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

Swiss private banking not ready to roll over just yet

Today the country's sole globally systemic lender faces a substantial increase in regulatory capital requirements, under reforms that the Swiss government is advocating for.

Zürcher Kantonalbank adopts Avaloq digital asset platform

Avaloq launches its digital asset platform at Zurcher Kantonalbank.

What are you seeing in the global private wealth industry right now? By Ernesto Mairhofer, Head of Private Wealth and Family Offices of Citco Corporate Solutions

Citco offers a fully comprehensive breadth of services that can be customized to fit individual client needs

M&G’s wealth business posted £9mn loss ahead of restructure

The assets under administration for the combined wealth and advice business was £21.8bn at the end of June 2024

Santander “steals” from CaixaBank the architect of its private bank’s success in recent years

The entity chaired by Ana Botín has reorganized the management of the bank in Spain

SEB to acquire Boye Advisory to strengthen private wealth and family office offering

The transaction will further strengthen SEB’s Private Wealth Management & Family Office division and enhance its offering to this client segment.

UBS Asset Management completes merger of Credit Suisse Asset Management (Schweiz) AG with UBS Asset Management Switzerland AG

As of 30 August 2024, Credit Suisse Asset Management (Schweiz) AG has been deregistered from the Commercial Register of the Canton of Zurich and has ceased to exist as a separate entity.

Julius Baer renames subsidiary Kuoni Mueller & Partner to Julius Baer Real Estate Ltd. and acquires all of its shares

At the same time, the Group has bought all outstanding minority shares in the subsidiary, which was acquired in October 2021, and has appointed Thomas Hodel as its new CEO.

Quilter announces acquisition of NuWealth to enhance digital capabilities

With this acquisition, Quilter aims to evolve NuWealth to work with advisers to help them support clients at the start of their investing journey.

Coutts Monthly update: Markets restored amid solid company performance

Despite an uncertain start to the month, markets soon recovered and are now looking forward to the first US interest rate cut in four years.

Howden Switzerland CEO on Growth: «Buying Alone is Not Enough»

While three years have already passed, the firm still faces significant challenges.

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.

Wealth and Asset Management