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

Behind the Headlines: HL deal proof that public markets are ‘falling out of love’ with wealth management

The offer provides an immediate cash value to HL shareholders at a significant premium of 54.1% over the pre-announcement share price.

Evelyn Partners delivered record H1 financial performance with a 18.3% increase in adjusted EBITDA

Record AUM of £62.2 billion, up 13.3% year-on-year and 5.2% since 31 December 2023.

J. Safra Sarasin Triples US Rate Cut Forecast

On the selloff itself, Junius said that recent market turbulence highlighted that macro risks are shifting from inflation to growth

Banque Havilland placed into administration

Laurent Fisch, a Luxembourg lawyer, and EY Strategy and Transactions, a consultancy, were named administrators and have taken charge of Banque Havilland’s assets.

Are private banks still worth it?

Account holders cherish the personal touch and the feeling of belonging to an elite club — but what about the products and services on offer?

WH Ireland aims to grow wealth management after capital markets sale

WH Ireland also took GBP2.9 million in restructuring costs, versus none the year before.

UBS: Week full of action for Ermotti and Kelleher

The positive surprise triggered a price explosion for UBS shares.

WH Ireland withdraws wealth management arm sale as overall revenue falls 19%

UBS's prestigious building: confidentiality obligation for prospective tenants

But the major bank is keeping its cards close to its chest.

What is the perception of banks in Switzerland? Exploring Swiss public opinion

It aims to take a pulse check on how the Swiss population perceive the country’s banking institutions and their economic role.

Private banks split on buying the equity dip call

Many private banks are telling clients to hold fire on US equities, expecting better entry points in the coming weeks, but UBS sees opportunities in tech and buying back into Japan is a popular trade.

Santander deploys deepfakes to raise awareness of AI scam risks, with half of Brits unaware or confused by the emerging threat

A deepfake is a video, sound, or image of a real person that has been digitally manipulated through artificial intelligence (AI), to convincingly misrepresent an individual or organisation.

Asset Manager GAM Slowly Emerging from the Storm

To achieve greater financial stability, the Zurich-based asset manager is aiming for a capital increase of up to 100 million francs, fully underwritten by anchor shareholder Rock Investment SAS.

BCGE Stable figures following record result in 2023

Half-year Group results as at 30 June 2024

Foundations gild Swiss standards

The private bank benefits from having eight of its own locations in Germany

LGT supports FAST initiative against slavery for another year

LGT Private Banking has supported the initiative since its launch in 2018 and will continue its commitment for another year.

3 share ideas with the potential to grow wealth over the long term

For those with more time on their side, there are three key things to look for in a company – strong growth prospects, a dominant market position, and a history of being able to adapt.

SJP’s Polaris funds hit £46bn and overtake Vanguard LifeStrategy

St James’s Place’s multi-asset range continues its rapid ascent since launch in 2022, growing by £9bn in just two months.

All in the game: wealth firms target sports stars

Economic benefits for host countries are always debated before and after tournaments, while many sports stars improve their branding and sponsorship prospects during the events.

LGT Crestone carves out increasing role in HNW wealth management sector

The largest companies benefiting from AI were listed offshore.

Wealth and Asset Management