Goldman Sachs’ wealth management fee revenue jumped 17% year-over-year, with double-digit growth in alternatives management fees annually. However, the firm’s total net revenue from its asset and wealth management divisions missed estimates by about $140 million, with higher management fees offsetting lower private banking revenues, CNBC reported. The wealth earnings come amid the investment bank’s total
With $464 billion raised in alternatives since 2019 and wealth management fees up 17% year-over-year, the firm is pressing its advantage. Goldman Sachs reported a strong first quarter for its asset and wealth management business Monday, posting record assets under supervision just as its flagship private credit fund sidestepped a wave of industry redemptions that
The common condition can become debilitating if it’s not managed properly Young people were found to be the least happy and most anxious(Image: GETTY) Nearly half of people born between 1997 and 2010 are facing the same mental health condition, with millions of working days lost across the country as people take time off trying
A woman was left with severe burn-like marks, blisters and scarring across her face for more than two months after suffering a rare reaction to a commonly prescribed mood stabiliser. Doctors say the 42-year-old – who did not share her name – developed the life-threatening condition after taking lamotrigine, a drug used to treat bipolar
The MHRA has warned it is working with eBay to remove fake versions of the medication which, if taken, could have ‘drastic consequences’ 13:01, 13 Apr 2026Updated 14:19, 13 Apr 2026 The fake drugs could be potentially dangerous, it has been warned(Image: Getty) People using fake medication being sold online could be left facing “drastic
Key Takeaways: Podcasts can be streamed through services such as Spotify, Amazon Music and Apple Podcasts. Financial podcasts can contain financial advice, personal stories, money news and Q&As with experts. Some podcasts specialize in a specific financial niche while others cover more general topics. The best financial podcasts feature engaging hosts and informative content. The
The wealth management arm of pensions consultant WTW has reached £20bn in assets but further growth is a “strategic priority and focus”, according to Ben Leach, who heads up the division. Apart from seeking to win more mandates from wealth managers and banks, there are plans to make some of the institutional funds run by
At the Hubbis Philippines Wealth Management Forum 2026 in Manila, Damien Piper, Executive Director for Growth at Unique AI, approached the subject of Artificial Intelligence (AI) with a degree of realism that set his presentation apart. Rather than offering a broad statement about technological disruption, he focused on the practical lessons that come from deploying
Every day, millions of people turn to an artificial intelligence chatbot like Claude, Gemini, and ChatGPT to ask a question about their physical health. They may not know that getting the correct answer is harder than it appears, no matter how authoritatively the chatbot responds. Three recent studies indicate that large language models aren’t as
From kefirs to kombuchas, gut shots to prebiotic sodas, the ever-growing “wellness drinks” on offer at the supermarket are bursting with gut-boosting claims. Meanwhile, the desire for these drinks shows no sign of slowing down: data from Ocado Retail show that health drink sales are up 54 per cent year-on-year; Waitrose alone sells 35 types