All articles by Verdict Staff
Verdict Staff
Old Mutual to reduce stake in US asset management unit through share sale
Old Mutual has announced plans to reduce stake in its US asset management arm, OM Asset Management, by selling 13 million ordinary shares through a public offering.
Northern Trust Asset Management names UK consultant relations head
Northern Trust Asset Management has appointed Rosina Barnett as its new head of UK consultant relations.
Sandaire hires new CIO
British multi-family office Sandaire has named Kevin Corrigan as its new CIO, replacing Marc Hendriks who has now assumed the newly created role of global strategist within the firm.
Mercer Advisors snaps up Fabian Wealth Strategies
Mercer Advisors, a Santa Barbara-based wealth management firm, has purchased Costa Mesa-based Fabian Wealth Strategies for an undisclosed amount.
Fiducian snaps up two more financial planning firms
Australian financial services firm Fiducian Group has agreed to acquire two financial planning practices with $44m in funds under advice for cash consideration of $720,000.
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Goldman Sachs reshuffles leadership team
Goldman Sachs has appointed David Solomon and Harvey Schwartz as its new co-COOs and presidents, replacing Gary Cohn who is departing from the bank to join US President Donald Trump’s economic policy team.
Barclays W&IM: A year in review
Akshaya Bhargava, CEO Wealth and Investments UK, looks back at the surprise political events of 2016 and the implications for private banking
Bank of America sets up new Hayward financial centre
Bank of America has opened its new financial center in Hayward, California, equipped with digital resources and on-site expertise required to help clients with their financial decisions.
Reflecting on 2016: Brown Shipley
The year 2016 has been truly extraordinary for financial markets, generating a succession of shocks which have reverberated across the world. Some of these events carry dire warnings for the future, writes Alex Brandreth, Deputy Chief Investment Officer and Senior Fund Manager, Brown Shipley.
Credit Suisse appoints new CIO of Swiss business
Credit Suisse has named Burkhard Varnholt as chief investment officer (CIO) of its Swiss unit, replacing Anja Hochberg.