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.