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

ONE Swiss Bank - H1 2023 Financial Results

These positive performance indicators show that our business is well positioned to grow in the current environment.

Liontrust quarterly assets under management fall but in good shape

This was attributed to net outflows of GBP1.62 billion, while GBP294 million was lost through market and investment performance.

Pressure on banks = pressure on WealthTechs

Warren Buffets' famous quote: “Only when the tide goes out do you discover who’s been swimming naked.” has rung true yet again.

Caledonia Investments solicits bids for $585 million wealth manager 7IM -sources

Unlike continental Europe where investment products are largely distributed through banks, the UK has a vast network of investment advisory shops that help customers manage their money.

Fairstone establishes 'West Midlands Hub' with investment in Dudley's Prosperity Wealth

The growing North East wealth management group says it is looking to back management teams of larger independent financial advice firms

Brooks Macdonald assets tick up on £100m quarterly inflow

In a trading update this morning, the wealth manager reported a FUM increase of 0.4% in the three-month period ending 30 June, climbing from £16.79bn to £16.85bn.

GAM's largest shareholder supports the Liontrust offer

A shareholder since August 2011, Silchester is familiar with the asset management industry, regulatory approval processes globally, and GAM’s management.

CEE’s best bank for wealth management 2023: UniCredit

But UniCredit is clearly committed to staying the course.

Succession Wealth expands its Birmingham HQ

Totalling 64,000 sq ft, the 11-storey development has recently undergone an extensive programme of refurbishment

There is a lot of catching up to do when it comes to digitization

This is the result of a survey of banks, wealth managers and asset managers by the fintech provider Objectway.

Intesa CEO: bank to expand in wealth management thanks to technology

Intesa last month launched Isybank, a cloud-based mobile-only bank powered by Britain's Thought Machine, which Italy's biggest lender is targeting at younger customers with digital skills and a need for only basic banking services.

Monthly update: Sun shines on a brighter market mood

Stock markets are holding up, driven by easing US inflation and prospects of an uneventful economic slowdown.

Credit Suisse Employees Trapped in No Man’s Land

That is potentially why the potential scale and extent of any domestic restructuring may come as more of a relative shock to a significant number of Swiss employees.

Wave of Shareholder Activism Gripping Switzerland

The GAM rebels are only representative of a trend that is beginning to spread across Europe.

Close Brothers considering sale of wealth management arm – reports

Allegedly working with Goldman Sachs on a review of the business

Goldman Lampe Private Bank Shields Clients from Scams and Fraud, Saving 150 Million Euros in 2022

Goldman Lampe Private Bank's innovative approach to combating scams revolves around maintaining close relationships with its clients and taking immediate action when fraud is detected.

Business integration in wealth management M&A

In this series of articles we look at a variety of aspects in M&A transactions that can affect value, for buyer or seller, and propose ways of addressing these in the commercial terms to enhance value.

Banque Heritage SA: Results for first half of 2023

Banque Heritage Reaps the Rewards of its Sound Management and Benefits from the Current Financial Environment

Property slowdown could boost sustainable investing: ZKB

Real estate investors have more choice following the rise of interest rates believes Zürcher Kantonalbank’s real estate head.

High net worth Brits are paying thousands for EU citizenship post-Brexit

There has been an “untold increase” in the number of wealthy Brits paying for golden visas and citizenships in Europe.

Wealth and Asset Management