05/02/2023
HSBC Holdings plc 1Q 2023 Earnings Release
Profit before tax rose by $8.7bn to $12.9bn.
Wealth and Asset Management
05/02/2023
Baillie Gifford and JO Hambro took losses on First Republic before write-off
Both asset managers decided to exit the US bank following the fallout from the collapse of Silicon Valley Bank.
05/02/2023
Schroders cuts multi-asset fees to challenge LifeStrategy market
Schroders has relaunched its multi-asset Tactical portfolio range, capping charges at 0.22% in a bid to win client money from a popular market.
05/02/2023
Lombard Odier UK scoops PAM award for innovation
The PAM Awards are among the most respected in the UK wealth management industry, and this marks our fourth win in five years.
05/02/2023
GAM Holding AG - Deferral of publication of the Annual Report 2022, Approved by SIX Exchange Regulation AG
SIX Exchange Regulation AG has approved this exception of the maintenance obligations and thus the deferral of the publication of the Annual Report 2022 of GAM Holding AG as well as the submission of this report to SIX Exchange Regulation AG by no later t
05/02/2023
Erich Pfister turns the helm at Banque Cramer
Geneva-based Banque Cramer benefited from its expansion and acquisition policy in 2022.
05/02/2023
GAM Holding AG's 2020-2023 Share Buy-Back Programme Completed on 28 April 2023
The maximum buy-back volume per day according to art. 123 (1) (c) of the Financial Market Infrastructure Ordinance (FMIO) amounts to 414,261 shares.
05/02/2023
Investment fraud - The long con
Clients heard examples of the latest types of investment scams, including crypto-related schemes, and tips on how to avoid them at our latest online fraud event.
05/02/2023
New lender Hana Capital enters bridging market
“We empathize with the frustration and disruption this can cause, and it goes against our core values and principles.”
04/28/2023
Informal discussion: Two entrepreneurs, one private bank
This was a fabulous opportunity to show that across the generations, entrepreneurs with different personalities
04/28/2023
Private Markets: Time for a vol-iday
The ensuing recalibration of expectations dragged markets through another bout of anxiety, only for investors to be assaulted, yet again, by a veritable banking crisis.
04/28/2023
Stonehage Fleming on 150 years of managing wealth
The Flemings manage the wealth of the world's leading families and have themselves faced all the challenges an affluent family might expect
04/28/2023
LGT has even bigger plans in Germany
The head of LGT customer business, Andreas Loretz, had previously discussed expansion in Germany.
04/28/2023
NatWest Private Banking delivers a profit of £133m in Q1 2023
NatWest Group’s strong performance in Q1 2023 is underpinned by our robust balance sheet
04/28/2023
Deutsche Bank Agrees to Combine UK and Ireland Corporate Finance Business with Numis
Accelerates Deutsche Bank’s Global Hausbank Strategy. Establishes Leading Force in UK Investment Banking
04/28/2023
Coutts profit jumps 62% on higher rate income
The NatWest subsidiary posted operating profit of £133m for the first three months of the year, driven by a 37% year on year increase in total income to £80m.
04/28/2023
Lombard Odier wins two Bilanz magazine awards
This year, Lombard Odier was awarded the "long-time quality leader" prize
04/28/2023
Investec W&I CEO rejects insider centralisation push claims
Sources told Citywire that several key exits were linked to concerns that Investec W&I was moving towards a more prescriptive, centralised model, which the firm’s new CEO has denied.
04/28/2023
abrdn merges three multi-manager funds with MyFolio range
Part of consolidation programme
04/27/2023
St James’s Place partner firm makes second deal of 2023
Acquisition takes its assets under management to more than £650m