All articles by Verdict Staff
Verdict Staff
Butterfield net income surges to $78.2 million in 2013
The Bank of N.T. Butterfield & Son (Butterfield), a Bermuda-based private bank, has reported a net income of $78.2 million for the year ended 31 December 2013, a surge of 205% or $52.6 million year-on-year.
Hanson Asset Management to form JV with Spain’s Renta 4 Banco
UK-based Hanson Asset Management (HAM) and Spain-based Renta 4 Banco have agreed to enter into a joint venture to develop their investment management and advisory businesses.
RBC wealth business reports 3% rise in Q4 income
The wealth management unit of Royal Bank of Canada (RBC) has reported a net income C$235 million for the quarter ended 31 January 2014, up C$6 million or 3% compared to last year.
Younger millionaires are more diversified than their older counterparts: Spectrem
Young Millionaires are more diversified in their approach to investing than their older Millionaire counterparts, according tom a research by Spectrem.
First Financial joins BT Select network
First Financial, a former financial services division of Crowe Horwath First Financial, has joined BT Select network to offer enhanced services to clients.
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Syz & Co registers 12 OYSTER funds in Sweden
Swiss group Syz & Co is expanding its business in the Nordics by registering 12 of its OYSTER funds in Sweden.
Grassi & Co. launches new hedge fund administration entity
Grassi & Co., a US-based accounting and auditing services provider, has launched a new fund administration entity, called Grassi Fund Administration Services (GFAS).
Broadridge acquires financial advisor solutions provider Emerald Connect
Broadridge Financial Solutions has acquired Emerald Connect from StoneRiver Group for US$60 million in cash, excluding adjustments for net working capital acquired.
River and Mercantile Asset Management agrees to merge with P-Solve
River and Mercantile Asset Management (R&M) has agreed to merge with an investment consultancy P-Solve to form a new diversified investment business, River and Mercantile Group (R&M Group).
Nedbank Private Wealth makes new appointment for north England
Nedbank Private Wealth has hired Simon Prescott to expand its growing connections in the north of England.