All articles by Verdict Staff
Verdict Staff
Nordea Private Banking passes 100,000 clients milestone
The number of private banking clients in Nordea has exceeded 100,000 in the Nordics for the first time.
SocGen’s Russia unit CEO fired
France’s second-biggest bank Societe Generale has fired the chief executive of its Russian unit, Rosbank, after he was prosecuted for bribery, and the lender will, reportedly, launch a search for a successor.
Close Brothers’ AUM up 4% in final quarter
Close Brothers Group’s assets under management (AUM) grew by 4% to £9.2 billion in the three months to 30 April 2013, from £8.9 billion at the end of January 2013, an increase of 10% year on year.
Winterhill Largo launches new risk management business
Winterhill Largo, an asset valuation and recovery specialist has launched a new business called Winterhill Risk.
FCA bans and fines former non-executive director GBP154,800
The UK’s Financial Conduct Authority (FCA) has decided to ban and fine Angela Burns, the former non-executive director, GBP154,800 for not disclosing her conflicts of interest.
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NWI Management selects Citi for hedge fund administration services
NWI Management, a New York-based investment adviser, has awarded Citi a new mandate to provide hedge fund administration services covering $3 billion in assets.
API Funds engages Suasion Resources to enhance advisor communications
API Funds, a select family of mutual funds, has engaged Suasion Resources, a specialized marketing consulting firm, to enhance advisor communications and support capabilities.
Van Lanschot hires new private banking head
Van Lanschot today has appointed Richard Bruens as head of its private banking business unit.
Private equity investment yielding better returns than shares: Report
Private equity and venture capital investment in Australian businesses offer better yield than shares over the long term, StartupSmart reported quoting a new report.
TD Bank Groups wealth arm reports marginal increase in Q2 income
TD Bank Groups wealth operation delivered a net income of C$158 million for the second quarter ended 30 April 2013, an increase compared to C$155 million in the year ago period.