Wealth Management Industry News
A collection of Wealth Management latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK wealth manager and price comparison site shares fall amid AI fears
Wealth managers and price comparison sites have become the latest companies to be hit by fears that their businesses will be disrupted by new artificial intelligence innovations. Shares in UK wealth management firms tumbled on Wednesday morning…
European Wealth Management Stocks Swept Up in AI Concerns
European wealth management was the latest sector to be rattled by artificial intelligence developments, as a new tool spurred concern that parts of the industry will be automated. St James's Place Plc led a selloff on Wednesday, tumbling as much as…
Charles Schwab CEO Says AI Is Poised to Boost Wealth Managers
Charles Schwab Corp. 's top executive said artificial intelligence is poised to aid the wealth-management sector rather than hurt it as fears around AI-driven financial advice have mounted, sending shares down this week. Schwab Chief Executive…
St. James's Place Leads European Wealth Managers' Tumble on AI Threat
Shares in the U.K.'s fell steeply as wealth management became the latest sector threatened by competition from AI-powered startups. The FTSE 100 company dropped 12.6% to 12.66 pounds in morning European trade on Wednesday, marking its largest…
Bybit Private Wealth Management Sustains Positive Momentum in January 2026
DUBAI, UAE, Feb. 11, 2026 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released the latest scorecard of its Private Wealth Management (PWM) division, with the top-performing fund posting a 9.97% APR amid…
UK wealth managers endure share price plummet amid AI tool fears
Shares in some of the UK's largest wealth managers tumbled on Wednesday, as investors grew concerned about the potential competitive pressure from a new AI-led investment tool. Britain's biggest wealth group, St James's Place, suffered a 12.7 per…
Okura Industrial FY Net Y3.82B Vs Net Y4.36B
Okura Industrial Co. Ltd. (4221.TO) Japan Year Ended December 31 GROUP 2025 2024 Revenue Y86.66 bln Y81.19 bln Operating Profit Y6.19 bln Y4.56 bln Pretax Profit Y6.43 bln Y5.11 bln Net Profit Y3.82 bln Y4.36 bln Per share Earnings Y335.29 Y363.96…
Mexico's Industrial Production Rises in December
MEXICO CITY--Mexico's industrial production rose for a third consecutive month in December, with increases in mining and construction offsetting sluggish manufacturing. Industrial output rose 0.2% from November in seasonally adjusted terms…
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Stock Market Today: Futures Tick Higher Ahead of Delayed January Jobs Report
Stock futures edged higher Wednesday ahead of the highly anticipated U.S. employment report for January, which is expected to provide insight on the job market as the economy's trajectory remains uncertain. Nasdaq 100, Dow Jones Industrial Average…
Watch Markets Will Remain Range-Bound: Chiriseri
Markets Will Remain Range-Bound: Chiriseri Rufaro Chiriseri, UK and Europe Fixed Income Head for RBC Wealth Management, says bond markets will continue to trade in a range until there is better clarity from data. She speaks to Bloomberg's Lizzy…
Sanoh Industrial 9-Mos Net Y1.61B Vs Net Y1.11B
Sanoh Industrial Co. Ltd. (6584.TO) Japan Nine Months Ended December 31 GROUP 2025 2024 Revenue Y117.19 bln Y119.98 bln Operating Profit Y3.65 bln Y3.62 bln Pretax Profit Y2.66 bln Y3.07 bln Net Profit Y1.61 bln Y1.11 bln Per share Earnings Y45.05…
DBS bets on Hong Kong as wealth fortress
“Clients look for trust, reliability and expertise when markets are unpredictable,” said Ajay Mathur, Head of Consumer Banking Group and Wealth Management at DBS Hong Kong. He noted a shift where capital preservation and income…
New AI Worries End Dow Industrials' Three-Session Winning Streak
Artificial-intelligence anxieties were still working their way through the stock market on Wednesday, with a slide in software and financial shares weighing on major U.S. indexes. Shares of Bank of America, JPMorgan and Citigroup each dropped more…
Watch Markets: Why Lisa Shalett Has '100% Faded the Small Cap Trade'
Why Lisa Shalett Has ‘100% Faded the Small Cap Trade' Lisa Shalett, CIO at Morgan Stanley Wealth Management, explains her move away from small cap stocks as she sees a return to a “high quality large cap trade” that includes…
Real Estate Services Stocks Crash In Latest 'AI Scare Trade'
FIrst it was SaaS (in particular, and Software in general), then Private Credit, then Insurance Brokers, then it was financials/brokers that were hammered yesterday... and today's it's the turn of real estate service stocks to tumble as investors…
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