Swiss bank UBS to shut Mexican brokerage
Swiss banking major UBS is reportedly moving to shut down its brokerage in Mexico, which is considered to be Latin America’s second largest economy. The reason behind the Swiss bank’s…
Company news
BNY Mellon’s Pershing unveils new business unit
BNY Mellon has set up a new business unit within its Pershing business to design…
Goldman Sachs secures approval for full control of China securities JV
Goldman Sachs has received approval from the China Securities Regulatory Commission (CSRC) to fully own its securities joint venture (JV)…
Goldman Sachs Q3 profit surges 60% $5.38bn
Goldman Sachs Group has posted net earnings of $5.38bn for the third quarter of 2021, a surge of more than…
Amundi names new chief for South Asia
French asset manager Amundi has elevated Albert Tse to the position of CEO of South Asian unit. He is currently…
Japan’s Monex to foray into wealth management space
Japanese online brokerage Monex is set to enter the wealth management space to serve increasing client demand. The new services…
BlackRock Q3 profit surges 23%; total AUM rises to $9.5 trillion
BlackRock has reported a net income of $1.68bn for the third quarter of 2021, a surge of more than 23% compared to $1.36bn a year ago. For the quarter ended…
14 Oct 2021
Private Banker International 2021 reader survey is now open!
The PBI 2021 reader survey is now open and ready to hear your thoughts and opinions. Click here to fill in and let the editorial team know your takes. We…
JPMorgan wealth unit records 36% jump in Q3 profit
JP Morgan asset & wealth management (AWM) arm has reported a profit of $1.2bn for the third quarter of 2021, a surge of 36% from $876m a year ago. The…
Apollo Capital partners with Pilgrim Partners Asia to foray into Singapore
Australian crypto asset investment firm Apollo Capital has partnered with fund manager Pilgrim Partners Asia (PPA) to expand into Singapore. As part of the tie-up, PPA will include Apollo’s funds…
PBI Global Wealth Awards 2021 winners announced!
Another year and the competition gets even hotter as Private Banker International is proud to present the winners of the 2021 PBI Global Wealth Awards. The 2021 edition of the…
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