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Wealth and Asset Management

10/27/2022

The Board of Directors of Credit Suisse Group AG proposes two share capital increases

Through the proposed share capital increases, Credit Suisse Group AG intends to raise CHF 4.0 billion to further strengthen the Group’s capital base and support its strategic transformation.

10/27/2022

Credit Suisse Group announces third quarter 2022 financial results

We believe these actions will lead Credit Suisse to a more stable performance

10/27/2022

Wealth management firm sees revenues, profits and assets grow

Revenues of £8.3m were an improvement on the £6.2m figure for the previous year.

10/27/2022

Quilter’s WealthSelect adds to fixed income in ad-hoc rebalance

The WealthSelect portfolios has been underweight to traditional fixed income of late, however will now add to this exposure across risk levels 3-7 in the Managed and Responsible ranges

10/27/2022

German banking group shutters UK private client arm

As part of a cost cutting exercise

10/27/2022

Santander reports attributable profit of €7,316 million for the first nine months of 2022, up 25%

Profit before tax was €11,761 million, down 6% (+3% in current euros), while tax on profit in the period was €3,538 million, resulting in an effective tax rate of 30%.

10/26/2022

Sustainable investing and generating returns go hand-in-hand

The second – investment returns – must anticipate the effect of systems changes on financial markets, and position portfolios to capture the upside as the economy transforms.

10/26/2022

Citi Securities Services Onboards South African Wealth Manager Sanlam Private Wealth

Citi supports Sanlam Private Wealth’s business model transformation

10/26/2022

Deutsche Bank reports profit before tax of € 1.6 billion, its highest third quarter since 2006

The bank aims to achieve these targets by supporting clients in carbon-intensive industries, and financing their transition strategies

10/26/2022

StanChart Profit Up from Record Third Quarter for Markets Arm

The bank posted a 3 percent uptick in operating expenses driven by increased investment-based spending, salary inflation and performance-related pay accruals.

10/25/2022

UBS's third-quarter 2022 results

3Q22 net profit of USD 1.7bn, 15.5% return on CET1 capital and 14.4% CET1 capital ratio

10/25/2022

Coutts relaxes £1m threshold to cater for Adam clients

The private bank has eased its deposit rules after being left with a number of lower net worth clients following Canaccord's acquisition of Adam & Co's investment arm.

10/24/2022

Rothschild & Co Wealth Management in the UK receives two Diversity and Inclusion Awards

The Inclusive Talent Management award recognises an organisation which has developed innovative, creative and effective strategies to attract, recruit and retain high performing and diverse talent.

10/24/2022

Credit Suisse Group reaches settlement in French legacy case

The settlement does not comprise a recognition of criminal liability.

10/24/2022

LGT opens private banking office in Hamburg

LGT will once again have a private banking office in Germany.

10/24/2022

How supporting workers brings business and investment benefits

Companies increasingly recognise the importance of supporting employees through difficult times. Many have taken a long-term view by investing in their people.

10/24/2022

PIMFA celebrates winners of its second Diversity & Inclusion Awards and previews ‘TIDE’ launch

The awards were created last year by PIMFA to shine a light on the excellent, often untold, stories that exist across organisations and among individuals in wealth management and advice industry

10/21/2022

UBS and Microsoft announce landmark expansion of cloud partnership

The partnership furthers UBS’s “cloud first” strategy and the modernization of its global technology estate

10/21/2022

Credit Suisse Divests its Allfunds Holdings

A total of almost 54 million Allfunds shares are to be sold via accelerated book building to institutional investors.

10/21/2022

St James's Place funds and net inflows suffer in 3rd quarter

Net inflows during the third quarter contracted by 15% to GBP2.19 billion from GBP2.59 billion a year before.

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Award recognizes milestone in the Private Bank’s digital transformation

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Remarks on the panel topic “Paths to prosperity: Forging growth, trade and investment between Europe and Asia”

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Julius Baer Appoints Francis Hoefman as Chief Human Resources Officer

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Redmayne Bentley appoints investment manager

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10-19-2026

Chancellor should cut benefits instead of taxing banks, says International Monetary Fund

10-19-2026

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10-26-2026

JPMorgan using AI to make its wealth advisors more efficient

10-26-2026

UK banks face 10,000 complaints in 3 months over crypto restrictions

10-26-2026

Securitisation exposures surge 80% at European banks as risk density falls

10-26-2026

Fintel acquires Mortgage Brain to expand adviser technology offering

10-26-2026

After its Luxembourg move, Coinbase sanctioned again in Dublin

10-26-2026

Banca March will operate in Luxembourg under its own banking licence from 2027 and open a business centre in Lisbon

10-26-2026

European payments players unite to launch the Local Payments Council for Agentic Commerce

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