07/29/2022
The CaixaBank Group posted an attributable net profit of €1.57 billion in the first half of 2022, up 17.1%, on a like-for-like basis, on the same period of the previous year.
07/29/2022
The acquisition of the Edinburgh-based firm, which will see the transfer of the team of staff at Murray Asset Management to Investec Wealth & Investment.
07/29/2022
Second acquisition in 2022
07/29/2022
Profits were heavily impacted by a 15% increase in administrative expenses to £160.2m on the back of a 53% surge in staff costs to £63.9m.
07/28/2022
Despite the call for a strategic review and a new chief at the top, Credit Suisse’s wealth management business in Asia will likely stay the course.
07/28/2022
Whilst below the record profit generated in the first half of 2021, as expected, it exceeded the result for the first half of 2020 – which represents the second-highest first-half result since the financial crisis.
07/28/2022
This can entail anything from negotiating contracts on their behalf, managing their finances, and even assisting on reputation and public affairs.
07/28/2022
The shift to the deep-pocketed investors from private wealth vehicles is set to prevent VC confidence from declining even further. High inflation, central bank liquidity and rising interest rates have arguably compelled family offices to reconsider their
07/28/2022
Possible interested parties are not named in the report. A GAM representative declined to comment to the agency.
07/28/2022
Despite a difficult market backdrop, net inflows in the first half were positive.
07/28/2022
“We have built a diversified and resilient business that has weathered difficult market conditions, can fund growth and has put us in an excellent position to serve our clients."
07/28/2022
The British lender on Thursday reported pretax profit of 3.7 billion pounds for the first six months of the year, down from 4.9 billion pounds in the same period last year and just below analysts' forecasts.
07/28/2022
Strong new business and financial performance
07/27/2022
Group shows substantial growth
07/27/2022
With inflation reaching record levels on both sides of the Atlantic, Coutts Head of Asset Allocation Lilian Chovin takes a deep dive into what it means for investors.
07/27/2022
Several wealth managers have reported that net interest income soared during the second quarter thanks to higher interest rates and steady demand for securities-based loans, mortgages, and other lending products.
07/27/2022
Deutsche Bank has announced its highest second-quarter and half-year post-tax profits since 2011.
07/27/2022
WM AUM remains at £1.6bn
07/26/2022
Currently, the Sanlam Portal and Platform sit with Chesnara, along with £7bn of assets.
07/26/2022
Bridge loans play an important role in the completion of individual transactions in takeovers and mergers, and are an integral part of investment banking typically generating a high percentage of the fees and commissions earned in those business units.