Swiss private bank UBP boosts net new assets in first half Swiss private bank Union Bancaire Privee booked 3.7 billion Swiss francs (£3.11 billion) of net new assets in the first six months of the year, mainly from private clients, it said on Friday. “The inflows offset most of the decline in assets under management…
The pandemic has sparked dramatic changes in the wealth management industry. As markets plummet and liquidity dries up even the most sophisticated investor can be shaken. That’s when they will call upon a trusted adviser, whether to seek short-term tactical advice or simply to be reassured that their diversified portfolio is well-positioned for long-term growth.…
Julius Baer has been named the winner for the Outstanding Technology Implementation – Front End award at the Global Private Banking Innovation Awards 2020. This marks the 3rd accolade for the Swiss Private Bank’s digital advisory suite, known as DiAS, within six months. Hosted jointly by The Digital Banker and Global Private Banker, the Global Private Banking Innovation Awards-…
Just weeks into the coronavirus pandemic, unemployment claims soared past 30 million. Understandably, the focus is on those who are now jobless, whose job prospects and long-term security are suddenly unclear. What’s often overlooked in the economic reckoning, though, are the employees whose jobs were spared. While some may feel lucky to still be employed,…
A rebound in infections in Hong Kong and Singapore confirms that the epidemic is far from over in Asia. finews.asia speaks exclusively to Credit Suisse’s Francois Monnet on facing the pandemic. Francois Monnet, few, if any, CEOs could have planned for the disruption to business that has been caused by Covid-19. What is your read of the…
CEOs work from home just like you and me: they work from the kitchen table, listen to «The Who» on coffee breaks, and enjoy take-out pizza sometimes. finews asked around. Thomas Gottstein, Credit Suisse CEO: «The phone is my most important work tool now. I’m talking to our employees, clients, and political representatives as well as other…
Coronavirus is spurring remote hiring. Here’s how to nail your job interview from afar. As the coronavirus pandemic continues to grip economies across the globe, few industries have been left untouched by the fallout, and that’s having huge implications not only for the workforce but also the recruitment process. Some companies have moved to freeze…
HSBC Private Banking has recently joined The WealthiHer Network Asia – an organisation founded to make the financial industry more female focused – as a move to advance the bank’s initiative to promote gender diversity in the financial services sector, empower female entrepreneurs and drive the economic advancement of women across the region. The WealthiHer…
HSBC has announced the launch of a new global business, combining retail banking and wealth management and global private banking. Recruitment for wealth teams across Hong Kong, Singapore and mainland China is on track. HSBC’s new unit will become one of the world’s largest global wealth managers with $.4 trillion in assets, with nearly half of…
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said. The U.S. bank will target high net worth individuals through its asset management unit, the person said, asking not to be identified because the plans are private. It has already started hiring private…
