08/11/2017
Succession sees losses deepen
This morning (11 August) Succession also published its results for the first half of 2017, which showed its funds under management had risen to £5.6bn.
Wealth and Asset Management
08/11/2017
Charles Stanley aims to double advice headcount
Last month Charles Stanley hired five people for its financial planning arm
08/10/2017
Sanlam splashes £1m on consolidator's IFA network
Sanlam has convinced us that they are the right firm to take the business forward.
08/10/2017
Intesa Sanpaolo set to buy Geneva private bank
A deal to buy Morval could be reached shortly and the closing is expected by the end of the year, the source said.
08/10/2017
Corporate teams will join world’s leading triathletes in Jersey
They will be joined by teams of corporates, including Santander Group, UBS AG, First Names Group, Ravenscroft Group, and others looking to test themselves at the same event as the best triathletes in the world.
08/10/2017
Bern-based bank expands its reach in German-speaking Switzerland
Aside from the latest expansion plans, the private bank also aims to issue covered bonds in the fourth quarter of 2017.
08/10/2017
Zurich adviser receives Liechtenstein licence for new entity
The firm aims to have up to seven employees by the end of the year
08/10/2017
Pilatus Bank is set to bring private banking to the undeserved mass-affluent segment where other banks have failed in a disruptive way
Hamidreza Ghanbari, CEO of Pilatus Bank, discusses the Bank’s growth plan as it becomes a major player in the private banking space.
08/09/2017
Asia Bank Sale and Dutch Growth Drive ABN Amro Profit Higher
Bank’s capital ratio rose after unexpected first quarter drop
08/09/2017
Caerus firm leaves for Beaufort after Intrinsic acquisition
Was 'courted by a number of networks and consolidators'
08/09/2017
Avendus Capital acquires UK-based asset management firm
Avendus has signed a binding agreement to acquire Ocean Dial from Raju Shukla, chairman and managing director of the company and the management team
08/08/2017
Julius Baer Boris Collardi Acts Fast
Well-informed sources claim the hiring offensive will continue as Julius Baer tries to hire qualified staff to drive its expansion in the north of the country.
08/08/2017
Standard Life says it will complete Aberdeen Asset Management merger next week as it lifts profits
However, the group saw net outflows of £3.7bn
08/08/2017
Maitland establishes presence in Guernsey as global growth ramps up
Global advisory and fund administrator acquires R&H Fund Services Guernsey
08/08/2017
ISA transfers give HNW Lending a boost
HNW Lending launched its tax-free wrapper in March
08/08/2017
Location, location, location – a key consideration in meeting wealth management objectives
For IFAs seeking to create robust financial planning solutions for their high-net-worth UK clients, the offshore bond can play a significant role in achieving the right estate planning, retirement and investment outcomes.
08/07/2017
Global wealth managers suffer profitability squeeze
Operating income rises 0.04% despite 4% gain in assets under management
08/04/2017
RBS swings into second quarter profit
The profit comes even as the bank, which is 71 per cent backed by government, was forced to earmark £342m the second quarter to clean up legacy issues from the financial crisis.
08/04/2017
Hargreaves Lansdown shares drop after saying it won't pay a special dividend this year
Hargreaves Lansdown said it won't have sufficient regulatory capital surplus to pay a special dividend this year
08/04/2017
TMF Group to acquire fund administration services firm
The management teams in both Guernsey and Luxembourg have extensive fund experience and are supported by a motivated team of 50 staff.