All articles by Verdict Staff
Verdict Staff
HSBC adjusted pre-tax profit rises 7% in Q3
British banking giant HSBC has posted adjusted pre-tax profit of $5.59bn for the third quarter of 2016, an increase of 7% compared to $5.24bn in the corresponding period of 2015.
Liontrust appoints head of global distribution
British specialist fund manager Liontrust has appointed Ian Chimes as its head of global distribution.
Credit Suisse launches onshore brokerage business in China
Swiss private banking giant Credit Suisse has expanded its presence in China with the launch of an onshore brokerage business that will operate in the Qianhai free trade zone in Shenzhen.
Royal London Asset Management net inflow surges to £1.94bn
Royal London Asset Management (RLAM), the asset management arm of Royal London, has reported net inflows of £1.94bn for the first nine months of 2016, compared to £552bn over the same timeframe a year ago.
Westpac annual statutory net profit dips 7%
Australian banking group Westpac has reported statutory net profit of A$7.44bn for the full year ended September 2016, a fall of 7% compared to the prior year.
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Broadridge acquires M&O Systems to expand wealth management capabilities
Broadridge Financial Solutions has acquired M&O Systems, a provider of advisor compensation management solutions, for an undisclosed sum.
Jerseys JTC secures trust licence in South Dakota
JTC, a Jersey-based institutional and private client service provider, has secured a trust licence in South Dakota from the states financial authority.
Schroders Q3 pre-tax profit rises 3.5%; wealth unit pre-tax profit dips
British fund manager Schroders has posted pre-tax profit of £153.9m for the third quarter of 2016, a rise of 3.5% compared to £148.6m in the corresponding period of last year.
Societe Generale net income slips in Q3
French bank Societe Generale has reported a net income of 1.09bn for the third quarter of 2016, down 2.4% compared to 1.12bn in the corresponding quarter of 2015.
Rowan Dartington expands to Scotland with new hire
British wealth manager Rowan Dartington has expanded to Scotland by hiring investment manager Peter Roper in Edinburgh.