Wealth Management
UBS WM reports Asia income growth
UBS Wealth Management, part of Swiss bank UBS, said income from its Asian operations rose in 2015 while other regions were down.
EFG opens onshore business in Chile
Swiss private banking group EFG International was granted regulatory approval this week to open an onshore business in Santiago, Chile.
SocGen buys Kleinwort Benson to create WM behemoth
Societe Generale has agreed to buy Kleinwort Benson’s UK and Channel Islands wealth management businesses for an undisclosed sum.
Vestra to be majority owned by Switzerland’s LGT
Vestra Wealth is to become majority owned by Swiss wealth manager LGT after it struck a deal to acquire shares in the business from Vestra’s external investors.
Harwood Wealth announces IPO, targets AIM listing
Harwood Wealth Group, a UK-based discretionary wealth manager, said on Friday it plans to launch an initial public offering and list on the AIM market of the London Stock Exchange.