All articles by Patrick Brusnahan

Patrick Brusnahan

Editor of Private Banker International.

NatWest Private Banking sees profit increase in H1 2023

NatWest Private Banking recorded operating profit of £234m ($300m) in H1 2023, 25.1% up from the £187m in H1 2022.

The outlook for the eurozone economy deteriorates whilst the ECB continues hiking

The European Central Bank (ECB) delivered on its interest rate hike promise at its July meeting, taking the deposit rate to 3.75% from 3.5%, in line with our expectations.

Open for business: open banking for corporates and SMEs

The success of open banking is pivoted on the tangible business value delivered to end-customers whether they are retail consumers or small to medium enterprises (SMEs) or larger corporates.

Julius Baer reports increase in profit in H1 2023

IFRS net profit for Julius Baer grew 18% year-on-year in H1 2023 to hit CHF532m ($615m).

Stonehage Fleming makes series of promotions

International multi-family office Stonehage Fleming has made a number of promotions in its London office.

JTC boosts European team with Switzerland hire

JTC has bolstered its European Private Client Services (PCS) team by appointing Helena Storiohann as a director in its Geneva office.

Filings signal: China Shenhua Energy the main winner of Q2 2023

China Shenhua Energy was the winner of Q2 2023 according to GlobalData in terms of filings in financial services.

Patents signal: China and US lead patents over the last three years

Perhaps unsurprisingly, China and the US have lead the way for patents in recent history.

Jobs signal: more jobs posted in June 2023 than May, but less seniority needed

June 2023 saw a large number of jobs posted in financial services, but are companies looking for quality or quantity in their hiring?

JPMorgan asset and wealth management up nearly a quarter in Q2 2023

Net income for JPMorgan in wealth and asset management totalled $1.2bn in Q2 2023, 22% up from Q2 2022.