10/20/2023
New Round of CS Job Cuts Focused on Support Staff
The cuts will target about 10 percent of support staff, likely in areas such as compliance, risk and marketing, starting on November 6.
Wealth and Asset Management
10/20/2023
World's Best Private Bank Awards 2024
The winners are not always the biggest institutions, but rather the best—those with qualities that individuals rate highly when choosing a provider.
10/20/2023
Changes to the Boards of Directors of UBS Switzerland AG and Credit Suisse (Schweiz) AG
The two banks will be managed by their respective Executive Boards until the legal merger.
10/20/2023
Is ZKB Taking a Page From the UBS and Credit Suisse's Playbook?
The idea is to help clients with their businesses and increase their wealth.
10/20/2023
‘Valuations are extreme’: JSS multi-asset outperformer
Serge Alarcon is underweight megacaps and expects mean reversion to favour his funds.
10/20/2023
Arbuthnot Banking Group PLC Third Quarter 2023 Trading Update
Once again, rises in the Bank of England base rate contributed to increased revenues from our repricing assets.
10/20/2023
How late is too late to start saving for retirement?
Having a range of assets to rely on as a pension will give you options.
10/20/2023
JPMorgan Puts its Name in Lights Over Geneva
The neon advertisements on Geneva's lakeside and riverfront streets have a long tradition.
10/20/2023
What’s an asset manager worth? It depends what they do
Quoted groups’ share prices are still in the doldrums – mostly.
10/19/2023
GAM Holding AG Announces First Steps in Turnaround
The sale of the third-party Fund Management Services activities to Carne Group is progressing well
10/19/2023
Growth slows at Hargreaves Lansdown as investor confidence falters
AUM up £800m in Q3 2023
10/19/2023
Julius Baer International continues UK expansion, establishes Newcastle office
The office is located on Hood Street in the city centre.
10/19/2023
Tatton sees AUM grow by almost 8%
Tatton said the “strong organic net inflows” were supported by a positive market performance of £0.10bn.
10/19/2023
UK's Schroders posts lower quarterly assets under management
Major central banks around the world have hiked interest rates to contain runaway inflation.
10/19/2023
Rathbones flows fall flat as Investec W&I merger completes
£100m inflows in Q3
10/19/2023
HL shares drop as new customers and trading dry up
The online brokerage’s shares were down 5% as it struggled to gain new clients, while existing clients moved cash out of dormant accounts.
10/18/2023
Julius Baer Faces Being Pilloried
But now Julius Baer's name is coming up concerning tax crimes, money laundering, and alleged fraud.
10/18/2023
Indosuez CEO Jacques Prost: «1+1 doesn't make 2 at new UBS»
At the same time, it's been present in Switzerland for 145 years and can reflect on a long experience in business with wealthy individuals, families, and companies in this country.
10/18/2023
Nikko Asset Management joins long list of financials calling for plastic reduction
They warn that the whole plastics lifecycle poses a serious and growing threat to the environment, climate, biodiversity, human rights and public health.
10/18/2023
Liontrust Loses £1.6 Billion of Assets in Months of GAM Takeover Bid
At the same time, assets under management fell 6.3 percent to 27.7 billion pounds at the end of the quarter, slipping further to 27.5 billion as of October 12.