Wealth
AlTi Global, the $49 billion RIA that went public via SPAC last year, faces a complex path toward a potential take-private deal. While the firm explores a sale before year-end, the process remains deadlocked as buyers struggle to reconcile the firm's valuation with the extensive protections held by its minority investors.
Wealth
Fortress Investment Group is pushing its private wealth solutions beyond the Americas, tapping industry veterans Yuko Umino and Harry Bush to spearhead expansion into Japan and EMEA. The move signals a strategic bid to capture shifting household savings in regions where cash remains the dominant asset class.
Wealth
Swiss banks shattered financial records in 2025, pushing aggregate net income to 73.8 billion francs while assets under management surged past the 10 trillion mark. Despite this headline growth, the industry faces an uneasy transition as regulators weigh stricter capital mandates for UBS and headcount continues to shrink.
Wealth
Weatherbys Private Bank has relocated its Manchester operations to the historic Sunlight House in Spinningfields, marking a pivotal step in the firm’s ambition to double its total size by 2030. The move signals a broader trend of wealth managers shifting their focus away from London toward regional hubs.
Wealth
EFG International has officially expanded its Swiss footprint with the opening of a central office at Marktgasse 37 in Berne. The Zurich-listed bank aims to capture further market share by deploying a specialized team to serve high-net-worth and ultra-high-net-worth clients across the region, effective immediately.
Wealth
Paris-based BNP Paribas Asset Management has overhauled its leadership structure, naming four new chief investment officers to oversee its global platform. Effective September 1, 2026, the appointees will report directly to Rob Gambi, the firm’s global head of investments, as part of a strategic push to sharpen client focus and innovation.
Wealth
Central bank buying has prompted Schroders to upgrade its outlook on gold, even as the investment house maintains a pro-cyclical stance. Despite concerns over market concentration in artificial intelligence, the firm continues to favor equities, citing resilient global growth and strong corporate earnings as the primary drivers of its strategy.
Wealth
Geneva-based Pictet reported a 12 percent jump in net profit to SFr371 million for the first half of 2026, defying a challenging geopolitical climate. The private bank’s assets under management climbed to an all-time high of SFr810 billion, signaling sustained client confidence despite ongoing market instability.
Wealth
Dubai’s financial hub is strengthening its leadership bench as Karthik Chandrasekaran steps into the role of chief investment officer at Three Comma Capital Advisors. A veteran with over two decades in international banking, he leaves his position at Julius Baer to oversee investment strategy at the DIFC-based asset manager.
Wealth
A record £24.2 billion in capital gains tax liabilities was collected by HM Revenue and Customs in the 2024/2025 tax year, an 89 per cent jump from the previous year. The spike reflects a mass investor sell-off triggered by anticipation of rising tax rates and shrinking annual exemptions.
Wealth
With nearly two decades of experience in sub-investment grade credit markets, Stephen Tapley has been named deputy head of high yield at Mediolanum International Funds Limited. He joins the firm’s 72-member investment team in Dublin to bolster the group’s internal management of high-yield strategies and long-term performance.
Wealth
With Japanese household financial assets swelling to a record $15 trillion, Hong Kong-based FGA Trust is planting a flag in Tokyo. The firm, a licensed trust and corporate services provider, is opening a representative office to capture the growing demand from high-net-worth families and local business owners.
Wealth
With a fresh $22 million in Series A funding, New York-based LinqAlpha is expanding its footprint into the Asia-Pacific market. The firm has unveiled the LinqAlpha AI Lab, a dedicated research entity tasked with establishing benchmarks for AI accountability and reasoning within high-stakes institutional investment workflows.
Wealth
A fresh round of executive appointments has reshaped the landscape for wealth management and financial technology, with Carey Olsen, Avaloq, and Rathbones announcing key talent additions in Bermuda, Zurich, and London to bolster their respective trusts, product strategy, and charity business development divisions.
Wealth
Seventeen years into his career across banking and asset management, Alexander Qaqaya has joined Geneva-based firm Swisseon as a partner and relationship manager. His arrival marks a strategic push for the two-year-old investment office as it looks to sharpen its footprint within the competitive Swiss financial landscape.
Wealth
Aberdeen Investments has unveiled plans to consolidate two of its real estate funds into a single flagship vehicle managing over £700 million, while Weatherbys Private Bank is sharpening its Lombard lending terms, offering a margin of 1.48 per cent above the Bank of England base rate to attract clients.
Wealth
Victory Capital Holdings has unveiled plans to acquire New York-based First Eagle Investments for $7 billion, a move set to forge a diversified global asset management powerhouse overseeing $571 billion in assets. The deal solidifies a major shift in the wealth management landscape while drawing support from European giant Amundi.
Wealth
Three former senior figures at Dolfin Financial (UK) Limited have been banned from the financial services industry for orchestrating a scheme that allowed wealthy clients to bypass UK visa regulations. The regulator found the group helped at least 99 individuals secure residency by falsifying investment requirements between 2016 and 2019.
Wealth
Swiss digital asset infrastructure provider Taurus has opened a direct gateway to Swift’s blockchain-based shared ledger, allowing financial institutions to manage tokenized deposits and cross-border payments. This integration enables banks to leverage existing custody and tokenization systems for 24/7 fund movements without disrupting current settlement arrangements.
Wealth
With over $6 billion in assets under management, Singapore-based Lighthouse Canton is accelerating its global expansion. Prashant Tandon, the firm’s UAE chief executive, frames the current growth trajectory as a deliberate, long-term strategy to provide integrated financial services to cross-border clients navigating increasingly complex regulatory and structural landscapes.
Wealth
HSBC Private Bank has initiated a strategic reshuffle of its senior leadership team, targeting the lucrative Global India, Singapore, and offshore China markets. The appointments aim to consolidate the bank's influence across key wealth hubs as international lenders compete for a larger share of the region’s ultra-high-net-worth families.
Wealth
Paris-based Edmond de Rothschild Asset Management has appointed Alain Krief as global chief investment officer and Charles Lilford as co-head of equities. The strategic management changes, which take effect immediately for Krief and late September for Lilford, arrive as the firm reports five consecutive years of positive global net inflows.
Wealth
A steady influx of global financial institutions and advisory firms into the UAE signals a resilient appetite for wealth management in the Gulf. Despite regional geopolitical volatility, international banks and family offices are deepening their local presence, driven by structural economic reforms and a strategic push to professionalize intergenerational wealth.
Wealth
The UHNW Institute will host its inaugural European conference at the University of Oxford on 24 September, signaling a shift in how wealth advisors approach the lives of ultra-high-net-worth families. The event convenes international experts to address the complex intersection of global assets and family governance.
Wealth
Global wealth management and private banking institutions capitalized on strong market performance and robust client inflows during the first half of 2026, with many reporting record revenues and assets under management. Despite varying regional economic conditions, the sector demonstrated resilience through intensified fee-based activity and strategic consolidation efforts.
Wealth
Global banks and advisory firms are aggressively expanding their footprint in the UAE, signaling a resilient appetite for the Gulf’s wealth management market. Despite regional instability, institutions like Deutsche Bank and Julius Baer are cementing their presence, betting on long-term structural demand for sophisticated financial governance and intergenerational planning.
Wealth
June 2026 was marked by an extensive reshuffling of leadership across the global wealth management sector, with major institutions and boutique firms alike aggressively recruiting senior talent to navigate shifting market demands and regional growth strategies.
Wealth
Liechtenstein-based VP Bank posted a 12.7 percent increase in first-half profit to SFr32.4 million, buoyed by a rise in commission and service income. The result comes as the institution navigates a complex financial landscape, joining regional peers LGT and LLB Group in reporting recent mid-year performance figures.
Wealth
Former Bank of Singapore executive Ranjit Khanna assumes the role of CEO at EFG International’s Dubai Advisory Office starting tomorrow. Bringing three decades of international private banking experience to the Zurich-listed firm, Khanna is tasked with accelerating the bank's growth trajectory across the United Arab Emirates.
Wealth
Amid the growing demand for specialized cross-border financial services, Nice-based Levitt Capital Management has officially opened its first New York office. Located in Rockefeller Center, the expansion provides a dedicated hub for the firm to coordinate with its growing roster of US citizens living and working across Europe.
