Real Estate Without Keys: Russia’s Wealthy Shift to Closed-End Property Funds
Personal Finance

Real Estate Without Keys: Russia’s Wealthy Shift to Closed-End Property Funds

Falling rates are reviving property investment, but wealthy Russians increasingly use closed-end real estate funds for s...

Shira Katz 👁 12 💬 0
J&T Banka Profit Falls 11.4% as IT Costs Outweigh Asset Growth
Companies

J&T Banka Profit Falls 11.4% as IT Costs Outweigh Asset Growth

The private bank reported €150 million in first-half net profit as technology spending and a tough year-ago comparison o...

Declan Byrne 👁 63 💬 0
BTG Pactual Launches Ultrablue World Legend with IOF-Free International Spending
Companies

BTG Pactual Launches Ultrablue World Legend with IOF-Free International Spending

The Brazilian bank’s new super‑premium card demands R$3 million in assets and bundles travel insurance, unlimited lounge...

Declan Byrne 👁 39 💬 0
CaixaBank Reorganizes Wealth Management Unit, Names Juan Llamas Director
Companies

CaixaBank Reorganizes Wealth Management Unit, Names Juan Llamas Director

CaixaBank shuffles its wealth leadership as assets surpass €200bn, with veteran banker Juan Llamas taking the helm and t...

Declan Byrne 👁 32 💬 0
Wealthy Clients Suffer ‘Buyer’s Remorse’ as Private Banks Standardize Investment Models
Companies

Wealthy Clients Suffer ‘Buyer’s Remorse’ as Private Banks Standardize Investment Models

Rob Agnew of Isio’s Private Office argues that the drive to scale in private banking is alienating clients with £20mn–£5...

Declan Byrne 👁 40 💬 0