Bordier & Cie jumps onto the crypto bandwagon
Swiss private bank Bordier & Cie is the latest to join the crypto game, through a collaboration with Sygnum. Under…
JPMorgan pulls the plug on Mexico private banking business
JPMorgan Chase is reportedly withdrawing from its private banking operations in Mexico and has entered into an agreement to refer the business to BBVA Mexico. The move to exit Latin…
25 Feb 2021
Standard Life Aberdeen simplifies strategic alliance with Phoenix Group
Standard Life Aberdeen (SLA) is simplifying and extending its strategic partnership with Phoenix Group Holdings, as part of which it will sell its "Standard Life" brand to the latter. In…
24 Feb 2021
UBS mulls sale of wealth management business in Spain
UBS is reportedly weighing a sale of its wealth management arm in Spain as part of the group’s review under new CEO Ralph Hamers. Options for the Spanish unit may…
24 Feb 2021
TrustQuay reveals technology partnership with Centralis
TrustQuay has announced its partnership with Luxembourg-based Centralis, a provider of corporate services to private equity houses, international fund structures, real estate firms and private individuals. The partnership will facilitate…
23 Feb 2021
HSBC ups focus on wealth and Asia; resumes dividend even as profit plunges
HSBC has revealed plans to establish itself as a wealth management leader with focus on high-growth markets in Asia as its full-year pre-tax profit slumps 34%. New strategy highlights: The…
23 Feb 2021
Santander Group aims to be net zero by 2050
Spain-based bank Santander has announced its intention to achieve net zero carbon emissions across the group by 2050. The goal applies to the group's own operations and all client emissions…
22 Feb 2021