JPMorgan Chase & Co. is growing its new wealth management office in Baltimore, in a push to expand its presence in the market and open its first local bank branches. The wealth management office, part of JPMorgan’s private bank and not a Chase bank branch, opened its doors in June and is part of the…
The Swiss private bank, which marks its 200th anniversary next year, continues to make appointments. Hot on the heels of a number of high-level appointments, Geneva-based Mirabaud has added to its Basel private banking team, hiring Robert Lussi as manager of the branch in the city, and three new employees. The Basel branch was moved…
International Bank of Qatar (IBQ) was named ‘Best Private Bank in Qatar’ by Global Finance’s fourth annual ‘World’s Best Private Banks Awards’. The award yet again recognises IBQ’s excellence in private banking and wealth management and its commitment to developing long-lasting privileged relationships with its clients. The winners are those banks that best-serve the specialised…
Nov 7 (Reuters) – UBS UBS has poached Wendy Liu from Nomura for the newly created role of head of China strategy, Refinitiv IFR reported J.P. MORGAN PRIVATE BANK J.P. Morgan Private Bank named Alex Wolf as head of its client investment strategy in Asia. HSBC HSBC has hired five analysts in London as part…
Credit Suisse Q3 results, released on Thursday, showed record assets under management in its wealth management division of CHF 785 billion, an increase of 4% on last year. These results follow third quarter inflows of Net New Assets (NNA) with NNA for Wealth Management and Asset Management totalling CHF 14.8 billion for the quarter, up 29%…
NEW YORK, N.Y. – Oct. 25, 2018–Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, and UBS (NYSE:UBS), the world’s largest wealth manager, today announced an innovative strategic partnership where UBS Wealth Management USA will be the anchor client on Broadridge’s new wealth management industry platform. The Broadridge Wealth Platform is a next-generation open platform that will…
The 222-year-old, Swiss bank was recently awarded a category one licence from the Financial Sector Conduct Authority 25 OCTOBER 2018 – 18:41 WARREN THOMPSONSwitzerland-based private bank Lombard Odier is expanding its services to the South African market, targeting clients looking to diversify their portfolios offshore. The 222 year old bank will provide advisory and related…
The global trust and administration firm Maitland has announced it is launching a multi-family office to service high net worth families, individuals and entrepreneurs in South Africa. In setting up the offering, Maitland acquired Talaria, a Johannesburg-based fiduciary business set up by Cheryl Howard. Howard will now lead the fiduciary team at Maitland’s family office.…
Swiss bank Reyl & Cie has announced it will purchase the Luxembourg private banking arm of family-owned Swedish financial group Öhman. Reyl will acquire all of the outstanding share capital of Öhman Bank Luxembourg, which was established in 2006. A spokesman at Reyl said all the staff at Öhman would be transferred. The deal marks…
The Swiss private bank says there’s clear evidence of wealth creation and growth in the region Julius Baer, one of the top global private banks with more 400 billion Swiss francs ($404.8bn) of assets under management, is eyeing acquisitions in the broader Middle East and Africa region as part of its global growth strategy. “We…
