09/08/2022
FNZ invests in proptech Nokkel to provide visibility over property assets
The investment forms part of a wider partnership that sees Nokkel’s market leading solutions integrated into FNZ’s global wealth management platform.
Wealth and Asset Management
09/08/2022
Bordier: 'Not for sale, never has been, never will be'
He became a very familiar figure among advisers in the early to late-2000s for his work with Skandia
09/08/2022
Adviser purchases of investment trusts hits highest level
Head of intermediary communications at the AIC, Nick Britton, said historically, market downturns have been a great time to buy investment companies.
09/08/2022
UK wealth consolidator buys IFA company
Goldsborough Wealth is a sound strategic fit for the group that will both complement and enhance our overall offering for clients.
09/08/2022
M&G and Invesco top 100 Club rankings
To be included, a fund is expected to have beaten the benchmark by at least 5 per cent on a one-year basis.
09/07/2022
JTC Private Office Shortlisted in the 2022 Spear's Awards
The winners will be announced at an award ceremony on 2 November 2022 at the JW Marriott Grosvenor House, London.
09/07/2022
St James’s Place taps AML regtech Napier for customer screening solution
The company says its solution will provide SJP with the ability to continuously screen entities against global watch lists of sanctions, politically exposed persons and adverse media, as well as any internal whitelists and blacklists, across the entire or
09/07/2022
Private Market Hub Becomes the First Multi-jurisdictional, Multi-tenant Enabled Solution for Private Equity Firms Globally
Northern Trust funds first to go live on the new multi-jurisdictional environment
09/06/2022
7IM launches portfolio for clients with greater risk appetite
7IM’s MPS range comprises of passive, active, and responsible choice portfolios.
09/06/2022
Credit Suisse signs agreements with Butterfield and Gasser Partner to sell its global trust business
The transaction with Butterfield is expected to close in the first half of 2023 and is subject to customary conditions, including regulatory approvals.
09/06/2022
Expect further M&A acceleration in wealth management
The sharp rise in inflation, as well as ongoing supply chain issues and enduring pandemic-related pressures, still pose risks to many groups.
09/06/2022
EFG International opens Representative Office in Israel
The opening of the new Representative Office in Tel Aviv will expand EFG’s coverage of the Israeli market and capture the significant wealth management opportunities in the region.
09/06/2022
CHF 7bn ex-Lombard Odier wealth manager gets banking licence
Cité Gestion was founded in 2009 as a custodian and securities dealer by Lombard Odier. It was bought out by six managing partners in 2017.
09/06/2022
St James’s Place Upgrades Financial Crime Defences With Napier’s Advanced Screening Tool
With Napier’s AI-enhanced screening solution, St James’s Place can leverage large-scale, ongoing customer screening and re-screening capabilities.
09/05/2022
Geneva group buys Sberbank Switzerland
The bank will now be called TradeXbank and all of its employees in Zurich will keep their jobs.
09/05/2022
PE-backed firm Solomon Capital Holding makes second acquisition
Buy-and-build strategy
09/05/2022
Cardea Group acquires Trinkler & Partners and continues on its growth path
Cardea plans to expand its presence in Switzerland by a combination of strategic acquisitions of small to mid-size wealth management firms in parallel with the hiring of individual wealth advisors and their teams.
09/02/2022
Quilter to pay £310k over two historic Fos cases
Returns fell from £4k to £160 over four years, before the investment was valued at just £1.
09/02/2022
Credit Suisse Reportedly Plans to Ax Thousands of Jobs
The cuts are part of broader plans to reduce $1 billion in costs to help the bank recover from a series of scandals and quarterly losses.
09/02/2022
Defining and then Refining the Right Business Model for Success
Blake opened his commentary by agreeing with a fellow panellist’s view that private wealth continues to grow rapidly across Asia, which translates into a significant opportunity for the industry with much of that wealth remaining self-directed or un