04/30/2020
Amundi suffers 'crisis-related outflows' during first quarter
In the first quarter of 2020, Amundi continued to develop its ESG offering.
Wealth and Asset Management
04/30/2020
Edinburgh-based private bank Hampden & Co bullish after ‘strong year’
Edinburgh-based private bank Hampden & Co has reported “another strong year” – with income up by more than a third – and said it expects to continue attracting robust levels of new business.
04/30/2020
Gold demand rises as investor buying spree offsets jewellery plunge- GFMS
That offset a 40% year-on-year fall in consumption of gold by jewellers to 308.6 tonnes, a 19% decline in use by industry to 75.3 tonnes and an 11% dip in purchases by central banks to 129.3 tonnes, the report said.
04/30/2020
Switzerland's Falcon mulls exit from private banking, other options
One of those options includes exiting the private banking business
04/30/2020
The world’s wealthiest are sticking with stocks despite the coronavirus crisis, UBS finds
In general, business owners are also positive on the longer-term outlook
04/30/2020
Results of the Annual General Meeting of GAM Holding AG 2020
David Jacob was elected as chairman and all the other members of the BoD who stood for re-election were confirmed for a term until the end of the next AGM.
04/29/2020
EFG Flags Corona Hit
Notwithstanding the recent market turmoil, EFG maintained its operational resilience with a solid business performance in the first quarter of 2020.
04/29/2020
Crossbridge Capital launches CONNECT Prime
This is an unprecedented time in our history.
04/29/2020
Investing during Covid-19 - we are 75% through the fear
There is no good reason to believe that history will repeat itself
04/29/2020
Protection perspective: ways to help safeguard your financial future
How coronavirus has underlined the importance of always being prepared.
04/29/2020
Deutsche Bank reports 1Q loss as WM arm sees 18% rise in revenues
Conservative balance sheet management enabled Deutsche Bank to support clients through extremely challenging economic and financial market conditions during the quarter.
04/28/2020
HSBC’s pre-tax profit falls 48% year-over-year in the first quarter to $3.2 billion
Analysts at Morgan Stanley had projected the bank’s first-quarter profit before tax could fall by 35.7% year-over-year to $3.998 billion.
04/28/2020
Lombard International Assurance launches distance selling process to enhance business continuity
This new process, part of the company’s enhanced business continuity and servicing plans
04/28/2020
UBS Profit Jumps Despite Coronavirus Disruption
The results were driven by strong performances across all businesses, and without the help of special items.
04/28/2020
The Coming Age of Innovation in Wealth Management
The Wealth Management Sector has lagged other financial sectors in terms of innovation. That is about to change.
04/27/2020
Deutsche Bank beats on profit, warns on capital buffers
Bank expects to report quarterly net income of €66m on revenue of €6.4 bn
04/27/2020
SYZ Capital merges multiple offerings
SYZ Capital, the boutique private markets investment firm created in 2018 under the leadership of Marc Syz, has broadened its alternatives offering to create a leading proposition and centre of innovation for both liquid and illiquid strategies.
04/27/2020
Ex-UBS Chairman Marcel Ospel Dies
He is survived by his wife, Adriana Bodmer and their two children as well as four children from two previous marriages.
04/27/2020
VP Bank approves dividends as profit increases
Due to the very good capital and liquidity situation with an equity ratio well above the legal minimum requirements and the solid business policy, VP Bank is well-positioned to successfully master the challenges ahead.’
04/27/2020
Review of the Week: Too much oil
Crazy phenomena like negative oil prices will keep popping up over the coming months warns our chief investment officer Julian Chillingworth. Investors will ignore most of it, but when they do panic, stocks could return to their March lows.