03/26/2020
The Art Market Adjusts: Banks loan considerations in times of market dips
For new loans right now, we are also considering lending at 40% Loan-to-Value, rather than our usual 50% LTV.
Wealth and Asset Management
03/26/2020
Arbuthnot private bank profits tumble on major fee shake-up
Continued diversification, whilst maintaining a strong capital position and financial discipline in these uncertain times.
03/26/2020
PilatusBank was a ‘money transfer operation’
While its total equity was of €10.8m, Pilatus had just six loan clients and six to whom the bank had provided financial assistance in connection to residency schemes and applications to buy a Maltese passport.
03/24/2020
Chief executive of Brown Shipley parent company dies
The chief executive of Quintet Private Bank Jürg Zeltner has passed away at the age of 52.
03/24/2020
Coronavirus - Will the US and Europe Learn Lessons from Asia?
The economic impact of coronavirus will depend on how the epidemic progresses in both scope and time frame and how government, business and households react and adapt. Could April be a turning point?
03/23/2020
Julius Baer Group: Publication of the Annual Report 2019
Net profit achieved in 2019 amounted to CHF 465 million.
03/23/2020
Woodford investors to get payment this week
Hargreaves investors in accumulation and receiving income will get 3.97p and 3.26p per share respectively.
03/22/2020
SEI Family Office Services Recognized as Best Outsourced Service Provider for Family Offices
This award highlights our firm’s ability to provide comprehensive bill payment, partnership accounting and client reporting service solutions and serves as a testament to the world-class team that supports our unique and complex client base.
03/20/2020
Covid-19 hits Investec wealth profitability
The market volatility, along with increased tech spend and higher regulatory fees, will result in lower profits for Investec's UK wealth division.
03/20/2020
‘Don’t panic’ – wealth managers react to Covid-19
As the impact of Covid-19 rattles peoples, governments, health systems and markets around the world, how are HNWs and their wealth managers responding? Alec Marsh and Arun Kakar report.
03/20/2020
Rathbones spearheads modern slavery campaign
Rathbones is a leading a campaign for all FTSE 350 firms to comply with the Modern Slavery Act.
03/19/2020
Credit Suisse says Q1 going well despite coronavirus spread
It said restructuring efforts over the past years had strengthened its capital base and its stronger focus on wealth management and lower exposure to leveraged finance and the oil and gas sector had made it more resilient to the impact of the spreading vi
03/19/2020
SJP suspends £2.5bn property fund range
A number of other commercial property funds have also suspended in recent days and this decision has been taken in our clients’ best interests.
03/19/2020
Credit Suisse quarterly profits rise despite market turmoil
Lender’s trading business boosted by volatility while private bank revenues rise
03/18/2020
M&A Activity: 2020 Outlook
With the help of sustained fundraising activity, private equity firms will continue to be active in the M&A market in 2020.
03/18/2020
Top 50: WMs reveal how they improved their fund selection process
Wealth managers explain how their fund selection process has developed while their company grows.
03/18/2020
Syz’s Clements sees flagship fund slip to 15% of size he inherited
Clements was last rated by Citywire in July 2018
03/18/2020
EdR records CHF 43.9m net profit and proposes CHF 50m dividend
As part of the changes, Edmond de Rothschild (France) was also absorbed by the Swiss entity. According to the bank this resulted in expenses going up by 14% in 2019.
03/18/2020
Weeks where decades happen by Tim Price
If this were just a time of Brexit, or the last election, my disdain for the British media might matter, but not that much.
03/17/2020
Three Lessons From February's Market Turbulance
Mohammad Kamal Syed, head of asset management at Coutts considers how a diversified portfolio helped to preserve wealth during the worst of market falls in February