03/20/2023
UBS takes over Credit Suisse secured by state guarantees
The merger of the two major Swiss banks will create a banking group with around 5 trillion US dollars in assets under management.
Wealth and Asset Management
03/20/2023
LGT reports sharp rise in profit and strong net asset inflows in 2022
Personnel expenses were almost unchanged at CHF 1.32 billion, reflecting organic growth and the acquisition of Crestone
03/20/2023
Julius Baer publishes Annual Report 2022 and Sustainability Report 2022
Additional factors could cause actual results, performance or achievements to differ materially.
03/20/2023
PIMFA welcomes abolition of pensions lifetime allowance
Going forward, it is vital that any future policy should not negatively impact on the ability of people to save and invest and we would encourage the Government to look at other areas – particularly those that disincentivise individual share ownersh
03/20/2023
Bank shares slide following UBS's Credit Suisse rescue
Bank shares are under intense pressure following UBS’s stunning $3.25bn rescue of rival Credit Suisse over the weekend.
03/20/2023
Global Market Insights: February 2023
Despite the January blip we have not seen enough evidence yet to suggest that inflation will be significantly different by year end than the 3.5% to 4% we have been forecasting for some time now.
03/20/2023
Titan Wealth launches MPS headed by Top 100 star
Titan Wealth has launched an in-house model portfolio service for financial advisers and institutional investors, Citywire Wealth Manager can reveal.
03/20/2023
Spring budget: the impact on pensions and passing on wealth
Sweeping pension changes announced by the government in the recent Budget could have implications for inheritance tax planning.
03/17/2023
European Banks Update from our Asset Managers
Following the news Credit Suisse has received a liquidity back-stop from the Swiss National Bank, we provide some insight from our Asset Management team.
03/17/2023
Deposit accounts: Building towards your near-term goals
As interest rates rise in a bid to tackle elevated inflation, savers could be benefiting from the increased rate environment. Find out what Coutts has to offer.
03/17/2023
Brooks Macdonald settles into new office
It also has a dedicated sustainability working group, adheres to global standards and operates a reuse and recycle policy.
03/17/2023
Royal Bank of Canada to be the Photo London’s Principal Partner
The expanded Publisher’s part of the Fair brings the most interesting titles printed abroad, while the Public Programme features engaging and innovative exhibitions, installations, displays, and a famous Talks programme organised by Aperture.
03/17/2023
What Credit Suisse’s problems mean for its investors
Investors in bank debt need to differentiate between three types of crisis: liquidity, solvency and confidence, writes Annie Raccah of Capital Y.
03/17/2023
Valartis expects profit jump
In the previous year, the institute reported a profit of CHF 5.9 million.
03/17/2023
Record 2022 results for the BancaStato Group
The inflow of new client assets was once again very high (+2.2 billion).
03/17/2023
Resistance to a forced marriage by UBS and CS
It remains to be seen what additional steps will be taken beyond the liquidity support provided by the Swiss National Bank (SNB).
03/17/2023
Private bank Maerki Baumann partners with Zurich-based venture capital specialist
The two firms have also established a ‘tech advisory board’ to assist clients using blockchain technology and cryptocurrencies.
03/17/2023
JPMorgan says UBS should be Credit Suisse's savior
The analysts suggested that UBS could buy Credit Suisse and close down its investment banking division, put up its retail bank in an initial public offering, and keep its wealth management and asset management divisions.
03/17/2023
'Investments and wealth management isn’t just about making money'
A few family members work in business but not finance directly,” Vayani said.
03/16/2023
For Credit Suisse, Gallows Humor is No Laughing Matter
It shows a certain degree of nonchalance in viewing the crisis embroiling Switzrand's second-largest Swiss bank, especially since its current stock price of 1.68 Swiss francs won't buy you a lot of bread.