08/23/2020
European private banks were already feeling pressure to revitalize. Now that the pandemic has accelerated changes in the expectations of clients and employees, the industry will need to accelerate its transformation.
08/23/2020
The company has been long focused on revamping its key wealth management division. In early 2020, the bank was in news for plans to cut about 500 jobs in the unit.
08/21/2020
The legal changes add to a broader wealth management business revamp.
08/21/2020
The range of funds available on some platforms was arguably wealth managers’ greatest complaint.
08/21/2020
AFH Financial has acquired the client book from insolvent Welsh wealth business Juno Moneta Capital.
08/20/2020
Most of Italy’s most important cultural institutions are public and the participation of private subjects in the cultural sector has been long debated.
08/20/2020
The joint administrators said that the company had ceased to trade prior to their appointment.
08/20/2020
Rigi partially rolls back measures from the 2008 financial crisis, when Switzerland told UBS to create separate legal entities that would be insulated in the event of a surprise bankruptcy.
08/20/2020
CHF 1.1bn of Swisscanto funds were transferred to ZKB.
08/19/2020
The company took CHF 75m to strengthen reserves as protection against volatility during the ongoing pandemic.
08/19/2020
Baillie Gifford was an early investor in US technology companies, backing the likes of Tesla, Amazon, Netflix and Alphabet (Google’s parent company) through a number of its funds.
08/19/2020
The fund invests in high credit-quality issuers in order to generate income over the long-term.
08/18/2020
The products are aimed at the next generation of global, entrepreneurial investors, who understand that ESG standards of companies are a key driver for long-term value creation and business sustainability.
08/18/2020
AJ Bell has is giving advisers access to managed portfolio services (MPS) run by wealth majors including LGT Vestra and Berwin Dolphin.
08/18/2020
It will allow trainees to develop a range of skills including digital and technical, in both back and front office roles.
08/18/2020
The SME businesses will be seeking capital in the range of £500,000 to over £10m.
08/18/2020
Aurèle Storno discusses the impact of higher volatility and mispricing.
08/17/2020
Moves follow last year’s decision to allow foreign managers majority stakes in joint ventures
08/17/2020
The bank said it had continued to build its client base during lockdown.
08/16/2020
Recognising and celebrating the leading service providers in the private equity sector, these awards stand out as the most prestigious of their kind in Europe.