PlusWealth Capital Management LLP’s Post

In a higher for longer environment, WM space has heated up for non capital intensive advisory fee based revenue & convergence. The question remains how traditional wire houses can compete with nimble, boutique RIAs & Family Offices!

UBS has reduced 1,293 full-time employees in Q1 2024, representing 1.1% of UBS 112,842 employees in 2023.  UBS has 111,549 employees at the end of 2024 Q1, with UBS Global Wealth Management adding more than 300 client advisors to 10,338 in 2024 Q1. Read - https://lnkd.in/ggHhiwHk follow Caproasia | Driving the future of Asia UBS has reduced 1,293 full-time employees in Q1 2024, representing 1.1% of UBS 112,842 employees in 2023.  UBS has 111,549 employees at the end of 2024 Q1, with UBS Global Wealth Management adding more than 300 client advisors to 10,338 in 2024 Q1.  In the UBS 2024 Q1 earnings report, UBS Wealth Management APAC AUM (Assets under Management) had decreased -0.6% in Q1 2024, with total UBS Global Wealth Management AUM at around $4 trillion and recording $27 billion Net New Assets (NNA) in Q1 2024.  For Q1 2024, UBS reported net profit of $1.8 billion.  In 2024 February, UBS reported $29.9 billion net profit for FY2023 (including $28.925 billion negative goodwill), and announcing UBS Global Wealth Management targeting $5 trillion AUM by 2028.  UBS & Credit Suisse merger is also scheduled to complete by 2024.  Sergio P. Ermotti, UBS Group CEO: “A little over a year ago, we were asked to play a critical role in stabilizing the Swiss and global financial systems through the acquisition of Credit Suisse and we are delivering on our commitments. This quarter marks the return to reported net profits and further capital accretion – a testament to the strength of our business and client franchises and our ability to deliver significant progress on our integration plans while actively optimizing our financial resources.” UBS

UBS has reduced 1,293 full-time employees in Q1 2024, representing 1.1% of UBS 112,842 employees in 2023.  UBS has 111,549 employees at the end of 2024 Q1, with UBS Global Wealth Management adding more than 300 client advisors to 10,338 in 2024 Q1. Read - https://lnkd.in/gUYAnkvC follow Caproasia | Driving the future of Asia UBS has reduced 1,293 full-time employees in Q1 2024, representing 1.1% of UBS 112,842 employees in 2023.  UBS has 111,549 employees at the end of 2024 Q1, with UBS Global Wealth Management adding more than 300 client advisors to 10,338 in 2024 Q1.  In the UBS 2024 Q1 earnings report, UBS Wealth Management APAC AUM (Assets under Management) had decreased -0.6% in Q1 2024, with total UBS Global Wealth Management AUM at around $4 trillion and recording $27 billion Net New Assets (NNA) in Q1 2024.  For Q1 2024, UBS reported net profit of $1.8 billion.  In 2024 February, UBS reported $29.9 billion net profit for FY2023 (including $28.925 billion negative goodwill), and announcing UBS Global Wealth Management targeting $5 trillion AUM by 2028.  UBS & Credit Suisse merger is also scheduled to complete by 2024.  Sergio P. Ermotti, UBS Group CEO: “A little over a year ago, we were asked to play a critical role in stabilizing the Swiss and global financial systems through the acquisition of Credit Suisse and we are delivering on our commitments. This quarter marks the return to reported net profits and further capital accretion – a testament to the strength of our business and client franchises and our ability to deliver significant progress on our integration plans while actively optimizing our financial resources.” UBS

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UBS is Turning Its US Wealth Business Inside Out: UBS is restructuring its wealth management business in the US. There are restructurings and numerous appointments. #ubs #wealthmanagement

Big Breaking 🙏 Get ready for : ✔️JIO Mutual Funds, ✔️JIO Demat/Trading Platforms, ✔️JIO Wealth Mgm / PMS & much more ! Jio Financial Signs Agreement with Blackrock for 50:50 JV for Wealth Management & Broking #jio #jiofinancialservices #stockmarket #stockmarketindia #sharemarket #nifty50 #niftyoptions #bankniftyoptions #sharebazar #tradingstrategy #technicalanalysis #fundamentalanalysis #technicals #researchanalyst #daytrader #daytrading #commoditytrading #forextrading #equityresearch #equitymarket #optionstrading #derivativestrading #derivatives #researchanalyst #jobseekers #carrers #daytrading #commoditytrading #intraday #intradaytrading #investement #investing #blogger #financeblog #finance #linkdinpost #linkedincreator #linkedincontent #linkedinengagement #linkedinfollowers #tradingninjas

Venture Capital News - Venture Capital News Headlines

Instinet, Nomura's electronic trading arm, is seeing a wave of departures following a challenging 2024 with no bonuses and job cuts. Notable exits include Anushree Laturkar, who joined JPMorgan as Head of Americas Algo Product after 16 years at Nomura. 🚨 She’s not alone—several senior execs, including multiple MDs, have moved to fintechs like Clear Street and Enfusion. 🚀💻 Instinet’s loss is fintech and banking’s gain. 💡 With top talent migrating to fintechs and big banks, what does this signal about the evolving competitive landscape of financial services? 🔍 #fintech #banking #financialservices #trading

New #Blog Alert! In this blog, Navneet Munot, CFA, MD & CEO of HDFC Asset Management Company Limited, shares his interesting take on 'Person of the Year 2024'. He takes us on a journey through 2024, reflecting on a year of bold moves and groundbreaking changes. From #innovation to impact, his choice for 'Person of the Year' celebrates daring minds reshaping #industries and redefining life itself. Uncover the mystery here: https://lnkd.in/dNU4ZBSs