10/27/2022
Profit before tax was €11,761 million, down 6% (+3% in current euros), while tax on profit in the period was €3,538 million, resulting in an effective tax rate of 30%.
10/26/2022
The second – investment returns – must anticipate the effect of systems changes on financial markets, and position portfolios to capture the upside as the economy transforms.
10/26/2022
Citi supports Sanlam Private Wealth’s business model transformation
10/26/2022
The bank aims to achieve these targets by supporting clients in carbon-intensive industries, and financing their transition strategies
10/26/2022
The bank posted a 3 percent uptick in operating expenses driven by increased investment-based spending, salary inflation and performance-related pay accruals.
10/25/2022
3Q22 net profit of USD 1.7bn, 15.5% return on CET1 capital and 14.4% CET1 capital ratio
10/25/2022
The private bank has eased its deposit rules after being left with a number of lower net worth clients following Canaccord's acquisition of Adam & Co's investment arm.
10/24/2022
The Inclusive Talent Management award recognises an organisation which has developed innovative, creative and effective strategies to attract, recruit and retain high performing and diverse talent.
10/24/2022
The settlement does not comprise a recognition of criminal liability.
10/24/2022
LGT will once again have a private banking office in Germany.
10/24/2022
Companies increasingly recognise the importance of supporting employees through difficult times. Many have taken a long-term view by investing in their people.
10/24/2022
The awards were created last year by PIMFA to shine a light on the excellent, often untold, stories that exist across organisations and among individuals in wealth management and advice industry
10/21/2022
The partnership furthers UBS’s “cloud first” strategy and the modernization of its global technology estate
10/21/2022
A total of almost 54 million Allfunds shares are to be sold via accelerated book building to institutional investors.
10/21/2022
Net inflows during the third quarter contracted by 15% to GBP2.19 billion from GBP2.59 billion a year before.
10/21/2022
One fund to merge
10/20/2022
The third quarter is typically a seasonally slow quarter, with this exacerbated by increasing market volatility and cost-of-living pressures, reducing gross flows.
10/20/2022
The FTSE 250 company also took a $4.5 billion hit from the stronger dollar in the third quarter and net outflows from its funds of £500 million.
10/20/2022
Challenging market conditions continue to impact GAM’s assets under management
10/20/2022
Schroders said the fall in its AUM was partly driven by a decline in its Solutions segment and a 5% decline in its Mutual funds unit.