- The European Banking News Network -Wealth, private banking and asset management news and opinion

Swiss wealth manager looks at London as Brexit looms

UBP set to acquire ACPI as Geneva worries over UK’s attraction for ultra-wealthy

SGG Group completes acquisition

A comprehensive review of the newly combined Group’s brands is currently underway and until this review is completed all businesses will continue to operate under their existing brand names.

Utmost Wealth to expand worldwide with acquisition

The acquisition is conditional on, inter alia, regulatory and competition authority approvals and is expected to complete by Q1 2019.

Global uncertainty outweighs Brexit for wealthy

A 46% increase in investor visas last year strongly suggests that Brexit has not put the wealthy off moving to the UK.

Arbuthnot Banking's first-half profit rises, to set up secured lending business

In line with our diversification strategy we have also reached an agreement with an incoming management team to establish a new lending division that will be named Arbuthnot Specialist Lending,” Chairman Henry Angest said.

What wealth managers can do to get Brexit-ready

Most boardrooms and executive management teams acknowledge that it’s the biggest challenge in what could be the largest ever upheaval of the UK’s financial markets.

Investment management group halves gold exposure in its fund range

The gold trade, which we initiated at the end of 2015, has served portfolios well, especially as we moved through a period where markets have been driven more by liquidity than fundamentals.

Standard Life Aberdeen backs £17.5m Saranac fundraise

There two new groups joining the shareholder list, the Noé Family and US based structured credit firm Zais Group.

WH Ireland joins Research Tree’s growing platform

"...we see Research Tree as a great way to help us in maximising the distribution of our research offering"

Pub Club with Andrew Davies, LGT Vestra

Davies last met us in 2016 not long after the office had opened and he had made the move from Barclays Wealth & Investment.

GAM expects increase in pre-tax profits

All the aforementioned figures for the first half of 2018 are estimates and the final results will be released on 31 July 2018.

Sector organisations hope to raise extra £2bn from wealthy people

The Charities Aid Foundation and 70 wealthy people have agreed to collaborate in the as yet unnamed venture

Liontrust reports net inflows of £320m in Q2

‘The quality of our fund management teams is a key differentiator for Liontrust and means the Company is well positioned to continue to grow.’

UBP expands its euro fixed-income offering

The fund is currently available to investors in Austria, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Sweden, Switzerland, and the United Kingdom.

Berenberg wins first FTSE 100 broking client

Germany's oldest bank that is trying to win more work with the UK's largest companies

Harwood Wealth takes advantage of consolidation

The spree included four independent financial advisers, while non-binding terms were agreed with a further 18 companies.

Ireland is new favourite for wealthy Chinese emigrants

The findings in the report, carried out by Hurun in association with immigration legal services provider Visas Consulting Group, are based on a survey of 224 Chinese high net worth individuals.

STEP renews MPI contract

The new system will be rolled out from September 2018.

Old Mutual Wealth buys £100m Carlisle IFA

The new advisers 'bring high-quality expertise

Jupiter unveils absolute return fund in Merlin multi-manager range

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Wealth and Asset Management