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

J. Safra Sarasin Group Reports Strong Results for 2023

Group net profit rose by 6.9% to CHF 470.3 million in 2023 from CHF 440.2 million in 2022.

Mirova and Phitrust put biodiversity on the agenda of CAC 40 general meetings

Mirova and Phitrust are working to promote these standards to companies, particularly those high biodiversity stakes.

T+1 Could See Swiss Private Bankers Doing Night Shifts Soon

The Swiss financial hub won't be able to avoid the prevailing trend worldwide towards ever-higher transaction speeds and frequencies for much longer.

BNP Paribas Group: Results as at 31 March 2024

BNP Paribas confirms its 2024 trajectory – revenues more than 2% higher than 2023

NatWest hits close to £1bn in profit in Q1 2024

Operating profit before tax totalled £1,330m for NatWest in Q1 2024, which was higher than the £1,257m in Q4 2023 but lower year-on-year.

Schroders posts rise in assets as it looks to rebound from ‘challenging’ year

The news comes after Schroders announced on Wednesday that veteran chief executive Peter Harrison would retire next year.

REYL Intesa Sanpaolo represents ARTEX’s paying agent

REYL Intesa Sanpaolo works as a paying agent for ARTEX through its asset services product unit.

Deutsche Bank wins Best Structured Trade Finance, Best New Economy and Best NBFI Bank in APAC

The bank’s ability to bring its Global Hausbank offering to clients won out at this year’s The Asset awards

Vontobel 3-month 2024 trading update

In the first quarter of 2024, assets under management increased by CHF 16.9 billion to a total of CHF 223.7 billion compared to year end 2023. T

Results of the 2024 Annual General Meeting of UBS Group AG

Shareholders approved all proposals at the Annual General Meeting of UBS Group AG.

Baillie Gifford Sustainable Income fund added to the Wealth Shortlist

The fund focuses on providing a resilient income over time, meaning that while the income provided by this fund may not be the highest available, it can be expected to be more consistent.

Deutsche Bank reports 10% year-on-year growth in profit before tax to € 2.0 billion in the first quarter of 2024

Deutsche Bank’s target ratios improved compared to the first quarter of 2023.

Andrew Chatterton: Exemplifying Excellence as a Spears “Top Recommended” HNW Wealth Manager

This recognition not only highlights Andrew’s outstanding professional capabilities but also underscores his unwavering commitment to his clients’ financial well-being.

Redmayne Bentley acquiring Blankstone Sington client assets

Leonard Curtis have deemed the most favourable solution for Blankstone Sington clients is for a transfer of their money and assets to a single broker which is also regulated by the FCA.

Quilter first quarter flows demonstrate continued strong business momentum

This reflected improved net inflows and higher equity markets, partially offset by rising bond yields in the quarter which reduced the market value of bond portfolios.

Abrdn gets much-needed £800m boost

The first-quarter net inflow for the asset manager is a significant shift from the £6.2bn outflow it suffered in the corresponding period of 2023.

Swiss fund awards group nominees for 2024

The winners of 12 categories will be announced on 21 May in Zurich.

The six unknowns at the UBS general meeting

Above all, today's Wednesday marks the first regular shareholder meeting since the official takeover of Credit Suisse (CS) last June.

Mirabaud launches five-year fixed-maturity bond fund for rated managers

Designed to be held to maturity in December 2029, the strategy is designed for European investors to get ahead of anticipated rate cuts by locking in higher yields now.

Syz Group with significant increase in profits in a difficult environment

The result represents an increase of 16% compared to 2022 and shows the resilience and robustness of the group.

Wealth and Asset Management