07/28/2022
Sale rumors cause movement at GAM
Possible interested parties are not named in the report. A GAM representative declined to comment to the agency.
Wealth and Asset Management
07/28/2022
Rathbones Group Plc releases half year 2022 results today.
Despite a difficult market backdrop, net inflows in the first half were positive.
07/28/2022
Schroders plc - half-year results to 30 June 2022 (unaudited)
“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
Barclays' blunders overshadow strong trading performance
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
St. James's Place Half Year Results 2022
Strong new business and financial performance
07/27/2022
Sancus Announces Update on Trading for the First Half of Year
Group shows substantial growth
07/27/2022
The Great Inflation Balancing Act
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
Lending to Wealthy Clients Gives UBS’ Wealth Business a Boost
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 reports profit before tax of € 1.5 billion, its highest second-quarter profit since 2011
Deutsche Bank has announced its highest second-quarter and half-year post-tax profits since 2011.
07/27/2022
WH Ireland delivers pre-tax profits of £1.4m as discretionary AUM grows
WM AUM remains at £1.6bn
07/26/2022
Sanlam Wealth mulls migration of £7bn AUM to customised platform
Currently, the Sanlam Portal and Platform sit with Chesnara, along with £7bn of assets.
07/26/2022
UBS Part of Banking Group Suffering Buyout Lending Loss
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.
07/26/2022
UBS's second-quarter 2022 results
2Q22 net profit of USD 2.1bn, 18.9% return on CET1 capital
07/26/2022
SJP focuses on academy talent as it looks to plug advice gap
Payne pointed out that a goal of the academy is to help plug the advice gap, and that in the past few years advances in technology
07/25/2022
Zurich forays into Italian advice market
Following acquisition of Deutsche Bank’s advisory network in the country
07/25/2022
UK firm gets £3m from Santander to fund wealth acquisition spree
It aims to buy businesses across the north of England and London
07/25/2022
Presentation of the 2022 half-year results for the Julius Baer Group
In the first half of 2022, assets under management declined by CHF 54 billion (11%) to CHF 428 billion.
07/25/2022
Credit Suisse wants to put the brakes on costs
The cost structure is too large for the bank's revenue potential," the source said.
07/25/2022
Bank consortium around UBS suffers loss with bridge loan
But with the market turbulence of recent months, the liabilities assumed in such deals have often proved to be a boomerang for banks.
07/25/2022
Hawksmoor parent company buys wealth and asset management group
Deal takes AuA/M to nearly £8bn