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

Merger of Aberdeen Asset Management and Standard Life completes

It will have over 1,000 investment professionals and AUD $988* billion in assets under management.

Old Mutual on track for split; plans to float two more units

The group’s stake in US-based Old Mutual Asset Management will be sold down to 6 per cent later this year.

Old Mutual pumps £200m into wealth arm ahead of float

Strong trading and profits in a year of investment

Succession sees losses deepen

This morning (11 August) Succession also published its results for the first half of 2017, which showed its funds under management had risen to £5.6bn.

Charles Stanley aims to double advice headcount

Last month Charles Stanley hired five people for its financial planning arm

Sanlam splashes £1m on consolidator's IFA network

Sanlam has convinced us that they are the right firm to take the business forward.

Intesa Sanpaolo set to buy Geneva private bank

A deal to buy Morval could be reached shortly and the closing is expected by the end of the year, the source said.

Corporate teams will join world’s leading triathletes in Jersey

They will be joined by teams of corporates, including Santander Group, UBS AG, First Names Group, Ravenscroft Group, and others looking to test themselves at the same event as the best triathletes in the world.

Bern-based bank expands its reach in German-speaking Switzerland

Aside from the latest expansion plans, the private bank also aims to issue covered bonds in the fourth quarter of 2017.

Zurich adviser receives Liechtenstein licence for new entity

The firm aims to have up to seven employees by the end of the year

Pilatus Bank is set to bring private banking to the undeserved mass-affluent segment where other banks have failed in a disruptive way

Hamidreza Ghanbari, CEO of Pilatus Bank, discusses the Bank’s growth plan as it becomes a major player in the private banking space.

Asia Bank Sale and Dutch Growth Drive ABN Amro Profit Higher

Bank’s capital ratio rose after unexpected first quarter drop

Caerus firm leaves for Beaufort after Intrinsic acquisition

Was 'courted by a number of networks and consolidators'

Avendus Capital acquires UK-based asset management firm

Avendus has signed a binding agreement to acquire Ocean Dial from Raju Shukla, chairman and managing director of the company and the management team

Julius Baer Boris Collardi Acts Fast

Well-informed sources claim the hiring offensive will continue as Julius Baer tries to hire qualified staff to drive its expansion in the north of the country.

Standard Life says it will complete Aberdeen Asset Management merger next week as it lifts profits

However, the group saw net outflows of £3.7bn

Maitland establishes presence in Guernsey as global growth ramps up

Global advisory and fund administrator acquires R&H Fund Services Guernsey

ISA transfers give HNW Lending a boost

HNW Lending launched its tax-free wrapper in March

Location, location, location – a key consideration in meeting wealth management objectives

For IFAs seeking to create robust financial planning solutions for their high-net-worth UK clients, the offshore bond can play a significant role in achieving the right estate planning, retirement and investment outcomes.

Global wealth managers suffer profitability squeeze

Operating income rises 0.04% despite 4% gain in assets under management

Wealth and Asset Management