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Assets up but second half profits will be down, says EFG International 23/11/2015
EFG International generated new assets in its business regions, except for the Americas, in the period of July to October. However, underlying net profit will be at a lower level in the second half than in the first.

Walker Crips reports profit boost 19/11/2015
UK wealth management firm Walker Crips has reported a 20 percent year on year increase in gross profits

Investment in business lowers Investec's Wealth & Investment performance 19/11/2015
Investec has reported an operating profit for its Wealth & Investment business of £37.9 million for the six months ended 30 September 2015. This represents a year on year decrease of 0.5 percent.

Assets rise at HNW financial planning and platform group 18/11/2015
IFG Group, the parent company for high net worth financial planning and investment advice firm Saunderson House and retirement wealth planning platform James Hay, has reported a 14 percent increase in assets under advice and administration since the start of 2015.

Julius Baer reports record AUM 10/11/2015
Julius Baer has reported record assets under management

ABN Amro Private Banking sees profits fall 10/11/2015

Standard Chartered sets private banking AUM target 03/11/2015
Standard Chartered has set itself a target of $25 billion growth in assets under management (AUM) for its private banking and wealth management arm by 2018.

HSBC's private banking profit halves 02/11/2015
HSBC’s global private banking business has reported a pre-tax profit of $261 million for the nine months to 30 September 2015. This represents a year on year drop of 52.9 percent.

UK's largest private asset manager reports record inflows 27/10/2015
St James’s Place, the UK largest private asset management firm by assets under management (see thewealthnet 07/09/2015) has recorded record net and gross inflows.

Historic Swiss private bank placed in bankruptcy by regulator 26/10/2015
The Swiss regulator has initiated bankruptcy proceedings against Bank Hottinger & Cie Ltd. The Swiss Financial Market Supervisory Authority (FINMA) said it had taken this step as the historic Swiss bank was “at risk of becoming overly indebted.”

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