Europe
Deutsche Bank strategy targets wealth management
Deutsche Bank plans to accelerate growth in its asset and wealth management division and boost investment in technology as part of a major overhaul of its business strategy to bolster financial strength.
Swiss compliance service launched for asset managers
A service to help Swiss asset management firms comply with new rules introduced by the Swiss Financial Market Supervisory Authority has been launched.
Unicredit and Santander to merge AM units
Italy’s UniCredit and Banco Santander of Spain have agreed to merge their asset management units in a deal which will create one of Europe’s biggest fund groups.
European Equity Markets Outperform In 2015
The difference in performance between American and European equity markets has been truly divergent over 2015. 2014 was the year that American Equity markets markedly outperformed their European counterparts, but so far in 2015, it’s been all about Europe.
Credit Suisse gets Q1 boost from wealth management
A strong performance from its wealth management division has helped Swiss banking giant Credit Suisse post a 23% rise in first quarter profits.