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…
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…
As announced in January 2018, the transaction covers the acquisition of part of Nordea Bank’s business and its integration onto UBS’ platform, thereby providing clients access to its global offering and local expertise. The decision followed a thorough strategic review of Nordea’s Private Banking International activities. The strategic review was part of the transformation of…
Lloyds Banking Group is planning to merge its £13bn wealth management unit into a joint venture (JV) with investment firm Schroders. The successful Lloyds and Schroders wealth tie-up, would create one of the biggest wealth management JVs in the recent years. The proposed tie-up was confirmed by Schroders in a statement. “Schroders confirms that…
Investment advisory firm Crossbridge Capital has launched a premium wealth management service in Singapore called CONNECT Prime. Available to clients at a minimum investment of S$500,000 ($3,75,333), CONNECT Prime offers a range of investment options. The service features an intuitive digital interface to offer investors portfolio reports and real-time portfolio access. It also offers access…
