Wealth management was built by men for men, but now that women will become the largest beneficiaries of the $30 trillion intergenerational wealth transfer, the industry needs to overhaul itself. If it doesn’t, it will be letting down more than just its female clients.

UBS Wealth Management voted best global private bank; private banks expect revenues to grow, but at slower pace.

The pieces are starting to shift on the board of Chinese investment banking. There have been signs of progress, frustration and new strategy since last April’s announcement that foreigners would be allowed to take majority stakes in securities joint ventures on the mainland.

Spanish-based group will struggle to overcome fall-out of recruitment U-turn, while Orcel’s situation raises broader questions for banks’ hiring and compensation strategies.

Banco Santander’s board has botched the appointment of the bank's next CEO in the clumsiest way possible.

The bank is delivering a strategy for the post-crisis world. So why aren’t investors giving it more credit?

Asset management is one of the few opportunities European banks have for growth and good returns, but regulation is challenging the captive market and margins are falling. Can banks build their own versions of the low-cost US fund management firms – or are these few remaining crown jewels heading the same way as their investment banks?

Rates are only rising because economies are doing so well and there is no need to panic, even if risk assets do sell off, at least according to the sell side.

UBS’s path to China JV control raises questions for others.

Larger family offices are taking on the private equity firms as they focus on investing directly.

Jon Macaskill profiles the two new co-heads of investment banking at UBS.

CIO, UBS Global Wealth Management

Any important new market needs its innovators, cheerleaders and pioneers… As banks try to build more responsible and sustainable businesses, these are the champions of impact banking at 10 of the world’s biggest firms. From green and blue finance to financial inclusion and social banking, they are leading the way and setting an agenda for others to follow.

The last instalment of our results analysis looks at banks’ markets businesses

Day 2 of our look at the performance of the 12 big CIBs over the past year, this time focusing on the investment banking business lines

With HSBC having reported on Monday, the last of the 2Q18 results are in for the 12 main global corporate and investment banks; now for part 1 of our number-crunch

A strong quarter for UBS contained a few of the usual curiosities in the investment bank.

The momentum in UBS’s Apac wealth management business is such that senior staff envisage a day when assets in Asia overtake those from any other part of the world. It is easy to see why. In 2017 the bank became the first wealth manager to cross SFr300 billion ($305 billion) in assets in Asia and by the first quarter of 2018 was already at SFr379 billion. The bank may well have crossed SFr400 billion by the time you read this.

Australia

The bank has integrated its North America and global operations to bring more focus – and better results.

Not just revenues but also returns are behind the success this year of UBS, western Europe’s best investment bank. The Swiss firm stands out for a distribution and advisory-led business that has attracted fewer of the kind of questions over its sustainability that others have had to endure.More activity in the primary equity markets in western Europe, particularly in Switzerland, played to UBS’s strengths. Its equity capital markets revenues rose by 56% to SFr1 billion ($1.01 billion) in 2017 and were again up in the first quarter of 2018. It was global coordinator on the SFr2.4 billion IPO of electricity meter firm Landis+Gyr, a SFr2.3 billion rights issue for Lonza and on Galenica Santé’s SFr1.9 billion IPO. It was also global coordinator on Santander’s €7.1 billion rights issue.

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While other parts of finance splinter and specialize, in wealth management it looks like bigger really does mean better: UBS wins Euromoney’s Private Banking 2018 survey yet again and the big global franchises continue to take the lion’s share of the industry.

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…and how wealth management can have a brighter future.

UBS Wealth Management voted best global private bank; private banks more bullish on revenues; hiring to increase.

Banks are booking big charges in the fourth quarter, but the domestic names are sitting pretty for the future as US taxes fall.

Earnings were positive in 2017, but it's a shame about the share price

Jürg Zeltner inspired UBS to regain its position as the world’s best private bank, and his departure has shocked many in the industry – what will he do next?

Banks’ third-quarter results show fixed income trading still depressed and CIB revenues mostly down, but UBS is looking remarkably perky, especially in equity capital markets. What’s up?