Zurich-based EFG sells UK wealth management business Harris Allday to rival Canaccord
Harris Allday provides wealth management services primarily to affluent clients in the Midlands region of the United Kingdom...
Category : Wealth Management
Norway wealth fund posts record USD 184 billion profit as CEO warns of risks
Investing in the Norwegian state's revenues from oil and gas production, the fund currently owns on average 1.5% of all listed companies globally...
HSBC’s Asia strategy boosts H1 profit on strong wealth management growth
HSBC posted a pretax profit of USD 19.5 billion for the first six months of 2026, up 23% from USD 15.8 billion seen in H1 2025...
Alliance of Wellington, Vanguard, Blackstone launches funds targeting wealthy investors
The new closed-end funds will be available at launch to Merrill and Bank of America Private Bank clients, the alliance informed...
Eyeing consolidation in Spain, ING to acquire 40% of wealth manager Singular Bank
ING will acquire the stake from American private equity firm Warburg Pincus, which currently owns 93% of Singular Bank...
Ares, Apollo, Morgan Stanley curb withdrawals again, rattling private credit
Investors sought to pull 14.4% of shares from the USD 22.6 billion Ares Strategic Income Fund (ASIF) in the Q2, up from 11.6% in Q1...
Singapore to remain one of APAC’s wealth management’s bright spots, says report
The Asian city-state has sought to attract wealth managers, banks, and family offices as important parts of their economies...
Consolidation in Switzerland’s wealth management space as Temenos acquires Additiv
With an extensive global client base in the wealth space, Temenos will benefit from Additiv's AI-enabled orchestration layer...
Richest families trim portfolio exposure to dollar, finds UBS
UBS' "Global Family Office Report 2026" saw about two-thirds of family offices predicting weakening confidence in the dollar as the reserve currency...
UBS relocates senior executives to boost Middle East wealth business
UBS' leadership moves follow recent high-profile departures of senior Gulf bankers, including some hired not more than two years ago...