10/12/2023
UBS: It's a Question of Momentum
The Federal Councillor is to answer questions from the assembled parliamentarians on the circumstances surrounding the collapse, rescue, and sale of Credit Suisse.
Wealth and Asset Management
10/12/2023
Deutsche Bank invests in Kodex AI
The investment follows a collaboration which started earlier this year as part of the bank’s Entrepreneur in Residence programme, which invites talented entrepreneurs to partner with the bank to validate, develop and scale their ideas.
10/12/2023
Brooks Macdonald MPS offsets short-term pressure
Brooks’ MPS platform now holds £3.6bn, as fresh demand for its service compensates for pressure elsewhere in its most recent quarter.
10/12/2023
Barclays Switzerland targets CHF 30bn after 38 hires
Barclays Switzerland CEO Rahim Daya has ambitious expansion plans for the bank.
10/12/2023
Fairstone strikes deal with Charles Stanley for bespoke MPS mandate
Partnership is Charles Stanley’s latest deal offering bespoke investment solutions to UK advice businesses.
10/11/2023
Titan Wealth acquires Prism Financial Advice Ltd
With Prism’s office based in the north of England, the acquisition represents a valuable opportunity for Titan to expand its geographical footprint across the UK.
10/11/2023
EdRAM snubbed overpriced Swiss asset manager acquisitions
‘I’m a great believer that the strength of an asset manager is heavily dependent on the strength of its management team,’ he explained.
10/11/2023
Upvest partners with BlackRock to make investing more accessible for millions of Europeans and closes a €30m fundraising round
BlackRock’s broad asset management expertise and leadership in ETFs combined with Upvest’s efficient investment API can power investment offerings for millions of investors.
10/11/2023
Man GLG pulls plug on water fund and team exits 18 months after launch
Managers Yohann Terry and Jann Breitenmoser have left the group following the closure of its first Article 9 fund.
10/10/2023
IQ-EQ shortlisted for ‘Best Company to Work For’ in the Belfast Chamber Business Awards 2023
Spanning 21 categories, the awards recognise everything from international businesses to city eateries.
10/10/2023
Odey Wealth Management to be shut down
UK and Guernsey-based
10/10/2023
Waystone Group marks major milestone with the completion of the Link Fund Solutions acquisition
All of the existing LFS UK investment managers and sponsors have transferred to the Waystone Group, demonstrating clients’ confidence in the combined business post-merger.
10/10/2023
Temenos Leads Evolution in Correspondent Banking as Banks Seek to Modernize Cross-Border Payments in the Cloud
Temenos solution supports the rapid addition of new payment rails and payment types, helping banks to stay ahead of market changes and grow profitable cross-border payment services
10/10/2023
Brown Shipley parent strikes Moonfare private markets deal
Private bank Quintet and platform Moonfare have formed a partnership to give the former’s clients, including those in its Brown Shipley subsidiary, deeper access to private funds.
10/10/2023
UBS: Things are crumbling within our own ranks
There are several reasons for this.
10/10/2023
Societe Generale PB and Kleinwort Hambros launch art advisory service
Societe Generale Private Banking and SG Kleinwort Hambros have announced the launch of an art advisory service.
10/09/2023
The Tectonic Shift Underway in Swiss Wealth Management
At the end of last year, Credit Suisse had around 1.3 trillion Swiss francs of assets under management.
10/09/2023
Customer money – how the Swiss banks took advantage of their great opportunity
As a rule, asset managers spend a lot of time and money to acquire new customers who have often remained loyal to the institutions for generations.
10/09/2023
Pessimism reigns across the wealth management industry
After a difficult 2022, wealth management profitability is on track to see further declines in all regions in 2023.
10/09/2023
UK wealth market remains in top five despite political instability
The UK’s wealth management market remains in the top five despite growing offshoring trends.