- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Kingswood increases AUM/A to £6.8bn

In its annual report, the company stated that this surge was 10% driven by organic growth and 5% through acquisitions.

AFM Wealth secures £5.3mn loan to bolster acquisitions

Established in 1999 by co-founders, Mark Eaton and Spencer Watt, Absolute Financial Management now sits under the umbrella of AFM Wealth with assets under management exceeding £500mn and more than 4,500 clients.

Coutts support investors' call for Real Living Wage at Sainsbury's

While terms like ‘sustainability’ and ‘net zero’ seem to make up most conversations about responsible investing

CaixaBank, named “Best Private Bank in Europe for Big Data Analytics and Artificial Intelligence”

The awards, this year in their fifth edition, recognise private banking entities that demonstrate excellence in their technology, innovation and digital transformation.

Credit Suisse bolsters compliance, plans cost cuts from technology for turnaround

The Swiss bank has been slammed for a lack of adequate staffing in risk and compliance

OakNorth Bank completes £5.3M loan to Kent-based, AFM Wealth, to support IFA acquisition programme

With over 4,500 clients and AUM exceeding £500M, the firm provides expert financial advice for both businesses and individuals

Julius Baer CEO says Switzerland needs two big banks to fuel competition - report

Competition stimulates business.

Credit Suisse wealth growth initiatives may need to be 'tempered'

In principle, our plan continues to be to grow our lending book in wealth management and directionally go towards the 3 billion.

The role of wealth managers in decision making: Elon Musk Twitter deal

In this article, we’ll give a quick rundown of the major developments and the role of wealth managers in the deal.

Highvern shortlisted for two STEP Awards

These Awards are viewed as a hallmark of excellence and innovation amongst private client professionals worldwide.

Tavistock’s advisory revenues jump after string of acquisitions

In January this year, the group acquired independent financial advisory group Morgans Limited for £3.7mn.

Credit Suisse Asset Management reaches agreement with Bluestone Resources

The agreement is subject to fulfilment of certain conditions precedent and requisite regulatory approvals.

Quilter Investors ups income forecast for Monthly Income range once again as 21/22 payout beats estimates

This forecast follows a successful previous year for the range where income delivered came in ahead of estimates.

Deutsche Bank’s Leadership Takes Financial Hit on Staff Use of WhatsApp

German lender has come under criticism from regulators

UBP Sells its American Client Business

The two sides have agreed not to disclose the price of the deal for client assets totaling 1 billion Swiss francs ($1.04 billion) to be transferred.

Alternatives are back with diversification opportunities

In the meantime, equity and bond markets are adapting to the tougher conditions, including a rise in interest rates that has spelt the end of free money.

IQ-EQ Compass wins Gold in Citywealth Brand Awards 2022

The award ceremony took place in London on 21 June 2022, where representatives of IQ-EQ were in attendance.

Alpha Financial Markets posts its "best year in history" as profit up

The number of Alpha Financial's clients increased to 718 from 439 the year before, fostering revenue growth alongside the integration of Lionpoint.

BlackRock veteran partners with P1 to launch impact wealth firm

Nick Stoop’s new firm, Pangea Impact Investments, will build impact-focused model portfolios.

JTC Wins at Citywealth Brand Management and Reputation Awards

The winners were announced at an event in London earlier this week

Wealth and Asset Management