All articles by Verdict Staff
Verdict Staff
Societe Generale names new wealth management solutions head
Societe Generale Private Banking (SGPB) has hired Olivier Paccalin as new head of wealth management solutions, replacing Bruno Lebre.
BNP Paribass wealth and asset management arm reports 23% rise in pre-tax income
BNP Paribas’ wealth & asset management arm has registered a pre-tax income of EUR195m for the third quarter of 2015, a rise of 23% compared to EUR158m in the corresponding quarter of 2014.
London, Hong Kong at high risk of property bubble: UBS
UBS Wealth Management has launched Global Real Estate Bubble Index to track the risk of housing bubbles in global financial centers.
Mitsubishi UFJ Financial launches Islamic finance business in Dubai
Mitsubishi UFJ Financial Groups banking arm, the Bank of Tokyo-Mitsubishi UFJ (BTMU) has launched its Islamic finance business in Dubai to tap vast pools of liquidity in southeast Asia and the Gulf.
BIL names new wealth management head
Banque Internationale à Luxembourg (BIL) has hired Hans-Peter Borgh as new head of wealth management to develop its private banking activities in Luxembourg, replacing Adrian Leuenberger.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Assets of Asian HNWIs could grow to $14.5 trillion by 2020: Julius Baer report
The pool of investable assets held by Asian high-net-worth individuals (HNWIs) could reach $14.5 trillion by 2020, or a growth of 160% in the current decade, according to a report published by Swiss banking group Julius Baer.
Kleinwort Benson Investors opens new office in Boston
Kleinwort Benson Investors, a Dublin-based institutional asset manager, has expanded its footprint in North America by opening its third US office in Boston, Massachusetts.
Vontobels Q3 client assets reach CHF142bn
Swiss asset and wealth manager Vontobel Holding has reported that its advised client assets reached CHF142bn for the third quarter ended 30 September 2015, exceeding the level at end-2014 and in line with mid-2015.
Standard Life’s year-to-date AUA reaches £301.9bn
Standard Life Investments assets under administration (AUA) for nine months ended 30 September 2015 increased by 2% to £301.9bn in volatile markets from £296.6bn a year ago.
Deutsche AWM pre-tax income falls 25% in Q3
Deutsche Asset & Wealth Management (Deutsche AWM) has reported third quarter income before income taxes of EUR263m, down 25% compared to EUR287m in the corresponding quarter of last year.