All articles by Verdict Staff

Verdict Staff

Concannon Wealth Management joins Dynasty Financial’s advisory network

Concannon Wealth Management, an independent RIA based in Bethlehem, Pennsylvania, has joined Dynasty Financial Partners’ advisory network to support future the firm’s future expansion.

Smead Capital deploys SS&C Technologies’ Global Wealth Platform

US-based Smead Capital Management has implemented SS&C Technologies’ Global Wealth Platform (GWP) to meet both internal risk and external compliance requirements.

ABN AMRO private banking unit underlying profit plummets 27% in Q2

The private banking arm of Dutch lender ABN AMRO has posted an underlying profit of €53m for the second quarter of 2016, down 27% compared to €72m in the prior-year quarter.

Vontobel introduces fintech solution for advisors and investors in Germany

Swiss asset manager Vontobel has launched a new fintech solution in Germany that will help investment and private advisors create, order and invest in individual structured products in real time.

Handelsbanken names new president and group CEO

Swedish bank Handelsbanken has named Anders Bouvin as its new president and group CEO, replacing Frank Vang-Jensen.

Vontobel strengthens institutional clients and consultant relations team in Japan

Vontobel Asset Management, a Swiss asset manager, has named Naohiko Tabei as its new executive director of institutional clients and consultant relations in Japan.

NAB cash profit dips 3% to A$1.6bn in Q3

National Australia Bank (NAB) has reported cash earnings of A$1.6bn for the third quarter ended 30 June 2016, down 3% compared to a year ago and also down 3% from the quarterly average of the March 2016 half year figure.

The Beneficient to buy Provident Trust Group

The Beneficient Company (BEN), a provider of liquidity and administrative services for holders of alternative assets and illiquid investment funds, has agreed to purchase US-based Provident Trust Group for an undisclosed amount.

HighTower launches office in Omaha with Morgan Stanley team

A team that oversaw $500m in assets at Morgan Stanley has departed the firm to join HighTower.

Jersey, Liechtenstein financial regulators to collaborate on supervisory matters

The Jersey Financial Services Commission (JFSC) has inked a memorandum of understanding (MoU) with Liechtenstein Financial Market Authority (FMA) to work together on regulatory matters.