All articles by Satarupa Bhowmik
Satarupa Bhowmik
Julius Baer profit slumps in 2025 over credit losses
Assets under management rose 5% to SFr521bn, supported by SFr 14.4bn in net new money.
Deutsche Bank profit soars on gains across all businesses
The Private Bank division posted 2025 net revenues of €9.7bn, up 3% year on year.
Syz Bank appoints new CEO
Philippe Turrian will take over as sole head of wealth management, having previously shared responsibility for the division.
Azimut to take majority stake in Brazilian wealth manager Unifinance
Azimut described Unifinance as having a “strong” position in wealth management for the ultra-high-net-worth (UHNW) category.
BTA Finance selects Avaloq to enhance wealth management operations
BTA Finance will implement the cloud-based Avaloq platform to enhance its core wealth infrastructure and digital banking channels.
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Barclays strengthens UK PBWM divisions with two senior appointments
Sid Azad will lead Mass Affluent and Growth, while Nick May will serve as head of Crown Dependencies.
Bernstein expands wealth management team with new hires
Kadet and Bolding will lead teams of wealth advisors focused on high-net-worth and ultrahigh-net-worth clients.
Bajaj Broking launches Privé for ultra-high net worth individuals
This initiative aims to establish a platform for affluent investors, providing various investment options such as portfolio management services.
JTC dismisses Permira’s takeover offers
A report from Bloomberg indicated that the offers would have valued JTC at approximately £2bn.
Former Credit Suisse executives reach settlement in risk management lawsuit
The suit accused them of inadequate risk management practices that led to financial losses during the years 2020 and 2021.