08/24/2023
Andrew Cumming named “Outstanding in field" in The Spear’s 500
The Spear’s 500 is the indispensable guide to the top private client advisers, wealth managers, lawyers and service providers for HNW individuals
Wealth and Asset Management
08/23/2023
SJP defends loan levels by stating adviser defaults are 'low'
It takes a number of measures to keep defaults low, with its latest set of accounts showing that over the past decade only 0.05 per cent of loans were not repaid.
08/23/2023
Raiffeisen Boosts Profits as All Units Contribute
It benefitted greatly from increased interest rates.
08/23/2023
Tenet to cut staff amid network closure
While the business anticipates there will be a small number of redundancies, it is looking minimise this and will be communicating with its staff.
08/23/2023
Liontrust to lose FTSE 250 spot in reshuffle as abrdn drops out of FTSE 100
FTSE UK Index series quarterly review
08/23/2023
Liontrust has ‘messed up’ Gam takeover, experts warn
Under the leadership of John Ions, the firm’s assets under management have grown from £1bn to more than £31bn over the past 13 years.
08/22/2023
Evelyn Partners agrees terms for new prestigious Bristol office at landmark EQ building
The office will provide flexibility for colleagues to work both at desks and in collaborative areas.
08/22/2023
Supporting many of the world’s leading families and wealth creators across generations and geographies
Wealth Planning UK – seeing you through the uncertainty of divorce
08/22/2023
Brooks Macdonald partners with family business group
The firm joins forces with Family Business United to provide family business members with financial planning and investment management support.
08/22/2023
Wealth management firm makes EQ move
The EQ building is Bristol's first new office development to target Net Zero carbon in operation in accordance with the UKGBC framework.
08/22/2023
The banks have plenty of money for investments
On the other hand, an increased level of costs could prove to be a burden if things don't go so smoothly again in the coming years.
08/22/2023
Julius Baer successfully places CHF 360 million dual-tranche domestic senior unsecured bonds
Both tranches of bonds have been issued in Swiss standard denominations of CHF 5,000 and multiples thereof.
08/22/2023
BLKB’s Radicant Bank launches to the public
The mobile banking app is now available to the general public after successfully completing its beta phase.
08/22/2023
Pictet Asset Management Decreases Stake in Deutsche Bank Aktiengesellschaft
Pictet Asset Management SA’s stake in Deutsche Bank is valued at $11,608,000 as of the end of the reporting period.
08/21/2023
Pictet is Outsourcing its Main Procurement Activities
Because Chain IQ manages procurement for several companies, it can help Pictet achieve purchasing efficiencies it wouldn't be able to on its own.
08/21/2023
GAM Responds to Lletter from Rock Investments SAS
GAM has written to Rock setting out its response and the key points in that letter are set out below.
08/21/2023
BBVA boosts its Private Banking high net worth unit in Spain with 28 new bankers
The unit has teams specializing in wealth planning, market analysis and strategy, and investment solutions.
08/21/2023
Tatton IM rolls out money market portfolios in MPS
Following feedback from financial advisers
08/18/2023
Zurich family office overhauls board for expansion into HNW
Incumbent chair Björn Björnsson has retired, with lawyer Thomas Graf taking on the role.
08/18/2023
NewGAMe investor group offers bridge financing to GAM and increases investment with an equity swap
The total amount would match the Liontrust loans of approximately CHF 20m and lending terms for the NewGAMe funding would reflect a transaction entered into at arm's length.