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

Intesa sanpaolo: consolidated results as at 30 june 2024

The solid performance of income statement and balance sheet in the first half of the year translated into significant value creation for all the stakeholders

Deutsche’s Swiss CEO makes dive for first-class family offices

Loïc Voide talks hiring, cost-cutting, inflows and the need for quality over quantity from financial intermediaries.

Bank Avera presents a pleasing half-year result for 2024

Bank Avera has reported very good results for the first half of 2024

HSBC Holdings plc Interim Results 2024

We are confident that we have the right strategy and model to grow revenue

The best private members’ clubs 2024

Welcome to the Spear’s ranking of the best private members' clubs for high-net-worth individuals

Phoenix Group and Schroders to launch new private markets investment manager with £1bn initial commitment; up to £2.5bn over three years

This will provide scale at inception, with ongoing fundraising led by both Schroders and Phoenix Group.

Julius Baer criticised by Monaco for poor client controls on transactions worth £135 million

The Commission de Controle des Activites Financieres announced last week that Julius Baer bankers did not have appropriate measures in place for a series of 10 transactions by an unnamed client.

Schroders Capital launches AI analyst for private equity

Schroders Capital’s proprietary and internal-only platform harnesses the technical expertise of its data science specialists alongside the deep investment knowledge of its private equity team.

Wealth managers feel strong philanthropic frameworks exist to support clients

One of the regulatory frameworks which exist for clients that wish to be heavily engaged is, according to Von Simon, the creation of a donor advised fund.

ZKB buys Complementa

Complementa, which offers services including investment reporting and consulting, has been working with ZKB since 2006.

Bank WIR grows faster than expected

The net profit from interest business also contributed to this.

The fund groups which rely most on St James’s Place

One property fund manager runs more than 50% of its assets for SJP, while other active boutiques could come under pressure as the wealth giant ups its allocation to passives.

Wealth managers feel strong philanthropic frameworks exist to support clients

He said there were specialist solicitors in the UK who were available to wealth managers who had a client wishing to set up a foundation.

Louise Street: “Family offices are now using gold for diversification”

Central banks and public institutions increased their global gold holdings by 183 tonnes

Swiss Private Banking in Italian

It was under these premises that BG Suisse Private Bank was founded in 2021.

SJP reports record FUA and increased inflows in first half of 2024

On the financial front, SJP’s underlying post-tax cash result was slightly lower at £205.2m compared to £207.1m in the previous year.

Standard Chartered: Second Quarter and Half-Year 2024 Results

Standard Chartered PLC – Results for the first half and second quarter ended 30 June 2024

Amundi: 2024 1st half and 2nd quarter results

These assets under management now include nearly €100bn in direct distribution, alongside the success of the JVs.

Geneva multi-family office merges with external asset manager

GSK & Partners and Swiss Financial House will join forces on 1 August.

J Safra Sarasin backs small caps in ‘major rotation’

The Basel-based private bank says that small-caps suffered when interest rates were rising, but are now part of the way through a recovery.

Wealth and Asset Management