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

EFG Expresses Interest in Acquiring Banque Havilland Assets

By August 2, the private bank announced that the European Central Bank (ECB) had revoked its banking license in Luxembourg with immediate effect.

JPMorgan Sets Up Dubai Private Banking Team to Tap Wealth Boom

JPMorgan’s international private bank is larger than any of its US rivals

Swiss insurers significantly increased their overall result in 2023

The overall result increased by CHF 5.9 billion or 78% compared with the previous year.

Profit of the Syz banking group fell significantly

Although the company, which also operates in Zurich and Ticino (Lugano, Locarno), does not provide detailed information, it describes the group's net inflows as "positive".

Zürcher Kantonalbank now offers trading and custody for cryptocurrencies

Zürcher As a universal bank, Zürcher Kantonalbank offers its customers all relevant financial services, including the trading and custody of cryptocurrencies.now offers trading and custody for cryptocurrencies

Levi9 and ABN AMRO Clearing Bank announce collaboration

This collaboration provides opportunities for growth, digital innovation & quality and for customers a better and quicker collaboration.

GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running

The award recognises the value that GBST’s Composer SaaS platform brings to leading financial organisations globally following its multi-million-dollar transformation to cloud-native architecture.

Wealth managers forecast client growth of more than 20%

The research included wealth managers and financial advisers representing organisations managing approximately £1.207 trillion in assets.

Mirova exceeds €200 million in commitments for the final closing of its first private equity fund

Two years after its launch, MEAC has lived up to its promise, raising €211m in commitments, from which 30% come from private clients attracted by the multi-thematic approach of this SFDR Article 9 fund1.

2024 half-year results: Swiss Life increases profit from operations by 7% – significantly higher fee result

Swiss Life further expanded its fee business in the first half of 2024 and increased fee income by 7% in local currency to CHF 1.26 billion.

WealthTech Solutions Present a $9.43 Billion Market Opportunity by 2028

The wealthtech solutions market is expected to see rapid growth in the next few years.

Fostering respect between generations key for wealth transfer conversations

By the time those grandchildren have kids, 90 per cent of that family fortune will be gone.

Titanbay teams up with Mercer on first private markets fund of funds

The product aims to overcome the key challenges faced by wealth managers in accessing private markets.

Close Brothers AM unveils Winchester office

A fresh location in Winchester is opened by Close Brothers Asset Management.

Foster Denovo expands presence in Scotland by snapping up Glasgow-based advice firm

Managing director of Rosemount Asset Management, Raymond Pirrie, added: “We want to grow and advance in the right way.

Titan Wealth to close multi-asset range of funds in one month

The news follows Tavistock’s termination of its partnership with Titan last month

No Smooth Sailing Expected for UBS’ Iqbal Khan

This is a historical milestone for the Swiss financial giant as it has placed a divisional president in Asia for the first time ever.

Basisbank named Best Private Bank in Georgia at the Global Banking & Finance Awards

The award salutes the bank’s wide range of products and services that meet international standards.

Geneva-Based Private Bank One Swiss Reports Lower Profits

Following a strong performance in 2023, One Swiss reported a decline in net profit for the first half of the year.

A survey reveals that nearly half of family wealth consists of financial assets

Despite the trend of diversifying booking centers, nearly half of high-net-worth individuals still keep all their assets in a single country

Wealth and Asset Management