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

EFG International opens advisory office in Dubai

EFG is also announcing the appointment of Sascha Pietrek, who will head EFG’s Dubai presence

Lloyds profits plummet as PPI pain hits and COO quits

In an end of third quarter statement to the markets, Lloyds Banking Group boss António Horta-Osórioario said he was 'disappointed' by the impact of Payment Protection Insurance compensation on the company's balance sheet.

Rhodes Wealth Management doubles clients after merger

“We are delighted to have effectively doubled the number of clients under the Rhodes Wealth Management umbrella overnight and are happy to be a part of such a knowledgeable and friendly team."

BNP Paribas Securities Services records 6% boost in revenues for third quarter

During the quarter, the French-headquartered global custodian recorded a number of key mandate wins, boosting AUC and revenues.

Standard Chartered PLC Third Quarter 2019 Result

Our strategy of the last few yearshas progressively created a stronger and more resilient business

Schroders sells stake in UK fund house

Lincoln Peak Capital Purchases Minority Equity Interest in RWC Partners

Credit Suisse profit soars and beats expectations

Helping our clients achieve their objectives ultimately ensures that we create value for our shareholders.

WeekWatch by St. James's Place

A Christmas election carries its own particular risks; for one thing, many of the usual venues are already booked for Christmas parties and pantomimes – surely a gift for headline writers across the land.

Investors embrace private assets as geopolitical concerns and global economic slowdown fears soar

More than half of investors (52%) said that politics and world events such as Brexit and trade wars would impact portfolio performance over the next 12 months.

Edinburgh private bank to take on £35m loan book from Smith & Williamson

The Edinburgh boutique bank reported 48 per cent year-on-year income growth in half-year results released in August

Wealth Manager Top 100 2019: the first 25 heavyweights

We reveal the first 25 names in alphabetical order from our annual survey on the most influential people in fund selection across the private client industry.

The bold will stay ahead of the curve in asset & wealth management

Financial advisor practices across all wealth management channels and business models need to scale family office-like services to their clients across all wealth spectrums.

Why smaller asset managers are on the prowl for M&A deals

Of the 18 deals announced so far this year, the average size has tumbled to just $121m

REYL launches Entrepreneur & Family Office Services business line

The Entrepreneur & Family Office Services business line therefore offers specific expertise in areas such as corporate banking, private banking, credit, wealth planning, legal advice and portfolio administration and management.

Sanlam UK on a quest to be ‘go-to brand for intermediaries’

‘There are plenty of opportunities, most of the life companies have died’ says former Thesis director

Mediobanca CEO defends strategy under fire from Italian billionaire

But Mediobanca CEO Alberto Nagel, who is due to present a new business plan on Nov. 12, told a conference call that his growth strategy was based on organic assumptions.

Barclays profits hit by £1.4bn provision for PPI claims

Barclays had previously announced it expected to incur £1.2bn to £1.6bn in PPI-related costs.

Whisky fund opens up to UK wealth managers

A Sweden-listed whisky fund is to try and raise capital from UK wealth managers and family offices

Only 26% of investors have a clear fixed income approach to responsible investing

Historically, responsible investors have tended to focus more on equities than on fixed income

Succession gains £500m AUM with adviser acquisition

Underpinning Succession’s ongoing focus on profitable, nationwide expansion and integration of large-scale businesses

Wealth and Asset Management