De financiële sector heeft gisteren formeel haar betrokkenheid bij het Klimaatakkoord ondertekend. Vertegenwoordigers van banken, verzekeraars, pensioenfondsen en vermogensbeheerders zetten in perscentrum Nieuwspoort in Den Haag hun handtekening. Dat commitment uit zich enerzijds in het financieren van de energietransitie en anderzijds in het meten van de CO2-afdruk van hun investeringen en beleggingen. In 2030 een…
Tijdens de prestigieuze Privaty Equity Awards in Londen heeft ABN AMRO een prijs in de wacht gesleept voor beste ‘asset-based lender’. Het was voor ABN AMRO het tweede jaar op rij. In totaal werden prijzen verdeeld over iets meer dan 25 categorieën. De eerste editie van de Private Equity Awards startte in 2002, wat de…
De Zwitserse vermogensbeheerder Julius Bär start met het aanbieden van diensten op het gebied van digitale assets, zoals cryptocurrency. Dat doet het naar eigen zeggen op basis van een groeiende vraag onder bestaande klanten. Julius Bär werkt hiervoor samen met Seba Crypto, een eveneens Zwitserse startup waar de vermogensbeheerder een minderheidsaandeel in heeft. De markt…
UBS Board of Directors has nominated Jeanette Wong and William C. Dudley for election to the board of UBS Group AG at the Annual General Meeting of shareholders on 2 May 2019. Wong was group executive responsible for the Institutional Banking business at the Singapore-based DBS Group, until March 2019. Previously, she served as chief…
Swiss private banking group Julius Baer is looking to tap the wealthy in Russia directly by setting up a local unit, Bloomberg has reported. The bank has till now been catering to its Russian clients from its Swiss office. It has been operating in Russia since 2008 through a representative office in Moscow. By opening…
Structural inequalities have resulted in gender wealth gaps according to a report published by Oxfam in January 2019. However, the recent societal push towards closing gender gaps bodes well for wealth managers in search of new clients in this competitive climate, according to GlobalData. According to Oxfam’s Public Good or Private Wealth? report, solutions to gender…
Bangladesh Bank, the central banking authority of the country, has approved the licences of three new private commercial banks. The board of the central bank has issued a Letter of Intent (LoI) to award licenses to Bengal Bank, People’s Bank, and Citizen Bank. Bangladesh bank licensing: With the new licensing, the number of scheduled lenders…
Swiss private bank Lombard Odier is expanding its footprint in the UAE by setting up an office in Abu Dhabi. The new branch will be located within the Abu Dhabi Global Market (ADGM), an international financial centre. Through the new office, the bank will offer clients in Abu Dhabi international investment services as well as…
Barclays has been given the green light to transfer £160bn of assets to its Irish business as the bank “cannot wait any longer” to implement its no-deal Brexit strategy amid ongoing political uncertainty. A High Court judgement revealed that the bank is pushing forward with its Brexit contingency plan to transfer all of its European…
MEXICO CITY — JP Morgan Chase & Co’s private bank is expanding in Mexico and elsewhere in Latin America, the unit’s regional CEO said on Wednesday, as wealth creation and political changes bolster the sector’s prospects. The bank plans to increase the number of its frontline private bankers in Latin America by 15 percent, the…
