02/06/2018
Euromoney’s Private Banking and Wealth Management Survey 2018
UBS Wealth Management voted best global private bank; private banks more bullish on revenues; hiring to increase.
Wealth and Asset Management
02/06/2018
Mattioli Woods increases revenue by 17%
Total client assets under management, administration and advice increased by 5.2 per cent to £8.34bn at 30 November 2017, compared to £7.93bn at 31 May 2017.
02/06/2018
JPMorgan closes three funds in product rationalisation push
This change follows a spate of mergers that JP Morgan Asset Management announced last year where a total of 10 funds were rolled into other strategies.
02/06/2018
Schroders signs up to new fund transaction cost service
In 2016 the Financial Conduct Authority told fund managers they had a duty to inform workplace pension schemes of their transaction costs.
02/05/2018
UBS wealth managers to open flagship office in Edinburgh
The wealth management arm of financial services giant UBS has revealed major investment in Edinburgh as it prepares to move to a larger site in the city where it is looking to double its headcount.
02/05/2018
Swiss bank UBS chases the newly-rich in Britain's regions
The bank says a surge in personal windfalls from takeovers, and rising house prices had led to an increasing number of wealthy people across Britain.
02/05/2018
ZEDRA opens a new office in Zürich
The office will be located on Gartenstrasse 23, 8002 Zürich.
02/05/2018
Credit Suisse Cuts Management
Credit Suisse has axed thousands of jobs as part of spending cuts. Now, the Swiss bank is moving to cut a layer of management as well.
02/05/2018
Gulliver’s travels end on a high note for HSBC
His scorecard isn't flawless but history is likely to look kindly on HSBC's outgoing leader
02/05/2018
Ain’t no mountain high enough: Top HSBC banker is a man on a mission
The co-head of HSBC’s global banking business in the UK says processing the situation took some time.
02/05/2018
Berenberg confident bet on Mifid II "opportunity" in London office will pay off
The bank, the second-oldest functioning lender in the world, earned net profits of €90.2m
02/02/2018
Warburg Bank to buy majority stake in NORD/LB’s asset management arm
The merged group will have €34bn in assets and offer a range of asset management and servicing solutions.
02/01/2018
New wealth management service launched
The recently-launched wealth management business from financial planners John Lamb LLP, is now accepting new clients.
02/01/2018
Quilter Cheviot’s Belfast office celebrates 10 years in the city
The head of office, Nigel Crawford, said: “I am delighted to have been at the helm of the Belfast office over the past decade.
02/01/2018
LGT Vestra US and Jacksonville Jaguars launch UK university scholarship
The scholarship was kicked off by former Jacksonville Jaguars quarterback and Super Bowl winner, Mark Brunell.
02/01/2018
Private bank raises more than £15m from shareholders
Investor demand sees firm increase fundraising total
02/01/2018
Cambridge IFA launches discretionary portfolios
The firm, which has seven advisers, was granted discretionary permissions a year ago.
01/31/2018
Julius Baer profits beat estimates
Julius Baer Acquires as Profit Rises
01/31/2018
Jersey Named as Leading IFC for Sixth Time in a Row at Citywealth Awards
Jersey’s reputation as a leading centre for private wealth management has been highlighted for the sixth time, being named ‘International Financial Centre of the Year’ in the annual Citywealth IFC Awards.
01/30/2018
Wealth firm clients take £1.9m hit on small cap blow up
Shareholders were asked to put more money into the energy supplier towards the end of last year as it struggled to hit growth targets and buy power in the wholesale market.