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

Surge in number of Ultra High Net Worth buyers in central London

So says a new wealth survey by London estate agency Beauchamp Estates.

ECB publishes new statistics on the distribution of household wealth

The release also follows recommendations of the G20 Data Gaps Initiative.

Eurozone weakness ramps pressure on ECB to start discussing rate cuts

This improving sentiment is yet to translate into activity, with German industrial production this morning reported at -0.7% month on month, below expectations of a flat reading.

40% of Swiss companies hedge their currency risks – estimates of economic development are mixed

As of the end of 2024, the companies surveyed expect the EUR/CHF exchange rate to stand at 0.95. For the US dollar, they forecast a rate of 0.90 against the Swiss franc.

2023 Review & 2024 Outlook

The above were just the big sectors stories.

Insolvencies to reach close to 1,000 in 2024, up from 717 in 2023 - PwC latest Insolvency Barometer

PwC expects further increases in the business failure rate in 2024 with overall insolvency levels projected to reach close to 1,000 - being closer to the average 20 year insolvency rate per year.

Ross secures Bank of Scotland meeting over mobile banking service cuts

Mr Ross – who slammed the plans to stop mobile banking services in six Moray communities when they emerged recently – had requested an urgent meeting with the bank to voice his concerns.

£10,000 in excess savings? Here’s how I’d use a Stocks & Shares ISA and aim for riches!

Staying informed about market trends, adjusting strategies, and maintaining a long-term perspective would be integral for a successful and informed investment journey.

Swiss Savings Survey 2023: The Swiss population is more focused on security than ever

Saving is an important aspect of our culture in Switzerland

National insurance cut raises questions over state pension funding

The chancellor announced a full commitment to the triple lock in the Autumn Statement with an 8.5 per cent increase in the state pension, almost double the current rate of inflation.

Fear Among Investment Bankers at the New UBS

Only employees of American banking giant Citigroup were more uncertain about their jobs (44.6 percent).

The Netherlands as a hub: European business expansion and supply chain optimisation through Dutch SPVs

It serves as a transformative catalyst, providing companies with a gateway to global growth.

DekaBank and Union Investment depart from embattled German SIF

FNG loses two of its largest members after board disputes and arguments over fund label at the end of last year.

'Guernsey’s Place in the World’ to be Highlighted at Annual Finance Update

Attendees will have the opportunity to learn how Guernsey Finance supported the financial services industry in 2023,

‘Dark clouds’ over London’s asset managers here to stay, analysts warn

The warning comes after a torrid two years for Britain’s traditional money managers, who have faced a drop-off in flows as skittish investors look to avoid volatility on the markets.

Fifty days of teleworking at Indosuez Wealth Management

HR director Christophe Ciré, who has been at the helm of the project since his appointment in May, provides more insight.

Swiss Banking 2024: The People in the Spotlight

For these people, 2024 will thus be a year on razor's edge.

More than a third of women say they would not be able to afford everyday spending in a recession

This latest research also shows that men are much more likely to consider themselves to be financially resilient to a recession should one materialise.

Ten events investors need to watch in 2024

The coming year is expected to be a turbulent one, with more than two billion people going to the polls at some point in 50 countries to vote in national elections.

Central banks poised for rate cuts in 2024

Now, with headline inflation rates retreating in large parts of the G7 group of industrialised nations and economies slowing, the pressure for policymakers to cut borrowing costs is set to gather strength.

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