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

Coutts in Conversation: A Good Start to the Year for Investors

Our investment experts shared their current, positive market outlook and explained why they’re shifting from UK to global stocks at a recent client event.

Jupiter to keep £500m of flagship fund after manager’s exit

The fund sits in Jupiter’s Merlin range, which operates at a degree of separation from the wider group.

Private bank PKB doubles profits thanks to new strategy

PKB Private Bank made a profit of 16.8 million francs in the 2023 financial year .

Deutsche Bank provides information about the legal dispute over the Postbank takeover

While Deutsche Bank continues to strongly disagree with such an assessment, the court's comments influence the bank's assessment of the likelihood of a future payment.

Market concentration and return dispersion at a turning point

The dispersion in performance between the Magnificent Seven and the rest of the market has been very significant, underscoring the transformative power of AI in reshaping industries and market expectations.

Macquarie Asset Management finances upgrade and expansion of three Midlands hospitals

The projects will help enhance the accessibility and quality of facilities for each hospital’s patients, visitors, and staff.

Pollen Street Capital acquisition of Mattioli Woods approved by over 95% of shareholders

The acquisition of Mattioli Woods by Pollen Street Capital was approved by over 95% of shareholders who voted.

Wealth manager Q&A with Caroline Kitidis: Tech it or leave it

Global head of ultra-high net worth at HSBC Global Private Banking, on the importance of remaining open-minded and willing to embrace.

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.

Wealth and Asset Management