All articles by Verdict Staff
Verdict Staff
Van Lanschot names new director of private office
Van Lanschot, a Netherlands-based asset manger, has named Philippe Mol as new director of its private office, which serves ultra-high-net-worth individuals and entrepreneurs.
BNY Mellon appoints new chief executive officer for Treasury Services Business
BNY Mellon has appointed Ian K. Stewart as chief executive officer of its Treasury Services business.
Reynders, McVeigh Capital Management hires new MD for investment services
Reynders, McVeigh Capital Management, a Boston-based investment management firm, has appointed Ted Melhado as managing director of investment services.
Pretax operating earnings up 36% at Ameriprise Financials wealth arm
The advice & wealth management division of Ameriprise Financial has reported pretax operating earnings of US$162 million for the fourth quarter of 2013, an increase of 36% compared with US$119 million in the year ago period.
Standard Chartered appoints new CEO for UAE
Standard Chartered has appointed Mohsin Nathani as the new CEO for the United Arab Emirates, replacing Jonathan Morris who has left the bank to pursue further opportunities.
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Euronext Fund Service to launch in France
Euronext welcomes the publication in France of the decree authorising active open-end funds to be admitted to trading on regulated markets or multilateral trading facilities.
HMRC scraps plans to impose VAT on platform charges
HM Revenue & Customs (HMRC) has scrapped plans to impose VAT on core platform service charges.
Lebenthal Wealth Advisors acquires Heckman Global Advisors
Lebenthal Wealth Advisors, a private division of Lebenthal Holdings, has acquired American equity research firm Heckman Global Advisors.
SPF Private Clients buys Wiltshire & Co
UK-based SPF Private Clients has purchased general insurance and pensions advice firm Wiltshire & Co for an undisclosed sum.
Deutsche Bank limits bonuses for bankers at 300,000 – report
Under pressure from regulators to rein in compensation, German banking giant Deutsche Bank has reportedly decided to cap bonuses for its bankers at 300,000 (US$400,000) for a second year.