All articles by Verdict Staff
Verdict Staff
Catella to establish property asset management unit in France
European financial group Catella is to set up a new property asset management operation in France by spring 2014.
Lloyds to sell remaining stake in St James’s Place to boost capital
Lloyds Banking Group has put its remaining stake in wealth management company St James’s Place (SJP) up for sale to boost capital.
U.S. Bancorp’s wealth unit names new head of product services
U.S. Bancorp’s wealth management division has hired Benton Reichenau as new head of product services.
LPL Financial adds NetVEST Financial to its broker-dealer network
LPL Financial has added NetVEST Financial, an independent financial firm focused on multi-generational wealth and estate planning, to its broker-dealer and corporate RIA platforms.
UBS Wealth Management Americas introduces UBS Equity Award Value Index
UBS Wealth Management Americas has introduced the UBS Equity Award Value Index, a tool for measuring how employees perceive the value of their equity compensation.
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JP Morgan expands fixed income funds range in UK
JP Morgan Asset Management (JPMAM) has expanded its fixed income range by launching a series of bond funds into the UK market.
Middle East’s 157 billionaires dominate region’s UHNW wealth: Study
The Middle East’s billionaires with a combined net worth of US$354 billion hold a higher percentage of total wealth than in any other region in the world, findings from the Wealth-X and UBS Billionaire Census 2013 show.
Acuma names new head for UAE business
Wealth management firm Acuma has named former deVere area manager, Noel O’Leary, as head of its UAE business.
Deutsche Bank appoints McKinsey executive for risk control
Deutsche Bank has hired an executive from consulting firm McKinsey, Thomas Poppensieker, to manage its risk control unit as it struggles with lawsuits and regulatory fines that are eroding profit.
Praemium to offer platform services to RBS clientele in Jersey
Praemium International, a subsidiary of Australian firm Praemium, has signed an agreement with RBS International to offer platform services to its clientele based in the tax haven of Jersey.