All articles by Verdict Staff
Verdict Staff
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.
Australias AMP Capital to liquidate its China Growth Fund
Australian investment manager AMP Capital has decided to wind up its China Growth Fund (AGF) by liquidating the fund.
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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.
AJ Bell introduces low-cost managed portfolio service for advisers
AJ Bell, a UK-based provider of online investment platforms, has expanded its investment offering by rolling out a passives-only managed portfolio service (MPS) for financial advisers.