The group has created independent wealth management units for Western Europe, Eastern Europe and the Middle East. This will come with 500 layoffs among the 23,000 worldwide wealth management employees.
Asset News provides a glimpse of the Slovak asset management industry’s latest developments and challenges.
The €1.2bn acquisition of Finance Tower is the second-largest European deal in recent years.
They invest money for their clients but how do Swedish asset managers handle their personal savings? Asset News gets a glimpse into these strategies.
Brazilian investment bank BTG Pactual has opened an office in Portugal to serve European wealthy.
US financial group JPMorgan Chase & Co has unveiled the planned acquisition of a second building in the French capital to boost European market activities.
The Swiss asset manager is likely to report a full-year 2019 IFRS net result of approximately CHF 0m.
The US asset management giant has boarded historic high net inflows of $429bn over 2019.