/05/2024

SEB to acquire Boye Advisory to strengthen private wealth and family office offering

The transaction will further strengthen SEB’s Private Wealth Management & Family Office division and enhance its offering to this client segment.

09/05/2024

UBS Asset Management completes merger of Credit Suisse Asset Management (Schweiz) AG with UBS Asset Management Switzerland AG

As of 30 August 2024, Credit Suisse Asset Management (Schweiz) AG has been deregistered from the Commercial Register of the Canton of Zurich and has ceased to exist as a separate entity.

09/05/2024

Julius Baer renames subsidiary Kuoni Mueller & Partner to Julius Baer Real Estate Ltd. and acquires all of its shares

At the same time, the Group has bought all outstanding minority shares in the subsidiary, which was acquired in October 2021, and has appointed Thomas Hodel as its new CEO.

09/05/2024

Quilter announces acquisition of NuWealth to enhance digital capabilities

With this acquisition, Quilter aims to evolve NuWealth to work with advisers to help them support clients at the start of their investing journey.

09/05/2024

Coutts Monthly update: Markets restored amid solid company performance

Despite an uncertain start to the month, markets soon recovered and are now looking forward to the first US interest rate cut in four years.

09/05/2024

Howden Switzerland CEO on Growth: «Buying Alone is Not Enough»

While three years have already passed, the firm still faces significant challenges.

09/04/2024

EFG Expresses Interest in Acquiring Banque Havilland Assets

By August 2, the private bank announced that the European Central Bank (ECB) had revoked its banking license in Luxembourg with immediate effect.

09/04/2024

JPMorgan Sets Up Dubai Private Banking Team to Tap Wealth Boom

JPMorgan’s international private bank is larger than any of its US rivals

09/04/2024

Swiss insurers significantly increased their overall result in 2023

The overall result increased by CHF 5.9 billion or 78% compared with the previous year.

09/04/2024

Profit of the Syz banking group fell significantly

Although the company, which also operates in Zurich and Ticino (Lugano, Locarno), does not provide detailed information, it describes the group's net inflows as "positive".

09/04/2024

Zürcher Kantonalbank now offers trading and custody for cryptocurrencies

Zürcher As a universal bank, Zürcher Kantonalbank offers its customers all relevant financial services, including the trading and custody of cryptocurrencies.now offers trading and custody for cryptocurrencies

09/03/2024

Levi9 and ABN AMRO Clearing Bank announce collaboration

This collaboration provides opportunities for growth, digital innovation & quality and for customers a better and quicker collaboration.

09/03/2024

GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running

The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture.

09/03/2024

Wealth managers forecast client growth of more than 20%

The research included wealth managers and financial advisers representing organisations managing approximately £1.207 trillion in assets.

09/03/2024

Mirova exceeds €200 million in commitments for the final closing of its first private equity fund

Two years after its launch, MEAC has lived up to its promise, raising €211m in commitments, from which 30% come from private clients attracted by the multi-thematic approach of this SFDR Article 9 fund1.

09/03/2024

2024 half-year results: Swiss Life increases profit from operations by 7% – significantly higher fee result

Swiss Life further expanded its fee business in the first half of 2024 and increased fee income by 7% in local currency to CHF 1.26 billion.

09/03/2024

WealthTech Solutions Present a $9.43 Billion Market Opportunity by 2028

The wealthtech solutions market is expected to see rapid growth in the next few years.

09/03/2024

Fostering respect between generations key for wealth transfer conversations

By the time those grandchildren have kids, 90 per cent of that family fortune will be gone.

09/03/2024

Titanbay teams up with Mercer on first private markets fund of funds

The product aims to overcome the key challenges faced by wealth managers in accessing private markets.

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