223 articles found within the last year.
Displaying results 1 - 20
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UBS Makes 4Q Profit; Wealthy Client Outflows Rise
UBS AG Tuesday reported its first net profit ... UBS, based in Zurich, said it swung to ... The result was bolstered by a CHF480 million ... In its outlook, UBS voiced confidence that measures ... Outflows of funds from wealthy UBS clients mounted ... Besides the U.S. pressure, private banks such as...
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Deutsche Bank seeks to double Asia private wealth revenues
Deutsche Bank’s private wealth management division and its ... Rankin also revealed that the German bank’s Asian...
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Deutsche Bank wealth arm swings to fourth-quarter profit
Deutsche Bank’s asset and wealth management business posted ... Commenting on US President Barack Obama’s plans to...
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Credit Suisse brings in new ETF chief for Europe drive
Credit Suisse has hired a new head of ... Credit Suisse Asset Management has hired Dan Draper ... His hire follows CSAMs expansion of its ETF ... Oliver Schupp, head of beta strategies in asset ... Draper joins from Lyxor Asset Management, a division ... Prior to joining Lyxor, Draper was the director...
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Deutsche Bank Swings to a Profit
Germany's Deutsche Bank AG said Thursday it swung ... Net profit in the three months to Dec. ... The latest quarter included a €554 million tax ... For the full year, net profit was €4.97 ... "We used these good results to bolster our ... The bank's closely watched Tier 1 ratio reached...
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Deutsche Bank hires for Miami private banking office
Deutsche Bank’s private banking arm has declared the ... While Kaplan joins the German lender from SunTrust...
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Credit Suisse steals the UBS crown
Credit Suisse has attracted more new money and ... A report on the wealth management industry published ... Credit Suisse is doing well in several important ... Credit Suisse also tops the league for pre-tax ... Christopher Wheeler, an analyst at MainFirst and one ... Credit Suisse also ranks top of gross margin...
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Deutsche Bank gets EU all-clear for Sal Oppenheim buy
The European Commission on Friday approved Deutsche Bank’s ... The takeover of the Luxembourg-based private bank will...
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Deutsche Bank sees 2011 as turning point for Sal. Oppenheim
Client flows at Sal. Oppenheim are likely to ... De Weck said that the German lender’s own...
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Ex-Deutsche star property trader mulls launching own fund
Justin Kennedy, the former star real-estate securities trader ... Meanwhile, Jon Vaccaro, who powered the German lender’s...
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Ex-bankers launch secondary hedge fund boutique
Two former bankers who served the investment industry ... Florian de Sigy, previously European head of structured ... The firm received regulatory authorisation late last year, ... He added: "This process has left many investors ... De Sigy left Deutsche in December 2008, while...
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Ex-Citi junk bond star launches investment firm
A former head of European high-yield bond syndicate ... Andrew Watkins-Ball, 33, who left Citigroup in the ... MWB, which has its office in London, targets ... It is prepared to take private equity investments ... The new firm is the second venture Watkins-Ball, ... It is not known when he left Capitau....
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Cash-rich investors ‘cherry-pick’ the best assets in equity and debt
Private placements are as much a feature of ... Perhaps the most notable of these was the ... Most recently, Goldman Sachs has been involved in ... However, Goldman Sachs wrested control of the deal ... Goldman, which had an existing relationship with the ... While this is one way of placing shares...
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In Davos, return of the bankers
Bankers' reputations are at an all-time low, but ... Last year, at the height of the financial ... Bank of America sent none of its top ... By one measure, the timing could hardly be ... Worse still, Davos and the bonus season come ... The reconstruction of the Haitian economy will be...
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Bonus day dawns for Goldman Sachs and JP Morgan
JP Morgan and Goldman Sachs will today fire ... Individual bonuses are likely to be more than ... This morning, staff at JP Morgan and Goldman ... The payouts will be made from the bonus ... Staff are usually told in person by their ... Citigroup, Credit Suisse and Morgan Stanley are also...
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Swiss private banks said to eye KBC wealth arm
EFG, Julius Baer and Vontobel are among nearly ... The French daily, citing unidentified sources, claimed that...
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Top Asia wealth executive quits Deutsche Bank
Nikhil Kapadia, managing director and chief executive of ... It is believed that Kapadia will launch Avendus’...
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UBS stages hiring coup, poaches top private banker
UBS has hired Vinay Gandhi from JP Morgan ... Gandhi was poached by UBS after less than ... The hire is UBS' sixth appointment in three ... Based in Singapore, Gandhi will be responsible for...
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Quilter hires from Deutsche Bank's wealth unit
Quilter, the boutique investment manager which last year ... Richard Sneideris will report to David Rothburn, head ... At Deutsche Bank he managed private client funds...
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Exchange-traded market may reach $1.4 trillion
Exchange-traded funds and related products could grow to ... Three quarters of assets held in these products ... The industry accounted for $1.1 trillion of assets ... Deutsche Bank's figures imply that, given bullish equities ... The report said: "As the global recovery picks...
