03/06/2023
The acquisition is subject to approval by the Financial Conduct Authority and the Reserve Bank of India and the Securities Exchange Board of India, which AssetCo expects to complete by the third quarter of this year.
03/06/2023
The CEO’s total compensation climbed to over 12.64 francs, consisting of 2.99 million francs in fixed salary and bonus components of 8.5 million francs.
03/06/2023
The initial funding commitment is £8.5mn, with longer-term commitment of £15mn, and beyond, as the business grows.
03/03/2023
Net new business (NNB) was resilient at £(1.6) billion (excluding joint ventures and associates) given the volatile fourth quarter. 2023 has started positively, particularly in Schroders Solutions.
03/03/2023
Blackstone and Sixth Street jointly owned the business since 2015 during which time Kensington improved its processes and expanded its product offerings while achieving an extended period of accelerated growth.
03/03/2023
The transaction was previously announced on 21 October 2022.
03/03/2023
Kaiser joins four Swiss banks, UBS, Credit Suisse, Zürcher Kantonalbank and Berner Kantonalbank, that are already CSD members.
03/02/2023
The backbone of Switzerland’s fantastic banking wealth — and its, for some, questionable international reputation — is private banking.
03/02/2023
The Group’s total client assets stood at CHF 300 billion at end of 2022.
03/02/2023
Under this programme, Julius Baer repurchased a total of 7,799,460 registered shares at an average price per share of CHF 51.29 for a total volume of CHF 400 million on a second trading line on the SIX Swiss Exchange.
03/02/2023
The founding shareholders welcome Andera Acto to its capital, which will accompany the Group in the next stages of its development.
03/02/2023
Lessened derating
03/02/2023
The profit exceeds the previous year's result by 10.6 percent.
03/02/2023
Market movements blamed for 4% AUM decline
03/01/2023
On earnings power alone, the bank performed admirably last year as net profit rose four percent to 440.2 million francs ($476.6 million) compared to the record year 2021.
03/01/2023
The wealth management sector continues to offer a significant long-term opportunity which Rathbones has the brand, momentum and balance sheet strength to benefit from.
03/01/2023
Group CET1 Capital of CHF 6.2 billion up from CHF 5.7 billion at the end of 2021, with a CET1 ratio of 44.1%, well in excess of regulatory requirements.
03/01/2023
As part of its strategic efforts to grow its network of participating members, SDX welcomes Kaiser Partner Privatbank as a new member on its Central Securities Depository (CSD), the first SDX member bank from Liechtenstein.
03/01/2023
In an email to clients sent last night, seen by NMA, Vanguard said it will be refunding clients all financial planning fees they have incurred from the service since they joined.
03/01/2023
CEO Paul Stockton says long-term trends are still in the sector's favour