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

Company insolvencies remain high – and outlook remains bleak for many businesses

Many businesses remain in a perilous position following a long period of high borrowing costs, high inflation and consumers tightening their purse strings.

Mirovα, Creating Sustainable Value - November 2024

As a result, interest rates rebounded sharply and bond markets plunged, with global bonds recording their worst monthly performance for two years.

UK inflation jumps to 2.3%, ending short lived stint below BoE target

They warned that higher business costs, driven by increased employer national insurance contributions and the national living wage rise would need to be passed on to shoppers and could also impact employment and investment.

Key Takeaways From Our First Diversity in Asset Management Report

Our study found that women as well as Hispanic and Black individuals are underrepresented on investment teams.

Inflation rises to 2.3% as energy bills grow

New initiatives will have to be undertaken if headline inflation is to stabilise around or below 2%

BNP Paribas Wealth Management Competitor Profile Report 2024 - Company Strategy, Financial Performance and Product Innovation

Customer targeting and service propositions are covered, as are product innovation and marketing activities.

Banks and fintechs debate what is needed to remove payments ‘gridlock’ in UK

The CMA Order gave us all a structure and a timeline, and it brought us all together.

CaixaBank sets business growth and transformation as the pillars of its new Strategic Plan

The Group will be venturing into a new phase after successfully wrapping up its 2022–2024 Strategic Plan.

Julius Baer: Succession Planning is the Leading Family Topic

Intergenerational wealth transfer and succession planning has moved up from second place [in 2023] to emerge as this year’s top family-related topic across every single region

Private banks show increased interest in circular economy

This cycle, where materials never become waste, and nature is regenerated, is fast becoming a megatrend

Switzerland is Highly Favored by the Wealthy

Switzerland ranks highly as a preferred destination for HSBC's wealthy clients when considering moving their assets partly or entirely abroad or even relocating permanently.

What to invest in now, according to the UK’s best wealth managers

Post Budget 2024, we ask the experts to share their top investing tips

Deutsche Bank successfully completes issuance of Additional Tier 1 capital instruments

The issuance supports Deutsche Bank’s Tier 1 leverage ratio and its Pillar 1 and 2 AT1 solvency requirements.

The little ones are the biggest

Small banks and card issuers get the best ratings in the new bank rankings. And there are surprises among the big banks.

Majority of banks and insurers struggle to maximize the value from their cloud investments

The analysis further suggests only 12% of financial services organizations can be considered ‘cloud innovators’.

Future-Proofing Wealth Management: How WMaaS and Next-Gen Technologies are Redefining the Client Experience

They must transform their digital offerings to succeed, providing seamless, accessible, customized services beyond investment advice.

UK adults’ retirement confidence drops since 2023

The research from last year has been expanded to include UK adults from the age 18+, whereas last year it was based on adults over 50.

Carne Group: Asset managers expect ‘significant increase’ to margin pressure over next two years

Traditional managers set to be hit harder, according to Q3 survey

Study reveals pay of Swiss single-family office CEOs

While CEOs saw an 8% increase in total compensation, CIOs and CFOs experienced a significant decrease.

The FCA’s non-financial misconduct survey results

From the survey responses, the FCA found that there had been a significant increase in the number of reported NFM incidents in recent years (an increase of 40% between 2021 and 2023).

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