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

Société Générale exits Russia and sells Rosbank stake

The transaction will close in the coming weeks, with the Rosbank stake sold to Interros Capital.

Smith & Williamson International completes acquisition of 7IM Jersey Branch assets

7IM will continue to provide services to its Platform clients in Jersey. Grant Hamilton, Director at 7IM Jersey, will join Smith & Williamson International’s office in St. Helier, Jersey.

Schroders completes acquisition of majority shareholding in Greencoat Capital

Schroders is today announcing that it has completed the acquisition of a 75% shareholding in Greencoat Capital, one of Europe’s largest investment managers dedicated to the high-growth renewable infrastructure market.

This bank is selling its Russian subsidiary to an oligarch

With the sale, however, much greater risks will probably disappear from the balance sheet. In any case, the news of the exit from the Russian business caused the SocGen shares to jump by up to 8 percent at times.

Ravenscroft investment manager recognised in Citywire Top 30 Under 30

Now in its twelfth year, the Top 30 Under 30 showcases the best young talent from across the UK and those who are making their mark in the investment world.

Credit Suisse publishes restated historical financial information reflecting new divisional reporting structure

In addition, Credit Suisse will be providing regional reporting for certain metrics.

Justin Oliver promoted to Chief Investment Officer of Canaccord Genuity Funds.

An investments company with a major site in Blackpool has made a new senior appointment.

Mattioli Woods chief offloads £1.2mn of shares

Mattioli Woods chief exec makes his third share sell this year

What this private banking chief really looks for in new hires

‘This job, at its heart, is about trust’. David Durlacher believes the pandemic has reshaped relationships but some skills persist.

Merit Financial Advisors continues acquisition spree with double deals

This transition will allow our team to centralise select operations, deliver economies of scale and provide more time for my team to personally connect with clients and prospects.

Coutts and NatWest launch accelerator for gaming and social media entrepreneurs

The programme will be delivered in partnership with the NatWest Accelerator which is rated by Beauhurst as the top UK Accelerator by size and growth and formally endorsed by the ScaleUp Institute.

Saltus acquires Hertfordshire IFA as founder calls time

Saltus is buying Bushey IFA NSL Wealth as its founder Syd Symonds retires.

Advisers forced to withdraw from Abrdn fund after error

The fund was incorrectly made available on Quilter’s platform for more than a year.

Vontobel Attracts More New Money

Vontobel estimates the share of Russian and Belarusian discretionary mandates

Charles Stanley unveils responsible model portfolios range

Low-cost ETFs

How Schroders shaped its six engagement targets

Head of active ownership Kimberley Lewis explains what drove the firm’s rationale to define specific engagement goals.

New UBS Chair Under Pressure to Deliver

UBS's new chairman won the post over candidates such as Roche's overseer Christoph Franz, Swiss ex-central banker Philipp Hildebrand, and ex-Unicredit boss Jean-Pierre Mustier.

Businesses warned to be vigilant when paying bills or switching suppliers as invoice scams make up 55 per cent of money lost to scammers

The overall amount stolen from SMEs has gone up 13 per cent over the last year

Consolidator Saltus buys NSL Wealth

The acquisition – which follows Symonds’ decision to retire – sees Jordan become a partner at Saltus, while Symonds will take a consultancy and advisory role to ensure a smooth transition.

Family Governance Planning Unlocks Potential In Family Talent And Wealth

For family business owners, succession planning of family companies is much more complex, especially when multiple generations are involved in the family business.

Wealth and Asset Management