All articles by Verdict Staff
Verdict Staff
Banque Cramer sells 85% stake in Private Investment Bank
Banque Cramer & Cie (BCC), a division of Norinvest Holding, has sold 85% stake in its fully-owned Bahamas based subsidiary Private Investment Bank (PIB) to strategic investors.
HSBC Singapore names new retail banking and wealth management head
HSBC Bank (Singapore) has named Anurag Mathur as the new head of its retail banking and wealth management (RBWM) business in Singapore.
Eastspring Investments names CEO for Singapore business
Eastspring Investments, the Asian investment management unit of Prudential, has named Phil Stockwell as the new CEO for its Singapore business.
RBC wealth unit net income surges 36% in Q3
The wealth management arm of Royal Bank of Canada (RBC) has registered a net income of C$388m in the third quarter of 2016, up 36% or C$103m compared to the year ago period.
COMMENT: The March of Robo Advisers
While not everyone is yet happy to hand over the management of their wealth to computers, their ability to offer consistent, relevant advice will eventually win the day, writes Aggie Anthimidou, wealth management strategy at Temenos
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
BNP Paribas Investment Partners bolsters indexed fund and ETF capabilities in Europe
BNP Paribas Investment Partners has strengthened its indexed fund and ETF business with the appointment of Claus Hecher as its new head of business development for Germany, Austria and the German-speaking regions of Switzerland.
HMRC proposes new rules to clamp down on offshore tax dodgers
The HM Revenue and Customs (HMRC) has proposed new and tougher penalties for tax evaders who conceal earnings from offshore investments.
China drives Asia-Pacific fintech investment: Accenture
Investments in Asia-Pacific fintech ventures, primarily in China, reached $9.62bn as of 31 July 2016, more than twice the $4.26bn invested in the region in all of 2015, according to Accenture analysis of CB Insights data.
True Potential partner with UBS to launch new wealth strategy funds
True Potential Investments has partnered with UBS Asset Management to launch five new multi-asset funds, in its wealth strategy fund range.
BMO Financial wealth unit net income drops 4% in Q3
BMO Financial Group’s wealth management arm has posted net income of C$201m for the third quarter of 2016, down 4.3% compared to C$210m in the prior year.