All articles by Verdict Staff
Verdict Staff
UBS picks Frankfurt for European wealth management operations
UBS has launched a new headquarters in Frankfurt to centralise most of its wealth management operations in Europe.
Consulting firm Mercer snaps up Australias Pillar Administration
Consulting firm Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has purchased New South Wales governments funds administrator Pillar Administration for an undisclosed amount.
Unigestion UK names new chairman
Swiss asset manager Unigestion has appointed Miles OConnor as the chairman of Unigestion UK.
Citizens Bank partners SigFig to provide digital investing capabilities
Citizens Bank has signed an agreement with California-based robo-adviser SigFig to offer digital investing capabilities to consumers as part of its growing wealth management platform.
BNY Mellon receives All Asset Trust License in Korea
BNY Mellon has secured full All Asset Trust License in Korea to provide trustee services in the nation.
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Pacific Investments unveils new multi asset division
London-based Pacific Investments has opened a new multi asset arm, known as Pacific Asset Management (PAM).
Rothschild Global appoints new head of debt advisory, North America
Rothschild Global Advisory, a subsidiary of Rothschild & Co, has appointed Michael Speller as head of debt advisory, North America.
Discretionary portfolio managers to experience competition from robo-advisers: Verdict Financial
When approaching wealth managers for investment management, high-net-worth (HNW) individuals are more likely to opt for discretionary mandates over other services, according to financial services research firm Verdict Financial.
Brewin Dolphin annual pre-tax profit slumps 18%
British wealth manager Brewin Dolphin has reported statutory profit before tax of £50.1m for the full year ended 30 September 2016, down 17.9% compared to £61m a year ago.
Abu Dhabi and Egypt regulators sign MoU to improve regulatory collaboration
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Egyptian Financial Supervisory Authority (EFSA) have inked a memorandum of understanding (MoU) to improve cross-border collaboration.