Kleinwort Benson Wealth Management halves operating losses 28/08/2015 The combination of a diverse source of income coupled with cost control helped London-based Kleinwort Benson Wealth Management (KBWM) reduce operating losses substantially during the first quarter of 2015, despite another reduction in client assets under control and management.
Pictet Group reports increased first half profit 28/08/2015 Geneva-based private bank and asset manager firm Pictet Group has seen an increase in operating income and consolidated profit for the first half of 2015, compared to the same period last year, in unaudited figures.
Valartis Group posts a half year loss 26/08/2015 Valartis Group has reported a loss of CHF 21.4 million for the first half of 2105. This compares with a loss of CHF 20.7 million for the first half of 2014.
Palamon Capital Partners and Credit Suisse seal liquidity transaction 26/08/2015 Palamon Capital Partners, a pan-European growth investor, completed a funding transaction where five top-tier investors purchased stakes in Palamon funds from existing limited partners, committing capital to a new vehicle investing alongside Palamon Auxiliary Partnership 2013
Tavistock Investments in period of 'construction' 25/08/2015 Tavistock Investments sees total revenues of £5 million with a post-tax loss of £864,000 from the 15 months ending 31 March 2015, in a time period described as 'one of construction', the firm said.