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Wealth and Asset Management

07/17/2019

Coutts veterans launch Mayfair wealth boutique

Samik Mukherjee and David McLellan, who spent 28 years as private bankers for Coutts, have launched Keystone Capital.

07/17/2019

Arbuthnot profits surge 24%, but loans slump on pricing war

Arbuthnot Latham & Co’s pre-tax profit surged by 24% in the first half of the year, but new written loan volumes slumped by a third as market competition intensified.

07/17/2019

Maitland Luxembourg head receives prestigious Grand Duchy award

The Minister of Finance, on behalf of the Luxembourg Grand Duke, presented the award to John at a private awards ceremony for services to the Luxembourg financial industry over the past 25 years.

07/16/2019

Charles Stanley and Brewin partner with newly formed DFM

It will operate two model portfolio ranges with a mix of passive and active approaches

07/16/2019

GAM: Update on ARBF Liquidation

GAM’s priority throughout the liquidation process has been to maximise liquidity and value for its clients

07/16/2019

Isle of Man-based corporate services provider joins SMP Group

A well-respected service provider on the Isle of Man, delivering corporate, tax, and accounting services to a broad range of clients.

07/16/2019

HSBC Malta launches €250m International Business Fund

HSBC’s global reach and expertise help approximately 1.5 million business customers

07/16/2019

Sesame adds Investec Private Bank to panel

The private bank specialises in mortgages for high net worth individuals

07/16/2019

VP Bank increases first-half earnings

These are unaudited figures pursuant to provisional calculations

07/16/2019

2017 to 2019: How 50 Cities Scored on Supporting Women Entrepreneurs Then to Now

Building on annual research since 2010, Dell Technologies ranks cities based on the impact of local policies, programs and characteristics in addition to national laws and customs to help improve support for women entrepreneurs and the overall economy.

07/15/2019

Rothschild & Co named the World’s Best Independent Investment Bank

The Best Independent Investment Bank award recognises the strength of Global Advisory's achievements in the last 12 months worldwide.

07/15/2019

J. Safra Sarasin Group completes the acquisition of Lombard Odier’s Private Banking Business in Gibraltar

The attractive client base and their experienced relationship managers are an excellent fit with J. Safra Sarasin’s private banking business and its comprehensive offering of investment services and trading capabilities.

07/15/2019

Santander brews up first UK 'work café' for small businesses

It has since grown to a 50-strong chain of work cafés, spanning Spain, Portugal, Brazil and Argentina.

07/14/2019

ABN AMRO cuts funding for new rough purchase; sends letter stating the same to the diamond trade

Stating continued lack of profitability as a reason, ABN AMRO sent a letter to the industry stating that it will withdraw support for new drawings under current rough purchase sub-limit

07/14/2019

Deutsche Bank’s sprawling art collection left untouched despite cost-cutting drive

City staff who lost their jobs last Monday would have walked out of a reception decorated with a piece of stainless steel art by Anish Kapoor (ironically titled Turning the World Upside Down) as well as one of Damian Hirst’s renowned “spot pai

07/12/2019

Schroders Personal Wealth to launch exclusive multi-asset range for clients

The funds are run on an open architecture basis and are manager of managers strategies

07/11/2019

'Nouveau riche' present key opportunity for wealth managers

Total global wealth is set for solid growth over the coming years, particularly China and India. New analysis from Boston Consulting Group has explored various options for wealth managers to increase their customer base.

07/11/2019

Edmond de Rothschild acquires 34% of quant asset manager

With a research and management team of around 10 experts, Eraam specialises in seeking absolute performance through factor management using a proprietary, disciplined and transparent approach.

07/10/2019

GAM Holding AG provides an update on first-half 2019 results

GAM confirms that it is on track to sell the remaining ARBF assets on or before 15 July 2019 and will update the market upon completion.

07/10/2019

IQ-EQ’s leisure business FNTC acquires VOTA to expand services in United States

FNTC and FNTC America Ltd are both wholly owned subsidiaries of IQ-EQ, a leading investor services group that supports fund managers, global companies, family offices and private clients operating worldwide.

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