All articles by Verdict Staff

Verdict Staff

AnaCap Financial to acquire Barclays’ French retail and wealth businesses

Private equity firm AnaCap Financial Partners has agreed to buy British banking group Barclays’ French retail, wealth and investment management operations for an undisclosed sum.

Strong appetite for sustainable investments hampered by low disclosure: HSBC survey

Two thirds of institutional investors are willing to put more capital in sustainable investments but are challenged by low disclosure on climate credentials of firms, according to a survey by HSBC.

Old Mutual Wealth hires new retirement proposition marketing head

Old Mutual Wealth has named Ian Browne as head of retirement proposition marketing, replacing Adrian Walker who is set to retire at the end of 2016.

Comdirect to snap up Societe Generale’s German online brokerage unit

Comdirect bank, the online banking arm of Commerzbank, has agreed to acquire German online broker Onvista, a unit of Societe Generale, for an undisclosed sum.

Columbia Threadneedle hires EMEA CEO

Columbia Threadneedle Investments has named Michelle Scrimgeour as its new CEO for Europe, the Middle East & Africa (EMEA), replacing Campbell Fleming who left earlier in 2016 to join Aberdeen Asset Management.

Scotiabank, QED Investors partner to facilitate fintech start-ups in Latin America

Canadian lender Scotiabank has partnered with boutique venture capital firm QED Investors to promote fintech start-ups in Latin America that are focused on financial technology disruptors.

Exclusive: Winners of PBI Awards Switzerland announced

Private Banker International (PBI) has announced the winners of the 2016 Private Banking Switzerland Awards.

Perella Weinberg Partners to launch new office in Los Angeles

Perella Weinberg Partners (PWP), a global independent advisory and asset management firm, has announced plans to open a new office in Los Angeles, California.

Citi unveils new mobile app clubbing banking and wealth management capabilities

American banking major Citi has unveiled new functionality for the Citi Mobile App for iPhone that clubs banking, wealth management and money movement capabilities.

EFG International to axe up to 450 jobs

Swiss private bank EFG International has unveiled plans to shed up to 450 jobs as part of its acquisition of local rival BSI.