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

Credit Suisse CEO Tidjane Thiam is 'struggling to swim'

An outsider to both the bank and banking, hopes were high Thiam could make the tough decisions that had eluded predecessor Brady Dougan.

Is Charles Stanley starting to turn a corner?

The company is committed to revising its fee-sharing arrangements, a move which sits at the heart of chief executive Paul Abberley’s restructuring of the business.

Cypriot Investment Firm Grow Wealth Assets Limited Renounces its CySEC license

CySEC today said that Grow Wealth Assets's license lapsed as of May 23rd 2016.

Asset Managers Set Their Sights on UK Wealth Managers

In addition, every DFM that responded to Cerulli's 2016 survey reported at least some level of investment in passive strategies.

Geneva private bank offices searched in Spain

The head of the Mirabaud Bank based in Geneva is facing his biggest stress test .

Swiss private bank to buy Raiffeisen's asset management unit

With the acquisition of Vescore Ltd, we are pursuing our carefully considered growth strategy in our target markets," Vontobel Chief Executive Zeno Staub said in a statement.

Wealth managers overestimate their skills and face digital disconnect

One means of wealth management is through the professional services.

Walker Crips sees profits double

Walker Crips, which specialises in stockbroking, investment and wealth management services, posted a one-off cost of £0.8m after upgrading its use of technology to better communicate with clients.

Schroders’ commodities team launch first gold equities fund

The fund will be managed by James Luke and Mark Lacey, fund managers in Schroders’ commodities team.

Northumberland firm listed among the UK’s Top 250 financial advisers

The company is one of only three firms in the North of England to feature in the Top 250.

GAM buys $4 billion multi-strategy systematic manager

Leading systematic strategies are attracting substantial allocations from investors globally due to their compelling returns and their rigorous, disciplined investment processes.

AFH Financial Profit, Revenue And Funds Under Management Grow

AFH said its balance sheet remains strong, supporting a further push to make acquisitions.

Harwood Wealth Management AUI up

Eleven acquisitions were completed during the period for a consideration of £8m with a further two post period end.

Citywealth recognition for Orchard PR

They understand how to resonate with modern values and beliefs.

International Wealth Insurer sold to Luxembourg's Foyer

All current contact persons will continue to serve IWI’s distributors and customers, who will also be able to benefit from the wider product offering from Foyer.

British expats in UAE rush to move money home as pound tumbles after Brexit shock

And with thousands of government workers paid at the end of the month, traders expect even more remittances to be made before the Eid holiday.

Wealth firm partners with boutique for real estate fund

The fund is based on an investment proposition Rubicon was formerly running for high net worth individuals.

Private Banks Urge Wealthy Asians to Shun Risk, Favor Credit

The U.K.’s vote to exit the EU has prompted a reevaluation of investments amid a selloff in the riskiest assets, the pound’s record plunge and a flight to safety.

Old Mutual to float wealth division

As well as listing Old Mutual Wealth, the company intends to create a new company in South Africa for its emerging markets operations.

Baring Asset Management Launches New Multi-Asset L/S Fund

It is Barings’ first absolute return vehicle and will be offered in a number of share classes.

Wealth and Asset Management