All articles by Patrick Brusnahan
Patrick Brusnahan
Editor of Private Banker International.
Mercer Advisors snaps up Private Asset Management
RIA Mercer Global Advisors has acquired Private Asset Management (PAM).
Standard Chartered and Ant Group partner to promote global sustainable development
Standard Chartered and Ant Group have agreed to boost their partnership in driving green and inclusive finance, global fund management, and sustainable development.
Pinnacle Private Wealth Advisors launches
LPL Financial has announced that advisers Matt Tabler, Mark Eberle and Mark Allison have joined the firm to launch a new independent practice, Pinnacle Private Wealth Advisors.
Standard Chartered beats expectations in H1 2023 and sets $1bn share buyback
Standard Chartered Wealth Management recorded operating income of $1,006m in H1 2023, a 5% rise year-on-year.
BNP Paribas Wealth Management sees revenue rises in H1 2023
BNP Paribas Wealth Management recorded an 8.6% rise in revenue in H1 2023 year-on-year, and a 6.6% rise in Q2 2023 compared the same period in 2022.
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NatWest Private Banking sees profit increase in H1 2023
NatWest Private Banking recorded operating profit of £234m ($300m) in H1 2023, 25.1% up from the £187m in H1 2022.
The outlook for the eurozone economy deteriorates whilst the ECB continues hiking
The European Central Bank (ECB) delivered on its interest rate hike promise at its July meeting, taking the deposit rate to 3.75% from 3.5%, in line with our expectations.
Open for business: open banking for corporates and SMEs
The success of open banking is pivoted on the tangible business value delivered to end-customers whether they are retail consumers or small to medium enterprises (SMEs) or larger corporates.
Julius Baer reports increase in profit in H1 2023
IFRS net profit for Julius Baer grew 18% year-on-year in H1 2023 to hit CHF532m ($615m).
Stonehage Fleming makes series of promotions
International multi-family office Stonehage Fleming has made a number of promotions in its London office.