All articles by Verdict Staff
Verdict Staff
Old Mutual Wealth buys JW Financial Planning
Old Mutual Wealth Private Client Advisers has snapped up Cheshire-based advice firm JW Financial Planning for an undisclosed amount.
JPMorgan to pay $264m in fine to settle hiring allegations in China
JPMorgan and its Hong Kong unit have agreed to pay a total of $264m in fines to the US regulators to settle allegations that it hired the relatives of Chinese government officials in order to win business.
Fairstone to snap up Bankfield Financial Advisers
Fairstone Group, a UK-based chartered financial planning firm, has agreed to acquire Leicester-based Bankfield Financial Advisers via a downstream buyout programme.
Fund managers prioritising liquidity management in new market conditions
Fund managers and institutional investors are increasingly prioritising liquidity management in the face of increasing regulatory constraints, historically low interest rates and sluggish economic growth, according to a research report by State Street and Alternative Investment Management Association (AIMA).
Evercore appoints ex-Goldman banker as executive chairman
Evercore, an investment banking advisory firm, has appointed John Weinberg as chairman of the board and executive chairman.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Julius Baer AuM grow 9% in first ten months of 2016
Swiss private bank Julius Baers assets under management (AuM) grew to CHF 327bn in the ten months to the end of October 2016, an increase since the end of 2015 of CHF27bn, or 9%.
Dutch state to sell 7% stake in ABN Amro; bank to shed 1,500 jobs
The Dutch government has agreed to sell a 7% stake in ABN Amro through an accelerated bookbuilding process.
Barclays Wealth and Investment Management hires fund selection head
Barclays Wealth and Investment Management has appointed Ian Aylward as the new head of manager and fund selection in its global investments and solutions (GI&S) team, replacing Jaime Arguello who left the firm to join Architas as CIO.
MAS collaborates with R3 and financial institutions in trial project on blockchain
The Monetary Authority of Singapore (MAS) has joined forces with blockchain technology firm R3 and a consortium of financial institutions on a proof-of-concept project to make blockchain-based inter-bank payments.
Aberdeen Asset Management opens office in Abu Dhabi
Aberdeen Asset Management has established its presence in the Middle East region by opening a new office in Abu Dhabi, the capital of the UAE.