10/31/2023
ABN AMRO CEO Robert Swaak’s term extended by four years, until 2028
His new term will commence at the close of the Annual General Meeting of Shareholders in 2024.
Wealth and Asset Management
10/30/2023
Swiss Central Bank Says It Couldn’t Save Credit Suisse
The Swiss National Bank lacked the means to rescue Credit Suisse
10/30/2023
UBS completes the sale of its 51% stake in UBS Hana Asset Management to Hana Securities
The transaction has received all necessary local regulatory and other approvals.
10/30/2023
LLB will soon be in Europe's largest private banking market three times
The building is located opposite the Alte Oper and therefore in close proximity to Frankfurt's financial district.
10/30/2023
Reviving the Swiss Boutique: The Comeback of Small Private Banks
The interest rate environment was a decisive factor, leading to a marked shift in the earnings structure of private banks away from the commission business and towards the interest business.
10/30/2023
Euro Credit Holdings Limited Unveils Wealth Management Platform to Transform Financial Advisory Services
Euro Credit Holdings Limited Unveils Wealth Management Platform to Transform Financial Advisory Services
10/27/2023
Canaccord Genuity eyes Close Brothers wealth business in UK push - sources
Such a deal would be another example of consolidation in the UK's fragmented wealth management industry, driven by both corporates and financial investors.
10/27/2023
Hertford-based financial planner makes acquisition
Adding £40m to assets under management
10/27/2023
Coutts’ profits drop 58% as clients demand higher-interest accounts
Deposit levels are up, but the private bank is no longer able to sustain high margins on savings as clients seek out higher-interest accounts.
10/27/2023
UBS: The Ermotti Connection Plays in Ticino
It's now also clear what will happen to the previous Credit Suisse boss in Ticino.
10/27/2023
Amundi bucks industry outflows as assets near €2tn
Passive funds and Asia demand stood out during the third quarter
10/27/2023
FCA continues review into NatWest after 'potential regulatory breaches' identified over Coutts incident
'Failed to treat him fairly'
10/26/2023
Room Zero Announces Deal With Jupiter Asset Management
Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information.
10/26/2023
Swiss Life Asset Managers expands index-based investment business
Swiss Life Asset Managers is a leading European provider with a wide range of investment solutions and a wealth of experience in this investment segment.
10/26/2023
Standard Chartered Third Quarter 2023 Results
We have continued to make strong progress in the third quarter against the five strategic actions outlined last year
10/26/2023
UBS AM merges sustainable corporate bond funds
The UBS Corporates Active Climate Aware fund had underperformed its benchmark over five years.
10/26/2023
Private markets manager opens Geneva branch
The new office is managed by Carlos Arias, who formerly worked for Edmond de Rothschild.
10/26/2023
Pictet AM’s European direct lending fund hits €200m target at first close
The newly launched Article 8 fund will focus on financing European lower mid-market private companies.
10/26/2023
Odey Asset Management to wind down subsidiary
A notice for compulsory strike off has been filed for the firm, with a document being processed which will be available in the next 10 days.
10/26/2023
The billionaires and the bank: the tussle at the top of Mediobanca
Shareholders to vote on competing board candidates in a power struggle over the future of the Italian group