10/19/2023
HL shares drop as new customers and trading dry up
The online brokerage’s shares were down 5% as it struggled to gain new clients, while existing clients moved cash out of dormant accounts.
Wealth and Asset Management
10/18/2023
Julius Baer Faces Being Pilloried
But now Julius Baer's name is coming up concerning tax crimes, money laundering, and alleged fraud.
10/18/2023
Indosuez CEO Jacques Prost: «1+1 doesn't make 2 at new UBS»
At the same time, it's been present in Switzerland for 145 years and can reflect on a long experience in business with wealthy individuals, families, and companies in this country.
10/18/2023
Nikko Asset Management joins long list of financials calling for plastic reduction
They warn that the whole plastics lifecycle poses a serious and growing threat to the environment, climate, biodiversity, human rights and public health.
10/18/2023
Liontrust Loses £1.6 Billion of Assets in Months of GAM Takeover Bid
At the same time, assets under management fell 6.3 percent to 27.7 billion pounds at the end of the quarter, slipping further to 27.5 billion as of October 12.
10/18/2023
Boutique wealth manager opens Asian wealth-advisory practice
Comprising of a team of multilingual financial advisers
10/18/2023
Swiss fund management expands Zurich team
S&F offers asset managers, banks, insurance companies, pension funds and family offices tailor-made fund solutions according to Swiss law and has branches in Morges VD and Zurich.
10/18/2023
LGT obtains global Great Place to Work certification
LGT has been certified by the international consulting and research institute Great Place to Work as an excellent employer.
10/18/2023
Brooks Macdonald unveils international gilt portfolio service
Wealth manager Brooks Macdonald has announced the launch of its gilt portfolio service.
10/17/2023
Introduction: UK WealthTech Landscape Report 2023
In the UK, there is plenty to go at. Nowhere is this more pertinent for the UK wealth management community than within the mass affluent sector, either self-made or those that are short to inherit.
10/17/2023
Abbove Selected as a Banking Tech Awards 2023 Finalist
The Banking Tech Awards program produced by Fintech Futures celebrates excellence and outstanding achievements in the banking and fintech industry.
10/17/2023
Jupiter records £1bn outflow and announces new charging structure
Shares in the fund firm were down 10% this morning as its institutional push failed to stem £1bn of Q3 outflows.
10/17/2023
SJP scraps exit fees in charges overhaul
UK’s largest advice company will no longer charge an exit fee on new investment bonds and pensions and has slashed its initial advice charge.
10/17/2023
Wealth manager Aktia choose Temenos to boost modernisation
Finland-based wealth manager Aktia has picked Temenos to help modernise its payments capabilities.
10/17/2023
Online banking for all: ensuring accessibility in the digital age
How do we make sure an online private banking world remains accessible and inclusive. Avaloq has some thoughts.
10/17/2023
Beyond FS grows its wealth and asset management unit
Beyond FS, a growing transformation expert for banks, wealth, and asset managers, and fintech’s, has recruited another ex-Capco consultant, Ilai Schechter.
10/16/2023
Financial center defies crises – Geneva banks get away with a black eye despite the banking earthquake – News
As an umbrella organization, the foundation represents banks, asset managers and other financial institutions in Geneva.
10/16/2023
DFM with £400m falls into administration
Liverpool wealth manager and stockbroker Blankstone Sington previously agreed with the FCA to stop taking new clients in 2021.
10/16/2023
abrdn to sell European private equity business for £60m
Follows sale of US private equity arm
10/16/2023
Robin Powell: Why SJP might just pleasantly surprise us
Do two of the FTSE 100 behemoth’s big appointments mean it’s serious about moving in the right direction?