05/30/2023
Private banking brands exit – how it creates new opportunities
There may be significant openings for expansion
Wealth and Asset Management
05/30/2023
Wealth management for Millennials: Are firms missing out on a massive opportunity?
A report from HSBC UK found that 57% of non-investing customers were unlikely to invest in the next 12 months for fear of losing money.
05/29/2023
Wealth manager St James’s Place kicks off hunt for new chief
The FTSE-100 company is working with Russell Reynolds Associates to find a successor to Andrew Croft, who has worked for St James’s Place since 1993, Sky News learns.
05/26/2023
Cazenove Capital wins gold for Best Impact/ESG Manager of the year at the Magic Circle Awards
The accolade highlights Cazenove Capital's commitment to sustainability, the depth and breadth of its sustainable investment offering and the strong performance of its impact and sustainable portfolios.
05/26/2023
Friends reunited: The Rathbones 11 set to reunite with old Investec W&I colleagues
Citywire Wealth Manager has learnt the names of 11 former Investec W&I investment directors who left the firm prior to the announcement it was to merge with Rathbones.
05/26/2023
Vontobel: Will there be a big castling?
It was clear that the banker from eastern Switzerland would sooner or later resign after 22 years in the pay of the traditional Zurich bank Vontobel – including twelve years as CEO.
05/26/2023
LUKB achieves the goals of the capital increase
By issuing the new registered shares at a subscription price of CHF 69.00 each, LUKB achieved gross proceeds totaling CHF 488.75 million.
05/26/2023
RBC Brewin Dolphin ‘wows’ Chelsea with Young Couple’s Garden
The couple traversed through various sections of the main avenue garden
05/25/2023
Earnings expectations improve after dip
Equity markets had a strong start to the year despite economic data that signals a deceleration in activity across the world, ongoing geopolitical tensions and concerns over persistent inflationary pressures.
05/25/2023
TrustQuay and Viewpoint Complete Merger Transaction
Customers will benefit from more capabilities and products, wider coverage of regulatory environments and enhanced global customer service.
05/25/2023
Close Brothers learns ‘expensive lesson’ from Novitas acquisition
Firm recovered in Q3 after its failed lending arm had caused profits to plummet 90% in first half
05/25/2023
Wealth and relationship managers should prioritise secure messaging in 2023
The favourable conditions that were contributing to a strong market went hand in hand with a digital transformation impulse
05/25/2023
Reuss Private Group AG increases net income with moderate growth
It was not until the fourth quarter that the economy and market recovery again ensured a more positive development.
05/25/2023
Julius Baer – Wrongly Punished?
Julius Baer shares were severely punished on the stock market after the publication of the key data for the first four months of the financial year.
05/24/2023
Wren Sterling completes acquisitions in Scotland and West Midlands and gains 860 clients
Active Wealth Management Limited will join Wren Sterling’s Glasgow office .
05/24/2023
Lombard Odier IM launches Future Electrification strategy
Managed by Paul Udall
05/24/2023
JM Finn profits tick up despite £1bn hit to assets
The wealth firm managed to keep profits buoyant due to higher interest rates on cash and reduced staff costs.
05/24/2023
Raymond James opens Fulham branch for Killik duo
Dasha Plotnikova and Max Scholey said they were attracted by Raymond James’ lack of a centralised model, paired with the support of a larger infrastructure.
05/24/2023
Investment marketing veteran Anne-Marie McConnon dies
McConnon, who worked for more than 25 years in marketing roles across the asset management industry, was most recently chief client officer at Rathbones.
05/24/2023
Mediobanca makes wealth management push to boost returns
Mediobanca said it would reposition its offer of both liquid and illiquid products and provide investment banking services to rich customers such as business owners.