10/27/2023
Canaccord Genuity eyes Close Brothers wealth business in UK push - sources
Such a deal would be another example of consolidation in the UK's fragmented wealth management industry, driven by both corporates and financial investors.
Wealth and Asset Management
10/27/2023
Hertford-based financial planner makes acquisition
Adding £40m to assets under management
10/27/2023
Coutts’ profits drop 58% as clients demand higher-interest accounts
Deposit levels are up, but the private bank is no longer able to sustain high margins on savings as clients seek out higher-interest accounts.
10/27/2023
UBS: The Ermotti Connection Plays in Ticino
It's now also clear what will happen to the previous Credit Suisse boss in Ticino.
10/27/2023
Amundi bucks industry outflows as assets near €2tn
Passive funds and Asia demand stood out during the third quarter
10/27/2023
FCA continues review into NatWest after 'potential regulatory breaches' identified over Coutts incident
'Failed to treat him fairly'
10/26/2023
Room Zero Announces Deal With Jupiter Asset Management
Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information.
10/26/2023
Swiss Life Asset Managers expands index-based investment business
Swiss Life Asset Managers is a leading European provider with a wide range of investment solutions and a wealth of experience in this investment segment.
10/26/2023
Standard Chartered Third Quarter 2023 Results
We have continued to make strong progress in the third quarter against the five strategic actions outlined last year
10/26/2023
UBS AM merges sustainable corporate bond funds
The UBS Corporates Active Climate Aware fund had underperformed its benchmark over five years.
10/26/2023
Private markets manager opens Geneva branch
The new office is managed by Carlos Arias, who formerly worked for Edmond de Rothschild.
10/26/2023
Pictet AM’s European direct lending fund hits €200m target at first close
The newly launched Article 8 fund will focus on financing European lower mid-market private companies.
10/26/2023
Odey Asset Management to wind down subsidiary
A notice for compulsory strike off has been filed for the firm, with a document being processed which will be available in the next 10 days.
10/26/2023
The billionaires and the bank: the tussle at the top of Mediobanca
Shareholders to vote on competing board candidates in a power struggle over the future of the Italian group
10/25/2023
Deutsche Bank reports nine-month 2023 profit before tax of € 5.0 billion and raises capital outlook
Strong capital management and enhanced capital outlook support business growth as well as acceleration and expansion of distribution goals
10/25/2023
Brook Asset Management begins wind-up process
First Gazette notice
10/25/2023
St James’s Place suspends trading in £820m property fund
The UK wealth management firm is headquartered in Gloucestershire with offices around the UK
10/25/2023
UBS Rolls Out the Welcome Mat for More Credit Suisse Analysts
A team of Credit Suisse senior researchers has moved to UBS, as the banks continue their integration journey
10/25/2023
Santander reports attributable profit of €8,143 million for the first nine months, increasing earnings per share by 17%
Net interest income increased 16%
10/25/2023
Elite managers pounce on UBS and Julius Baer stock
Both banks now sit among the top ten Swiss firms in Citywire’s Elite Companies Database