03/17/2023
The analysts suggested that UBS could buy Credit Suisse and close down its investment banking division, put up its retail bank in an initial public offering, and keep its wealth management and asset management divisions.
03/17/2023
A few family members work in business but not finance directly,” Vayani said.
03/16/2023
It shows a certain degree of nonchalance in viewing the crisis embroiling Switzrand's second-largest Swiss bank, especially since its current stock price of 1.68 Swiss francs won't buy you a lot of bread.
03/16/2023
Credit Suisse also announces offers by Credit Suisse International to repurchase certain OpCo senior debt securities for cash of up to approximately CHF 3 billion.
03/16/2023
The banking sector was shaken by the fall of the start-up focused bank, but we don’t see it developing into a crisis.
03/16/2023
Investec shares are 4% higher after it said in a pre-closing trading update that full-year profit could be at least around £100m higher.
03/16/2023
Shares in the wealth firm dipped more than 7% on Wednesday as its US business was impacted by a delay to a large deal.
03/16/2023
Wealth management firms share their perspectives on the Swiss National Bank offering support to the investment banking giant.
03/16/2023
The two companies have also established a “Tech Advisory Board”, which provides corporate clients that rely on blockchain technology and crypto applications with a platform for the exchange of information and practical experiences.
03/16/2023
The abolition of the pensions Lifetime Allowance was something of a shock, given that leaks had suggested it was being raised to £1.8million.
03/16/2023
These services will be provided directly by Alpha to IQ-EQ clients, following an introduction made by IQ-EQ.
03/15/2023
Analyst James Allen has put a ‘buy’ rating on the stock, suggesting its P/E is significantly lower than competitors
03/15/2023
Overall, the group expects total revenue to decrease by 3.9 per cent year-on-year to £143.6mn.
03/15/2023
At the annual City of London Wealth Management Awards held at The Guildhall, JM Finn was presented with the award for Best Discretionary Wealth Management.
03/15/2023
The commercial momentum helped to sustain assets under management, which stood at 158 billion Swiss francs.
03/15/2023
Although the energy crisis is having a noticeable impact on some energy-intensive sectors, in-depth analysis shows that the overall effect on Swiss industry is less significant compared to other European countries.
03/14/2023
The financial reports of Credit Suisse
03/14/2023
In January 2023, another acquisition was announced with the purchase of Kent-based Financial Planning Firm, Equinox Wealth Limited, which brought another £62 million of AUM.
03/14/2023
Although underlying credit performance remains resilient, the increased uncertainty in the economic outlook has been reflected in higher forward-looking impairment provisions and a rise in arrears in Motor Finance.
03/14/2023
The business is led by Olivier Lapiere and Sebastien Dumont who have both reinvested alongside Ambienta as part of the transaction.