02/17/2022
Standard Chartered unveils $750m share buy-back as it reports a rebound in profits
A reconciliation of restructuring and other items excluded from underlying results is set out
Wealth and Asset Management
02/17/2022
Markets Gripped by Geopolitical and Inflation Risks
Economists at JPMorgan now expect UK inflation to hit potentially 10% year-on-year due to the rise in energy prices and likely tax increases.
02/17/2022
REYL Intesa Sanpaolo completes the integration of Intesa Sanpaolo Private Bank (Switzerland)
The partners of REYL Intesa Sanpaolo hold collectively 31% of the combined entity.
02/17/2022
M&G buys TCF to enter model portfolio market
M&G Wealth will take responsibility for the ongoing management of Maps, and will also launch a new range of portfolios in the coming months.
02/17/2022
GAM Holding AG announces full-year 2021 results
Ad hoc announcement pursuant to Art. 53 listing rules
02/16/2022
Fund manager Liontrust faces investor revolt over 'excessive' pay awards
A significant proportion of the £1bn asset manager's shareholders are expected to reject its plans for a new executive pay policy on Wednesday, Sky News understands.
02/16/2022
UK financial advice company buys IFA firm
Combined business will have over £250m AuM with bases in Liverpool, Bolton, Lancaster and Watford
02/16/2022
Kingswood buys Eastleigh-based IFA for £3.6mn
The IFA provides financial advice to more than 750 clients
02/16/2022
Kingswood acquires Aim Independent Limited
Aim was founded in 2000 and is run by Phil Watson and Andy Davies
02/15/2022
Sold Sanlam wealth business names new top team
It aims to be the first truly digitally enabled, hybrid wealth business in the UK
02/15/2022
Banca March buys BNP Paribas's Spanish private bank
BNP Paribas will transfer 80% of its portfolio of clients and its bankers to the Spanish bank, the newspaper said, adding the French bank will retain 20% of the business.
02/15/2022
Discussing top trends in 2022 for the Wealth Management sector
Firms need to deploy exciting ways to gain the audience’s attention and win new clients
02/15/2022
IQ-EQ wins ‘Best Wealth Planning Team’
It’s the second year in a row that IQ-EQ’s Swiss team has scooped this award, reflecting the success of their agile, service-focused approach.
02/14/2022
SJP has largest number of funds in the 'dog house'
The largest of SJP's dog funds was the £3.05bn Global Equity fund
02/14/2022
HSBC trims private bank staff and reduces office space in Switzerland
Lender relocates some workers to cheaper countries as it continues cost-cutting push
02/14/2022
HSBC’s Private Bank Plans Zurich Hires as Part of Wealth Push
The expansion comes as the bank reduces the size of its Geneva office as part of a pandemic-driven shift to flexible work, in addition to moving more back-office operations to cheaper locations.
02/14/2022
Tavistock backs out of £3.7m IFA acquisition
Deal is no longer in the firm’s ‘strategic interests’
02/11/2022
Schroders MPS boss targets £10bn AUM by 2025
Many of the strategies in the range own passive funds, a type of product not offered by Schroders.
02/11/2022
Merchant acquires minority stake in Fusion Family Wealth
The firm oversees more than $1bn in assets on behalf of private households, as well as 401(k) retirement plans for professional service organisations, including accounting and law firms.
02/11/2022
Bank of Cyprus named Best Private Banking & Wealth Management Bank
The selection of the best Banks is done after an independent analysis of financial organisations in relation to the quality of service offered to private and institutional customers