11/20/2023
Crossinvest incorporates the team and clients of the Zurich asset manager
The asset manager Crossinvest Zurich wants to take the next step in its growth story.
Wealth and Asset Management
11/20/2023
2plan wealth management announces protection referral partnership with LifeSearch
Through the partnership 2plan advisers can choose to pass their clients, with an identified protection need, directly to LifeSearch.
11/20/2023
Santander Private Bank Introduces Bitcoin, Ethereum Trading for Clients in Switzerland
Santander Private Banking International is offering buy, sell and hold services with bitcoin and ether to clients with accounts in Switzerland.
11/20/2023
Julius Baer No Longer Such a Clear Pure Play
The bank considers itself a pure-play private bank with a focus on wealth management, which is generally light on the balance sheet side.
11/20/2023
IAM Crossinvest absorbs Zurich family office
The Crossinvest group has over CHF 3bn in assets under management.
11/17/2023
Investec holds its own
Investec looks set to meet its full-year targets, despite the choppy economic backdrop
11/17/2023
Coutts wins ‘best bank for diversity and inclusion’ award just months after Nigel Farage debanking row
The awards came just months after Coutts apologised for debanking GB News presenter Nigel Farage.
11/17/2023
Bordier signs on as Sygnum Singapore’s first B2B partner bank at the Singapore Fintech Festival
Partnership will allow Bordier to leverage Sygnum’s institutional-grade custody, risk management and off-balance sheet digital assets
11/17/2023
Edmond de Rothschild and BIDV form a strategic Alliance to create the leading private bank in Vietnam
This partnership will offer unrivaled opportunities for BIDV’s Private Banking clients to experience the most high-end services and connect with global elites through Edmond de Rothschild’s unique ecosystem in Europe.
11/17/2023
Julius Baer to sell Kairos to Anima
Julius Baer Group and Kairos’ co-shareholders have agreed to sell 100% of Kairos to Anima Holding. Closing of the transaction is expected in spring 2024.
11/17/2023
Results of the ONE swiss bank SA Extraordinary General Meeting held on 16 November 2023
In addition to this delisting, the EGM approved the distribution of an extraordinary dividend of CHF 0.23 per share, paid out of the Company’s reserves.
11/17/2023
Two Julius Baer Guernsey wealth managers in Citywire’s Top 100
Citywire, a financial media company offering news and analysis for financial professionals, compiles an annual list of the UK’s leading fund selectors, which is now in its 12th year.
11/17/2023
Wealth firms could see jump in fines in wake of consumer duty
After largely avoiding heavy penalties over the last few years, Oxford Risk has warned the wealth sector could see a sharp rise in fines following the introduction of consumer duty.
11/17/2023
Silchester sells down long-held stake in GAM
The UK boutique has reduced its allocation to the Swiss asset manager in the wake of NewGAMe’s deal.
11/16/2023
EFG International: Record profitability with net profit in excess of CHF 240 million in 10M 2023
In the first ten months of 2023, EFG delivered net profit in excess of CHF 240 million.
11/16/2023
Wealth management sector pays out £3.8m in fines to FCA
The £3.8m equates to around 7% of the total £52.8m in fines imposed by the FCA in the year to date.
11/16/2023
Liontrust suffers bruising losses as clients pull £3.2bn
Pressure from failed GAM deal and its UK equity bias have hurt Liontrust, with losses amounting to £10m in six months.
11/16/2023
Baloise continues to generate growth
All national Baloise companies contributed to the growth, both in local currency terms and in Swiss francs.
11/16/2023
Vencora UK Limited announces public takeover offer for all Traded Shares of CREALOGIX Holding AG
The Board of Directors of CREALOGIX unanimously recommends that shareholders accept the offer.
11/16/2023
ZWEI Wealth launches B2B solution “Wealth Office Professional”
Third parties such as financial advisors, financial planners, trustees, multi-family offices and similar service providers can now also offer and operate a wealth office to their customers.