All articles by Verdict Staff
Verdict Staff
Perella Weinberg to merge with rival Tudor, Pickering, Holt
Asset management firm Perella Weinberg Partners (PWP) and energy boutique bank Tudor, Pickering, Holt & Co (TPH) have agreed merge and create a new entity, which will have over $12bn in assets under management (AUM).
PwC unveils new digital currency service
Consulting and auditing firm PricewaterhouseCoopers (PwC) has unveiled a new cloud-based fintech platform to enable use of digital assets for everyday banking, commerce and other personal currency and asset related services.
Wells Fargo Advisors, SigFig join forces on robo advice offering
Wells Fargo Advisors (WFA), the brokerage arm of US banking group Wells Fargo, has announced plans to partner with San-Francisco-based online wealth manager SigFig to develop a digital advisory offering.
Northern Trust appoints new president
Northern Trust, a US-based investment management firm, has appointed Michael OGrady as its new president.
ABN AMRO private banking arm underlying profit almost doubles in Q3
The private banking unit of Dutch lender ABN AMRO has reported an underlying profit of 54m for the third quarter of 2016, a surge of 92% compared to 28m in the year ago quarter.
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Coutts names new finance director
Coutts, the wealth management arm of RBS, has appointed Mike Regan as its new finance director, effective immediately.
RL360° to buy Rowan Dartingtons international platform business
RL360° Group has agreed to purchase Rowan Dartingtons Isle of Man-based international platform business Ardan International for an undisclosed sum.
Hong Kong advisory firm Convoy invests in digital wealth manager Nutmeg
British online wealth manager Nutmeg has raised £30m in fresh round of funding, which was led by Hong Kong-based financial advisory firm Convoy.
St. Jamess Place partners Metro Bank for savings offering
St. Jamess Place Wealth Management has teamed up with British challenger lender Metro Bank to launch a direct savings offering for its clients.
EFG International concludes integration of BSI Singapore
Swiss private banking group EFG International has concluded the integration of BSI’s operations in Singapore.