Abu Dhabi Islamic Bank appoints new head of private banking
Abu Dhabi Islamic Bank (ADIB) has announced the appointment of Amer Alameri as the new head of private banking. Alameri’s appointment is…
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Credit Suisse’s litigation provisions to impact Q4 results
Credit Suisse Group has said that its profits for the Q4 of 2021 will be negatively impacted by litigation provisions. The Swiss…
JPMorgan merges major EU units under one entity
US banking giant JPMorgan is consolidating most of its European Union businesses into one legal German entity, known as JP Morgan SE…
Independent Wealth Planners names new group CEO
UK-based financial advisory firm Independent Wealth Planners (IWP) has picked Rob Allen as its new group CEO, replacing David Inglesfield. Inglesfield will…
Decisive expands Swiss presence with Artorius Wealth deal
Geneva-based wealth adviser Decisive Capital Management has taken over the Swiss business of Artorius Wealth Switzerland in Zurich for an undisclosed sum. The…
Goldman Sachs’ Sarsfield to co-lead its asset management arm
Goldman Sachs Group is set to promote Luke Sarsfield to co-head its asset management business, Bloomberg reported citing people familiar with the…
UBP assets under management grow on strong inflows
Swiss private bank Union Bancaire Privée (UBP) has reported a rise in assets under management, benefitting from inflows of $6.2bn (CHF5.7bn)…
Northern Trust profit surges 69% in fourth quarter
Northern Trust has posted a net income of $406.4m, or $1.91 a share in Q4 2021, a 69% growth from…