- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Another Bank Bets Big on Wealth Management

Bank of the West Wealth Management Group opened its first office in New York and has plans to add 100 advisors across the country in the next three years.

Barclays posts loss after taking hit from PPI claims and settlement over US fraud case

Litigation and conduct charges included a £1.4bn settlement with the US justice departement and £400mln for payment protection insurance claims

Lego Wealth Fund Is Getting Out of the Tanker Business

“Kirk Kapital has decided to phase out the firm’s shipping activities,” Chief Executive Officer Kim Gulstad said in a statement. “We therefore need to find a good moment to sell the five product tankers.”

Wembley Stadium sold to American billionaire for £800m?

While a deal has not yet been agreed, an FA spokesperson has told Sportsmail that a potential sale is in the pipeline: ‘We can confirm that The FA has received an offer to buy Wembley Stadium.’

Winners of Private Banker International Germany Awards 2018 revealed

The winners were carefully selected by an independent judging panel and PBI Editorial team members.

Jupiter warns over continued volatility threat

“With that in mind our view is that the Fed will raise rates another two to three times and that will be it.”

Van Lanschot Kempen trading update: first quarter 2018

The range of products available to Private Banking and Asset Management clients has been expanded further in recent months

VP Bank and LLB Implement Thomson Reuters Wealth Management Solution

The relationship managers in private banking at the two banks will gain access to the most up-to-date information from the relevant financial markets including various asset classes.

Credit Suisse Reaps Wealth Management Rewards as Assets Soar

Credit Suisse added net new assets at 7.5% rate in quarter

7IM hires Rathbones director to launch Jersey office

‘We continue to see strong demand in Jersey for our discretionary investment services and platform.

City sentiment on Britain takes a turn for the better as wealth firms devote more of their portfolios to UK shares

UK shares have remained unloved relative to the majority of other equities markets around the world since June 2016

St. James's Place first-quarter funds under management up 13% on-year

Andrew Croft, Chief Executive, commented: "After a record year for new business in 2017, we have maintained momentum in the first quarter of 2018."

Geneva Private Bank to Buy Asset Manager

The acquisition will increase assets under management at BPDG to about three billion Swiss francs.

Wealth managers are worried they're failing to serve the world's richest women, according to research

Though most might assume that women's investment needs are little different to men's, Orbium found that 78 per cent of respondents said some of the world's richest women were not having their financial considerations addressed.

UBS profit lifted by wealth-management gains

Asset Management had strong net new money of CHF 27bn excluding money markets, taking invested assets to CHF 792bn, the highest in a decade; adjusted1 PBT was CHF 108m.

Quilter reveals pay for key executives ahead of June IPO

Feeney will also receive a pension contribution of 10% of his annual salary.

Schroders targets wealth management growth

Schroders’ wealth management business has operations in the Channel Islands, Gibraltar, Switzerland, Hong Kong and Singapore, as well as Britain, Germany, Italy and Spain.

Profile: how this boutique beat the big guns of wealth

The government has given it £1 million to boost trade after some local businesses reported their income has dived by 90% s

UBS WM splits European business into two units

She added that the regulations are tighter in southern Europe, which justified the new set-up.

LGT Vestra to be headline sponsor for EY Entrepreneur Of The Year

LGT Vestra is delighted to support the programme as UK headline sponsor for the second year.

Wealth and Asset Management