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

Forget the generation gap – the gulf between rich and poor tells the real story of our times

Talk in terms of conflict between generations is familiar and fits easily into our standard framing of social issues.

Deutsche Bank and UBS Explored European Banking Alliance

Deal talks in June never coalesced but show how far European lenders are willing to go to address a punishing banking environment

Lombard Bank Malta plc half-yearly results for 2019

Customer deposits increased by 2% while the resultant Group Net Interest Income for H1 2019 was up by 14% from €9.0m to €10.2m.

Raiffeisen Half-Year Profit Drops on Revamp

And yet, revenues declined even disregarding the private-banking division’s business, while costs increased slightly.

LGT reports strong net asset inflows and further business expansion in first half of 2019

LGT's total operating income increased 2% to CHF 848.2 million in the first half of 2019. Income from services decreased 1% and totaled CHF 536.1 million.

Brown Shipley’s parent group buys Swiss wealth manager

It is the private bank’s seventh acquisition in the past five years.

Liechtenstein private bank posts income increase

We closed the first half of 2019 with good results despite volatile market conditions.

C Hoare posts 25% profit growth, despite impairments rising

The UK’s oldest private bank posted pre-tax profit of £32.5 million, up from £25.9 million year-on-year, for the 12 months to the end of March.

Growth Markets: Why China Matters

Long a bellwether for emerging markets, what happens in China is now crucial to the wider world.

7IM banks big tax windfall as costs climb on scalable challenge

Costs at Seven Investment Management rose 15% last year, almost four times the rate of revenue as it invested in its back office systems to ‘ensure they are scalable’.

Sanlam Real Assets Fund Celebrates First Birthday

The Fund targets income and capital growth through investments in real asset securities which Pinggera describes as the “pillars of a functioning economy”.

Berlin’s Fintech Wealth Is Attracting at Least One Private Bank

Weberbank is betting on German capital as it tries to expand

RBC Q3 helped by personal & commercial banking, wealth management

Compared to last quarter, net income was up $33 million with higher earnings in Personal & Commercial Banking, Wealth Management and Insurance, largely offset by lower earnings in Capital Markets and Investor & Treasury Services.

VP Bank reports sharp growth in earnings

VP Bank Group has confirmed its long-term growth trajectory.

KBL aquires wealth management business

Bellevue Group with strategic focus on asset management and private market business

Boutique wealth manager signs UN-supported Principles for Responsible Investment

We also welcome the recent implementation of minimum requirements for membership, to strengthen accountability and recognise best practice.

Brewin Dolphin opens Kent office

William Hepburne-Scott, regional director, Brewin Dolphin, said: “The advice gap is real, and changes such as pension freedoms have meant seeking advice at key moments in your life has never been more important."

Tilney spends £1.7m on assessing advice targets

The £1.7m figure was much higher than the £400,000 spent on the same activities in 2017.

Coutts’s Wong Is Overweight Sterling Assets

She speaks on “Bloomberg Markets: European Open.”

The value of managing your banking relationships by Stonehage Fleming

Many families have experienced precisely this problem and it has often come as a shock.

Wealth and Asset Management