Singapore bank DBS deepens focus on booming family office business

[ad_1] SINGAPORE, June 12 (Reuters) – Singapore lender DBS Group (DBSM.SI) is stepping up its focus on the business of family offices, where its assets have surged in the last…

Two former Julius Baer CEOs reprimanded following money laundering inquiry

[ad_1] ZURICH, Jan 21 (Reuters) – Two former CEOs of private bank Julius Baer (BAER.S) were reprimanded on Thursday by Switzerland’s financial regulator after an inquiry into money laundering in…

Rathbones snaps up Investec’s UK wealth arm in all-share deal

[ad_1] Deal gives Investec units an equity value of 839 mln stg Rathbones shareholders to own 58.75% of company Targets at least 60 mln stg in annual savings LONDON, April…

Swiss wealth manager Julius Baer says client activity still slowing

[ad_1] ZURICH, Nov 22 (Reuters) – Shares of Swiss private bank Julius Baer (BAER.S) dropped nearly 5% in early trading on Monday after it said client activity had continued to…

Zurich bank looks to capitalise on Credit Suisse’s demise

[ad_1] Bank expects to benefit from merger -CEO Expects growth plans to be accelerated -CEO Growth potential likely limited by canton ownership -professor Posted record profit for 2022 ZURICH, March…

Exclusive: Citizens Financial eyes bid for SVB’s private bank, sources say

[ad_1] NEW YORK, March 23 (Reuters) – Citizens Financial Group Inc (CFG.N) is working on a bid to acquire the private banking business of failed Silicon Valley Bank, two people…