07/15/2019
Rothschild & Co named the World’s Best Independent Investment Bank
The Best Independent Investment Bank award recognises the strength of Global Advisory's achievements in the last 12 months worldwide.
Wealth and Asset Management
07/15/2019
J. Safra Sarasin Group completes the acquisition of Lombard Odier’s Private Banking Business in Gibraltar
The attractive client base and their experienced relationship managers are an excellent fit with J. Safra Sarasin’s private banking business and its comprehensive offering of investment services and trading capabilities.
07/15/2019
Santander brews up first UK 'work café' for small businesses
It has since grown to a 50-strong chain of work cafés, spanning Spain, Portugal, Brazil and Argentina.
07/14/2019
ABN AMRO cuts funding for new rough purchase; sends letter stating the same to the diamond trade
Stating continued lack of profitability as a reason, ABN AMRO sent a letter to the industry stating that it will withdraw support for new drawings under current rough purchase sub-limit
07/14/2019
Deutsche Bank’s sprawling art collection left untouched despite cost-cutting drive
City staff who lost their jobs last Monday would have walked out of a reception decorated with a piece of stainless steel art by Anish Kapoor (ironically titled Turning the World Upside Down) as well as one of Damian Hirst’s renowned “spot pai
07/12/2019
Schroders Personal Wealth to launch exclusive multi-asset range for clients
The funds are run on an open architecture basis and are manager of managers strategies
07/11/2019
'Nouveau riche' present key opportunity for wealth managers
Total global wealth is set for solid growth over the coming years, particularly China and India. New analysis from Boston Consulting Group has explored various options for wealth managers to increase their customer base.
07/11/2019
Edmond de Rothschild acquires 34% of quant asset manager
With a research and management team of around 10 experts, Eraam specialises in seeking absolute performance through factor management using a proprietary, disciplined and transparent approach.
07/10/2019
GAM Holding AG provides an update on first-half 2019 results
GAM confirms that it is on track to sell the remaining ARBF assets on or before 15 July 2019 and will update the market upon completion.
07/10/2019
IQ-EQ’s leisure business FNTC acquires VOTA to expand services in United States
FNTC and FNTC America Ltd are both wholly owned subsidiaries of IQ-EQ, a leading investor services group that supports fund managers, global companies, family offices and private clients operating worldwide.
07/10/2019
Charles Stanley outflows offset by performance gains
Charles Stanley’s “higher margin” discretionary service saw funds grow 3.8 per cent, while advisory managed and execution-only funds were flat.
07/10/2019
JTC ranked as a leading global trust company
JTC’s third time in a row ranking as a Tier I firm is reflective of its clear success in the last 12 months since listing.
07/10/2019
Deutsche Bank looks to boost wealth management as part of reinvention
Deutsche Bank said last month it planned to hire 300 more relationship and investment mangers for its wealth management (WM) business by 2021.
07/10/2019
Introducing the UK’s leading wealth managers – Spear’s index revealed
One person who’s still making money is that perennial rainmaker Charlie Hoffman, for a long while now the talisman at HSBC Private Bank, who retains his place in our top ten.
07/09/2019
World's richest people become poorer as £1.6 TRILLION wiped from their fortunes
The report, which analysed the wealth of the world's richest people, found that their total wealth fell by around $2 trillion US dollars (£1.6 trillion) in 2018
07/09/2019
Home Truths: Is Now the Right Time to Invest in Property?
Real estate experts pondered the pros and cons of property investing at our most recent debate.
07/09/2019
Quarterly Update: Politics Casts Clouds on Sunny Markets
Supportive central banks sweetened the second quarter for investors but late cycle risks remain.
07/08/2019
Deutsche Bank Slashes 18000 Jobs in $8.3 Billion Overhaul
This is a restart for Deutsche Bank – for the long-term benefit of our clients, employees, investors and society.”
07/08/2019
Benvenuto! Why the number of high-net-worth individuals applying for Italian residency may spike
The country’s touting the fact that there’s no minimum investment requirement
07/08/2019
Saranac Partners launches wealth management service for US persons
The private client advisory firm, focused on ultra-high net worth individuals and families, now offers a comprehensive wealth advisory, investment management, lending solution and tax reporting service to US persons and green card holders residing outside