Tag Archives: private banking

Standard Chartered and AllianzGI Partner on Gold ETF and Covered Call Strategy

(IN BRIEF) Standard Chartered has launched the Signature Select Enhanced Gold Income Fund, its ninth sub-fund under the Bank’s Variable Capital Company platform. The fund is managed with Allianz Global Investors as sub-manager and combines exposure to gold exchange-traded funds … Read the full press release

Standard Chartered Advances India Wealth Strategy With Signature CIO Funds Launch

(IN BRIEF) Standard Chartered has received in-principle approval from the International Financial Services Centres Authority to distribute Capital Market products from GIFT City. The approval will allow the Bank to begin offering wealth solutions from India’s international financial services hub, … Read the full press release

BlackRock’s Aladdin Wealth to Support Standard Chartered’s Portfolio Analytics and Risk Management

(IN BRIEF) Standard Chartered has announced a global collaboration with BlackRock’s Aladdin Wealth to enhance its myWealth Advisor platform. The integration will provide the Bank’s relationship managers and investment advisors with advanced portfolio analytics, risk insights, stress testing, scenario analysis … Read the full press release

Standard Chartered Expands VCC Offering With BlackRock-Managed Asia Pacific Multi-Asset Fund

(IN BRIEF) Standard Chartered has launched the Signature Select APAC Allocation Plus fund under its VCC platform, with BlackRock appointed as sub-manager. The Asia Pacific-focused multi-asset strategy invests in equities, fixed income and liquid alternatives, with the objective of delivering … Read the full press release

Deutsche Bank Private Bank to Leverage DWS’ Institutional Investment and Execution Platform in Expanded Strategic Collaboration

(IN BRIEF) Deutsche Bank and DWS are strengthening their collaboration in Discretionary Portfolio Management by integrating DWS’ institutional investment and execution platform into the portfolio implementation process for Deutsche Bank Private Bank clients while keeping strategic asset allocation and client … Read the full press release

Barclays strengthens global sports portfolio with strategic partnership with Williams Formula 1 Team

(IN BRIEF) Barclays has signed a multi-year sponsorship with the Atlassian Williams F1 Team, becoming its Official Banking Partner and primary corporate bank while securing prominent branding on the 2026 FW48 car and team apparel. The partnership will focus on … Read the full press release

BBVA Strengthens Global Private Banking Model with New International Unit in Madrid

(IN BRIEF) BBVA has established a new International Private Banking unit in Spain to serve global clients seeking to invest and manage wealth in the country, strengthening its international private banking model alongside existing platforms in Switzerland and the United … Read the full press release

ING Bank Śląski to Fully Acquire Goldman Sachs TFI, Strengthening Its Position in Poland’s Investment Market

(IN BRIEF) ING Bank Śląski is set to become the sole owner of Goldman Sachs TFI, acquiring the remaining 55% stake from Goldman Sachs for PLN 396 million in a move that strengthens its influence in Poland’s expanding investment and … Read the full press release

BBVA Switzerland combines behavioral economics and technology to transform how people view investing

(IN BRIEF) BBVA Switzerland has launched Investing in the Mirror, a digital initiative developed with its Behavioral Economics team to help people understand how emotions and biases influence their investment decisions. The interactive platform combines videos, podcasts, and expert commentary … Read the full press release

Standard Chartered expands VCC offerings with new multi-sector credit fund launched in partnership with PIMCO

(IN BRIEF) Standard Chartered has launched Signature Select Global Income Plus, a new multi-sector credit fund under its VCC structure in collaboration with PIMCO as sub-investment manager. The fund spans high-yield bonds, emerging market debt, and bank loans, aiming to … Read the full press release

ABN AMRO Completes Acquisition of HAL, Creating a Top-Three German Wealth Manager with EUR 70 Billion AUM

(IN BRIEF) ABN AMRO has completed the purchase of Hauck Aufhäuser Lampe AG from Fosun’s Bridge Fortune Investment, following regulatory approval. The acquisition merges HAL with Bethmann Bank to create a top-three German wealth-management provider, with 2,000 employees in 18 … Read the full press release

Erste Private Banking Dominates Euromoney Awards with Six Distinctions Across Central and Eastern Europe

(IN BRIEF) Erste Private Banking has been honored with six best-in-class awards by Euromoney, highlighting its exceptional performance across multiple regions. In Austria, the bank was recognized as the “Best Private Bank,” “Best for High-Net-Worth” clients, and “Best for Discretionary … Read the full press release

Luxembourg Banking Innovation: SEB Unveils Real-Time Payment Capability Through Strategic Collaboration

(IN BRIEF) SEB’s Luxembourg branch has launched SEPA instant payments for its private banking clients, allowing them to receive money in real time. This service, which supports transactions up to 100,000 Euros within the Single Euro Payments Area, was developed … Read the full press release

Societe Generale Appoints Lubomira Rochet as Executive Vice President of Retail Banking, Private Banking, and Chief Operating Office

(IN BRIEF) Lubomira Rochet has been appointed Executive Vice President of Societe Generale, overseeing Retail Banking, Private Banking, Insurance, and the Chief Operating Office. She will bring her extensive expertise in digital transformation and business leadership to drive growth and … Read the full press release

HSBC’s deal for HSBC life China gets regulatory clearance

Pursuing full ownership underscores HSBC’s commitment to expanding business in China (PRESS RELEASE) LONDON, 30-Dec-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and financial services providers, has announced that its deal for the acquisition of … Read the full press release

SEB Investment Outlook: 2021 seen as a year of strong recovery however the outlook for 2022 is less clear

(PRESS RELEASE) STOCKHOLM, 30-Nov-2021 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced the release of its Investment Outlook November 2021 which sees the end of a year … Read the full press release

Crédit du Nord and Société Générale retail banks merger: 1,450 branches, 10 million clients with 25,000 employees in 2025

(PRESS RELEASE) PARIS, 12-Oct-2021 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced it submits a complete dossier to its employee representative organisations setting out in detail the … Read the full press release

HSBC Holdings plc through HSBC Insurance (Asia-Pacific) Holdings Ltd takes over AXA Insurance Pte Limited (AXA Singapore) for US$575 million

A key milestone supporting HSBC’s ambition to be Asia’s leading insurance and wealth provider Strengthening Singapore as a global wealth hub for HSBC (PRESS RELEASE) LONDON, 16-Aug-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and … Read the full press release

BNP Paribas welcomes Sofia Merlo to its Executive Committee and as Head of Group Human Resources

(PRESS RELEASE) PARIS, 2-Nov-2020 — /EuropaWire/ — BNP Paribas announces the appointment of Sofia Merlo as Head of Group Human Resources and a member of its Executive Committee. She succeeds Yves Martrenchar, who becomes Senior Advisor and who will lead … Read the full press release

ABN AMRO Private Banking Belgium and Société Générale Belgium have now administratively and legally merged

ABN AMRO Private Banking Belgium and Société Générale Belgium have now administratively and legally merged

(PRESS RELEASE) AMSTERDAM, 20-Dec-2019 — /EuropaWire/ — ABN AMRO has announced that its ABN AMRO Private Banking Belgium and Société Générale Belgium have now been officially merged. The deal, originally announced back in July 2018 as a form of acquisition … Read the full press release