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

Close Brothers Shares Plummet as Margins Come Under Pressure

That’s slightly below the 7.1% it had in the six months ending Jan. 31 and it’s also less than the 7.2% analysts were expecting.

Phoenix to launch retirement advice service

The pension provider indicates that it will seek to enter the advice market as it looks to ‘leverage the opportunities that the retail market presents’.

Hampden Bank Moves to New Edinburgh Office and Rebrands

Hampden Bank is set to report continued growth in its 2024 annual results next month and will mark its 10-year anniversary in June.

Credit Suisse turned down takeover bids one year before collapse

Credit Suisse would have retained a 25% stake, and the new owners would have provided clients with financial products.

So, what has GAM’s new global equity chief done in his first year?

Paul Markham arrived amid a wave of change at the Swiss asset manager. He speaks to Citywire Selector about recruitment, renewal and what comes next.

Fairway Group sees eight team members secure Management Development Accreditation

The accreditation is recognised by The Institute of Leadership and Management (ILM).

Deutsche Bank publishes 2024 Annual Report and confirms outlook for 2025

The Annual Report includes the bank’s Consolidated Financial Statements, the 2024 Compensation Report and management’s outlook for 2025.

UBS CEO Sergio Ermotti’s Salary Draws Attention

The remuneration for CEO Sergio Ermotti, in particular, has drawn attention.

TrinityBridge – the renamed Close Brothers AM business- begins new chapter as an independent wealth manager with £35m investment

A central focus of this investment is the development of a new investment platform, which is being built through strategic partnerships with industry-leading firms.

Ritholtz Wealth Management CEO Josh Brown Invests in FINNY, Joins Advisory Board to Help Scale AI-Powered Organic Growth for Financial Advisors

Brown joins an advisory board that includes industry heavyweights such as Arun Anur, chief operating officer at wealthtech juggernaut Orion.

VP Bank Promises Improvement

After the disastrous year of 2024, VP Bank aims to grow and increase revenue in the current year.

Len Blavatnik: Family offices ‘should invest’ to power growth of UK life sciences sector

Philanthropists and family offices have a vital role to play by seizing the high-risk, high-reward opportunities that can lead to groundbreaking innovation, said Sir Leonard Blavatnik

‘We’re not the US!’: Wealth managers stand by DEI

UK wealth managers pledge to keep DEI targets as regulators scale back their demands.

VP Bank records a group net income of CHF 18.5 million and is on track with its package of measures to increase efficiency

Client assets under management rose by 9.5 per cent, while the new money inflow was 3.6 per cent.

Wealth and Asset Management