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

Close Brothers introduces all-in fee

The changes went into effect this month.

HSBC boss scores bumper farewell pay package as bank profits rise

He was also awarded 4 million pounds worth of shares in a long term incentive plan

UBS Breaks Even in Germany

UBS Germany had posted losses for a dozen years, with a pretax loss of 71 million euros in 2016 as the last of that series.

Quilter Cheviot to award £150,000 funding as part of its Dementia Initiative

From the initial applications the judging panel will select a shortlist of charities that will then be required to pitch their proposed project.

BGL BNP Paribas to acquire wealth management and insurance firm

“In Luxembourg we do not see possibilities to increase to the scale necessary.

Wealth managers must go digital

As wealth is passed between generations, advisers must adapt to their new target group and adopt the right technology

Wealth manager acquires Grennan Advisers

The deal will see Sanlam UK acquire Grennan Adviser Ltd’s book of clients and £60 million of assets under management.

Vistra Solidifies Presence in Ireland with new Acquisition

Through Vistra Alliance, Vistra has developed a strong ten year relationship with the team and we have seen first-hand that Ireland has become a key jurisdiction for inward investment.

Deutsche Bank to sell Cayman, Channel Island ops

The transaction is expected to close in stages during 2018

Invesco to drop Perpetual and PowerShares names in rebrand

Invesco acquired index fund business PowerShares in 2006, which currently manages $139 billion of assets.

Regional Stars Awards 2018: North shortlist revealed

We reveal the five offices to make the North of England shortlist in our annual regional wealth manager awards.

Credit Suisse posts third straight annual loss on U.S. tax writedown

The group said it would propose a reduced dividend of 0.25 francs per share, compared to 0.70 francs in 2016 and average expectations for 0.28 francs amongst eight analysts polled.

7IM launches decumulation service for advisers

Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.

Old Mutual acquires IFA as deal hunt continues

Old Mutual now has more than 50 advisers across the advice arm after completing five acquisitions in 2017.

Seven ways to get the next generation ready for wealth - Coutts

Wealth should bring opportunity, not conflict. Read our tips for maintaining family harmony while managing your finances.

LGT Steals a March Over UBS

Banks have responded by building EAM arms to cater to the niche in Switzerland, and UBS and Credit Suisse are among the biggest players.

Indosuez Wealth Management goes digital but stays personal

Retail banking is the heart of Crédit Agricole, and the group really wants to develop in markets that are really close to its own culture and geographical reach, so going to Greece was a bit far away.

Amundi targets place in top-tier global asset managers

French group reports strong profits growth and raises 2020 targets

Nigerians and UK’s Unexplained Wealth Orders

Various reports cited London as a money laundering haven, but the UK Government was conspicuously silent on the issue, turning a blind eye as millions of dollars poured in.

Old Mutual launches excess income trust and calculator

Old Mutual Wealth and Old Mutual International have both launched a new innovative Excess Income Trust solution and online tool to help clients benefit from the ‘normal expenditure out of income’ exemption, providing a simple and tax efficient

Wealth and Asset Management