07/09/2019
Quarterly Update: Politics Casts Clouds on Sunny Markets
Supportive central banks sweetened the second quarter for investors but late cycle risks remain.
Wealth and Asset Management
07/08/2019
Deutsche Bank Slashes 18000 Jobs in $8.3 Billion Overhaul
This is a restart for Deutsche Bank – for the long-term benefit of our clients, employees, investors and society.”
07/08/2019
Benvenuto! Why the number of high-net-worth individuals applying for Italian residency may spike
The country’s touting the fact that there’s no minimum investment requirement
07/08/2019
Saranac Partners launches wealth management service for US persons
The private client advisory firm, focused on ultra-high net worth individuals and families, now offers a comprehensive wealth advisory, investment management, lending solution and tax reporting service to US persons and green card holders residing outside
07/08/2019
Keynote Speakers Confirmed for Jersey Finance London Conferences
The conference, entitled ‘Beyond Boundaries’, will explore key issues shaping the funds sector, including the increasingly global outlook of fund managers, shifts in regulation and distribution, and the rise of the alternatives sector.
07/08/2019
View from the Front by Canaccord Genuity Wealth Management
We experience a further deceleration in growth this will be the third month in a row of negative growth and the pressure will mount on the Bank of England to react.
07/08/2019
UBS launches ultra-wealthy digital tool
UBS has launched a digital service for its ultra wealthy clients, allowing them to view all their assets across different custodians and locations.
07/07/2019
IQ-EQ Named as Top-Tier Trust Company
The annual ranking took on its current form in 2017, having previously been titled ‘Top 25 Trust Companies’.
07/05/2019
Societe Generale eyes sale of Kleinwort Hambros
The integration of the bank, formed following Societe Generale’s acquisition of Kleinwort Benson from Oddo & Cie and its merger with Societe Generale Private Banking Hambros in 2016, is expected to be wrapped up around October.
07/04/2019
Charles Stanley opens first Northern Ireland office
Firm eyes opportunity in Belfast, as it is ‘one of the UK’s fastest-growing financial services hubs’
07/04/2019
Societe Generale Plans Sale of U.K. Private Banking Arm
It is working with Rothschild & Co. on the deal, the people said.
07/04/2019
Quilter could sell its Old Mutual Wealth Life Assurance unit
Quilter said in its results for the year to end-December its life assurance business saw net outflows of £2.3bn in 2018, up from £1.6bn in 2017.
07/04/2019
Wealth management company Charles Stanley moves service management to the Cloud with Sunrise ITSM
An existing user of Sunrise with an on-premise installation, Charles Stanley upgraded to Sunrise’s SaaS platform, hosted on IBM Cloud, in 2018.
07/04/2019
Who's who of German family offices back new €400M fund
The venture investor, which is backed by some of Germany's most prominent family offices and industry giants including Dr. Oetker, Porsche and Lidl, will reportedly use the remaining funds to invest in European businesses
07/03/2019
Kingswood bosses take majority stake in wealth manager
The company said it had agreed "non-binding heads of terms" for a potential equity investment, with the investor set to become a shareholder in the business as part of the deal.
07/03/2019
Kleinwort Hambros: Maintaining a high-touch personal service
Paul Kearney, head of private banking at Kleinwort Hambros, says that there are two overriding prerequisites for success in the competitive private banking market: relevance and efficiency.
07/02/2019
SMP Group secures major Jersey acquisition
David Hudson, Group CEO of SMP Group, added: ‘When we announced our management buyout, we spoke of quickly building momentum in the growth of the group. This deal represents the first step in delivering on that promise.
07/02/2019
Guernsey well-placed to service uptick in private capital structuring
Market-volatility will likely be lucrative for some, but for private investors looking for somewhere else to put their money besides the bank, private assets can be a key part of their portfolio's construction.
07/02/2019
Deutsche targets 300 investment and relationship wealth managers
The bank is focusing on more 'stable' revenue streams according to Reuters, with up to 20,000 jobs to be cut elsewhere.
07/01/2019
Nutmeg keeps crowdfunding investors in the dark
It promised to offer crowd investors the same terms as it did Goldman Sachs — which led a £45m investment in January — but did not disclose financial details in its pitch.