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

UBS: CS Client Migration Could Finish in 2026

The migration of clients from Credit Suisse to UBS should take another 18 months

Moody's Recognizes EFG's Progress

The rating assessment reflects EFG's progress in areas such as capitalization and profitability.

Luzerner Kantonalbank quarterly financial statements

For the entire 2024 financial year, LUKB expects a consolidated profit "at the upper end" of the profit forecast, which was increased to CHF 270 to 285 million in June 2024.

Geneva Asset Manager Dies a Quiet Death

In April 2023, a Zug-based private equity boutique Quaestor Coach acquired a stake in GMG Asset Management.

From Man Utd to UBS: Fergie’s £3.5m title winner starts new job

Anders Lindegaard will offer wealth management services to athletes, after ending a twenty-year career in professional football.

Raiffeisen Bank Romania’s Private Banking Division: 1 billion euros in investment products and portfolio diversification focused on sustainability

These clients now have access to dedicated services, a wide range of financial products, and high-level investment expertise through a new team of personal bankers.

Redington sold to insurance giant Gallagher

The investment consultancy, whose clients include SJP, is being sold to insurance brokerage Arthur J Gallagher.

Praxis named a 2024 eprivateclient Top Trust company

This accolade follows our recent shortlisting for Trust Company of the Year – Large Firm at the STEP Private Client Awards.

Oak recognised in eprivateclient’s 2024 ranking of Top Trust Companies

The rankings recognise the top fiduciary service providers for private clients across the UK and Crown Dependencies.

The Deloitte International Wealth Management Centre Ranking 2024

Seismic waves impacting leading financial centres

BlackRock, Aviva win multi-asset flows as investors brace for CGT shake-up

September marked the first month since January that multi-asset funds in the UK posted net inflows

26% of European asset managers fail to disclose Waci

This provides a crucial benchmark for evaluating the carbon intensity of investment portfolios and the transition risks carbon-heavy sectors pose.

Ravenscroft announces sale of wealth management business

The corporate finance and property management businesses of the wider Ravenscroft group are not included in the transaction, which follows Titan’s acquisition of Ravenscroft’s UK investment management business last year.

Pimfa: Buying Apfa was 'stupid' as it was 'totally defunct'

Former Apfa board members Gary Bottriell and Lord Deben were elected to the merged trade association’s board as member and chairperson, respectively, and are still in position.

Blackstone partners with UBS for semi-liquid PE fund distribution

The alts giant partners with the Swiss firm to distribute its private equity fund targeting wealthy investors.

Deutsche Bank reports third-quarter 2024 profit before tax of € 2.3 billion

Post-tax profit was € 1.7 billion, up 39% year on year, or € 1.3 billion excluding the Postbank litigation release, up 8%, compared to post-tax profit of € 1.2 billion in the prior year quarter.

Handelsbanken’s Interim Report January – September 2024

During the quarter, the Bank’s market shares of the net inflows to its funds in Sweden and Norway were twice the size of its market shares of outstanding fund volumes.

Evelyn Partners Group Limited third quarter trading update for the three months ended 30 September 2024

The period saw assets under management rise to a record high of £62.7 billion and operating income increase 11.1% compared to the same quarter last year.

JTC Named Top Trust Company in 2024 EprivateClient List

Within each category, firms are then further divided into three tiers to reflect each organisation’s size, quality of service, any recent M&A activity and overall performance.

Switzerland close to number one for international wealth management

This equates to around 21 percent of assets under cross-border management worldwide.

Wealth and Asset Management