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

Sancus Announces Update on Trading for the First Half of Year

Group shows substantial growth

The Great Inflation Balancing Act

With inflation reaching record levels on both sides of the Atlantic, Coutts Head of Asset Allocation Lilian Chovin takes a deep dive into what it means for investors.

Lending to Wealthy Clients Gives UBS’ Wealth Business a Boost

Several wealth managers have reported that net interest income soared during the second quarter thanks to higher interest rates and steady demand for securities-based loans, mortgages, and other lending products.

Deutsche Bank reports profit before tax of € 1.5 billion, its highest second-quarter profit since 2011

Deutsche Bank has announced its highest second-quarter and half-year post-tax profits since 2011.

WH Ireland delivers pre-tax profits of £1.4m as discretionary AUM grows

WM AUM remains at £1.6bn

Sanlam Wealth mulls migration of £7bn AUM to customised platform

Currently, the Sanlam Portal and Platform sit with Chesnara, along with £7bn of assets.

UBS Part of Banking Group Suffering Buyout Lending Loss

Bridge loans play an important role in the completion of individual transactions in takeovers and mergers, and are an integral part of investment banking typically generating a high percentage of the fees and commissions earned in those business units.

UBS's second-quarter 2022 results

2Q22 net profit of USD 2.1bn, 18.9% return on CET1 capital

SJP focuses on academy talent as it looks to plug advice gap

Payne pointed out that a goal of the academy is to help plug the advice gap, and that in the past few years advances in technology

Zurich forays into Italian advice market

Following acquisition of Deutsche Bank’s advisory network in the country

UK firm gets £3m from Santander to fund wealth acquisition spree

It aims to buy businesses across the north of England and London

Presentation of the 2022 half-year results for the Julius Baer Group

In the first half of 2022, assets under management declined by CHF 54 billion (11%) to CHF 428 billion.

Credit Suisse wants to put the brakes on costs

The cost structure is too large for the bank's revenue potential," the source said.

Bank consortium around UBS suffers loss with bridge loan

But with the market turbulence of recent months, the liabilities assumed in such deals have often proved to be a boomerang for banks.

Hawksmoor parent company buys wealth and asset management group

Deal takes AuA/M to nearly £8bn

BNP Paribas guns for growth in wealth management and sustainable investments

The bank’s 2025 strategic plan aims to direct investments towards supporting a more sustainable economy

PIMFA announces shortlist for second Diversity & Inclusion Awards

Launched last year and opening to entries in April, PIMFA’s industry awards demonstrate our continuing commitment to promote diversity and inclusion best practice within the financial services industry.

Altus: Modern Darwinism in wealth management

No one said change was easy. But to survive, and to prosper, it is necessary.

Julius Baer to cease charging clients negative interest rates

In a persistent negative interest rate environment, Julius Baer has been applying negative interest rates to client cash holdings in these currencies.

Second half funds: Nine wealth managers' top plays

Nine readers tell us which funds are high up on their second half hit lists.

Wealth and Asset Management