Performance dips among family offices
The average performance of family offices was particularly weak in 2015. However, this is reflective of a challenging year for…
ByMonth: September 2016
IBM to snap up Promontory Financial Group
Technology giant IBM has agreed to acquire Promontory Financial Group, a Washington-based risk management and regulatory compliance consulting firm, for…
ByCanadian investors expect more returns that advisors find realistic: Natixis study
Advisors find it increasingly harder to satisfy clients Canada, with investors expecting returns that are almost twice more than advisors…
ByDeutsche Bank launches digital factory in Frankfurt
Deutsche Bank has opened its digital factory in Frankfurt to discover and evaluate new ideas, and translate these ideas into…
ByCommerzbank to shed 9,600 jobs; suspend dividend
German lender Commerzbank has announced plans to axe 9,600 jobs, suspend dividend payments, and shrink securities trading in order to…
ByBlackRock taps Artivest to expand investor access to alternative investments
BlackRock has partnered with fintech firm Artivest to provide qualified investors broader distribution and better access to its alternative investment…
ByFCA proposes new accountability rules for senior managers
The UKs Financial Conduct Authority (FCA) has proposed a series of measures to strengthen the senior managers and certification regime…
ByNorthern Trust bolsters Global Family & Private Investment Offices team in London
Northern Trust has strengthened its Global Family & Private Investment Offices team in London by hiring Vignesh Vijayakumar and Yovan…
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