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

Deutsche Bank jumps into the breach of the CS corporate customer business

This means that Deutsche Bank is jumping into a gap that was created by the disappearance of Credit Suisse (CS) in the local corporate customer business.

Bank Avera: Strong profit increase under new management

This is probably due to the growth of customer funds and loans and the increased interest rates, as we can see further.

Six wishes to make this a Budget for entrepreneurs

The Chancellor should therefore make the Spring Budget on March 6th one that incentivises entrepreneurs and encourages them (and others) to invest in the UK.

Coutts awarded five stars across all reported categories in the latest UN PRI 2023 result

The latest scoring for signatories for the United Nations-supported Principles for Responsible Investment (PRI) assessment gives Coutts the top, five-star rating across all categories that were reported on.

Fadi Barakat on REYL Intesa Sanpaolo Finance’s Boutique Independent Offering for the UAE’s Dynamic Wealth Market

It believes that its position as a boutique independent wealth firm is ideal for achieving the best client outcomes and for the firm’s ongoing strategic growth.

Rothschild & Co Bank: Ex-Credit Suisse Bankers Need to Deliver

They have only had a limited impact on net new money inflows to date even though profit is up significantly.

San Francisco retains top spot as London climbs to second in Schroders 2024 Global Cities Index

In the United States, Texan cities had a strong year.

Schroders full-year results 2023

Execution of our strategy delivers growth despite industry headwinds

WealthSelect MPS added to third-party platforms for the first time

Since inception, WealthSelect has been one of the best performing managed portfolio services in the market.

BLKB will achieve excellent business results in 2023 and will significantly increase the distribution

The BLKB increases the distributions to the canton and the certificate holders by around 14% and at the same time substantially strengthens its own funds.

St. James's Place Full Year Results 2023

Robust underlying financial performance impacted by one-off provision

EFG publishes agenda for its Annual General Meeting 2024

Shareholders can attend the Annual General Meeting (AGM) in person in Zurich or they can vote online or by granting a power of attorney and issuing voting instructions to the independent proxy.

Advisers say digital wealth managers pushing them into retirement

Researchers working for Investec Wealth & Investment quizzed 100 IFAs and financial planners

LLB Switzerland with the best result in its history

LLB Switzerland closed the 2023 financial year with a profit of CHF 33.8 million

Chairman of the Board of Directors of Glarner Kantonalbank has died

Martin Leutenegger has been Chairman of the Board of Directors of Glarner Kantonalbank since 2008.

Insights on Jersey’s Position in Islamic Wealth Management

Faizal’s contribution to the prestigious report further solidifies Jersey’s position as a forward-thinking, award-winning international finance centre

Abrdn reveals a fifth of advice jobs cut and 50% write-down

Asset manager merges Abrdn Financial Planning, whose value almost halved in 2023, with Interactive Investor.

Bellevue reports market-driven decrease of net profit

Although the global financial markets were remarkably positive, Bellevue’s key market in the healthcare sector generated once again a below-average market performance.

EQT raises €22bn for PE flagship boosted by private wealth interest

The 10th iteration of the firm’s private equity fund managed to raise 40% more capital than its predecessor.

Abrdn CEO defends turnaround plan: ‘Headwinds have been stronger than I anticipated’

Bird, who dubbed himself the 'reset guy' when he became Abrdn CEO in 2020, said the asset manager was better diversified than it was three years ago

Wealth and Asset Management