For the traditional wealth management client base, structured products have long ruled the roost. The mighty equity autocallable, in particular, has long been a favourite of investors, giving them a…
Day: January 31, 2023
Swedbank posts profit beat on higher interest income, hikes dividend
The bank, with roots in Sweden’s two-centuries-old savings bank movement, reported a net profit of 6.81 billion Swedish crowns ($653 million) for the quarter, up from 4.84 billion crowns a…
Swiss FINMA grants 670 licences for portfolio managers and trustees in 2022
The Swiss Financial Market Supervisory Authority (FINMA) today provided an overview of the numbers of received and approved applications from portfolio managers and trustees as at the end of 2022.…
