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

Canaccord sees 56% spike in UK wealth clients looking abroad

As the Budget looms closer, concerned wealth clients are assessing their options as fears mount over a tax raid on their assets.

Evelyn Partners acquires ReSolve

The acquisition sees 60 employees including 12 partners and directors join Evelyn Partners as part of its Recovery & Restructuring Services team.

UBS to complete Credit Suisse client migration in 18 months, CEO says

UBS CEO Sergio Ermotti said the migration of Credit Suisse clients onto the UBS platform has started and is complex.

Wealth adviser urges people to ‘die tidily’ by putting their affairs in order

Everlake urges people to leave file with details of essential contacts, how to access accounts and assets and any personal wishes

Rising investment returns ensure growth in the Swiss fund market

This is the fourth quarter in a row that the Swiss fund market has grown and reached new highs.

Board of Directors of GAM Holding AG announces terms of rights issue

GAM intends to use the net proceeds from the Offering primarily to repay existing financial indebtedness (1) and to use the remaining amount for general corporate purposes to ensure long-term financial stability and financial support.

The federal government and cantons can still hope for a SNB payout

This should also make it more likely that the SNB will again make distributions to the federal government and the cantons.

Maerki Baumann establishes Middle East Hub in Abu Dhabi

The focus of the new Middle East Hub will be on tech corporate customers in the Gulf region who rely on blockchain technology or crypto applications.

Incore : With combined strength into the future

The extensive offering is based on the expertise and experience of over 160 employees in the areas of technology and banking.

Amundi breaks into top ten Swiss fund providers

The Credit Suisse takeover by UBS resulted in changes in market structure, according to the Asset Management Association Switzerland.

Private banking up for NatWest in Q3 2024

NatWest Private Banking produced a return on equity of 19.7% and an operating profit of £90m in Q3 2024.

ABG Sundal Collier delays launch of private bank again - Di

The company has been developing the service for a two-year period, and announced in the spring that the launch would take place this fall. But now this is delayed until the beginning of next year.

Odey Wealth Management enters liquidation

Odey Wealth Management’s registered address was also changed to Evelyn Partner’s office from the temporary office that Odey AM had occupied after it departed its Grosvenor Square headquarters last year.

Stonehage Fleming chair Anton Sternberg on going from James Bond to global adviser

Stonehage Fleming’s clients include the descendants of the famous spy’s creator. But the wealth manager’s UK chair says it eschews glamour in favour of the fundamentals

Billions of potential – How banks win the next generation of investors

Financial institutions must move away from standardized products and towards personalized services in order to continuously and proactively support investors in achieving their individual goals.

UBS: CS Client Migration Could Finish in 2026

The migration of clients from Credit Suisse to UBS should take another 18 months

Moody's Recognizes EFG's Progress

The rating assessment reflects EFG's progress in areas such as capitalization and profitability.

Luzerner Kantonalbank quarterly financial statements

For the entire 2024 financial year, LUKB expects a consolidated profit "at the upper end" of the profit forecast, which was increased to CHF 270 to 285 million in June 2024.

Geneva Asset Manager Dies a Quiet Death

In April 2023, a Zug-based private equity boutique Quaestor Coach acquired a stake in GMG Asset Management.

From Man Utd to UBS: Fergie’s £3.5m title winner starts new job

Anders Lindegaard will offer wealth management services to athletes, after ending a twenty-year career in professional football.

Wealth and Asset Management