03/31/2016
EFG International AG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, said the cost of integrating BSI will be about 253 million Swiss francs ($263 million).
03/31/2016
The partnership with Castlegate Financial Management opens BMAM’s resource pool to Castlegate’s 80-plus investment team.
03/30/2016
The regulatory hosting support provides conformity functions for companies which are starting out, permitting them to gain authorisation beneath the Thornbridge umbrella.
03/30/2016
Currency complications
03/30/2016
A crucial ingredient for firms wanting to meet this objective is the means to build scalability into their business models.
03/29/2016
Old Mutual has not decided how the business will be separated, although the wealth business has already attracted the attention of the private equity firms Cinven and Warburg Pincus.
03/29/2016
The purchase was made for an undisclosed sum and remains subject to regulatory approval.
03/29/2016
To manage bigger assets, Han almost doubled the number of employees to 47 from 25 in just one year and created seven more teams including alternative investment division and research.
03/29/2016
Has raised £13.5 million on the AIM market fund acquisitions.
03/29/2016
New three-year fixed rates start from 2.59% to 60% LTV, 2.89% to 75% LTV, 3.29% to 85% LTV.
03/28/2016
As anyone who has invested money knows, Ariadne’s feeling that she was foolish to risk it all is a common one.
03/28/2016
The industry still has much work to do to fulfil its potential, says Sophia Grene
03/28/2016
But while these three examples highlight that M&A is still a viable strategy for larger wealth firms, our Deal Tracker assessment indicates that consolidation has gained most momentum among smaller institutions.
03/28/2016
Investors have intensified their focus on auditor independence in the aftermath of the financial crisis. Questions were raised about why the big four accounting firms
03/28/2016
Michael Geoghegan’s stance is at odds with what the bank has been pushing for
03/28/2016
The Sunday Times reported yesterday that some of America’s biggest buyout funds were preparing bids for Old Mutual’s £4.5 billion wealth management arm.
03/24/2016
That wealth manager, who can't be named under Swiss law, now faces up to 10 years in jail for fraud
03/23/2016
Strategic partnerships have been signed with Marlborough, Smith & Williamson, Copia Capital Management, MitonOptimal and Tavistock Investments
03/23/2016
The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience.
03/23/2016
A public offering is likely should the business, which includes fund arm Old Mutual Global Investors, discretionary manager Quilter Cheviot and adviser network Intrinsic, not attract an individual buyer.