Swiss private bank opens wealth office in Saudi Arabia
It will bolster its offering for HNW and UHNW individuals in the ‘key growth market’
Wealth Management
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HSBC to set up global wealth management hub in UAE
As it aims to double assets under management in the next three years
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IFS Qatar loses court fight
Victor says ‘our sector should have no place for the individuals who are currently running IFSQ’
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UK wealth firm sees opportunity in ‘declining’ Qrops market
A lot of advisers in the sector are ‘screaming out for new products’, says CEO
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Private equity firm eyes acquisitions in UK wealth sector
It is looking at companies with assets under management of more than £50m
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UK financial planning firm makes seventh acquisition of 2020
Deal adds around 1,500 clients into the group
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RBC Wealth Management bolsters alternative investment offering
As it partners with US-headquartered fintech firm
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UBS sells Austria wealth operation to private bank
Deal will add around €4bn in assets under management
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Citi opens wealth management hub in Singapore
It wants to hire over 330 relationship managers by 2025
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Ex-JP Morgan PB executives launch wealth platform
It will provide advisory, discretionary, alternatives and ESG investment solutions
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Schroders Personal Wealth to cut roles in business restructure
Workforce reduction is ‘next phase of journey’ as it gains operational independence from Lloyds
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Banking group exits Hong Kong
This includes its asset and wealth management businesses