All articles by Verdict Staff

Verdict Staff

Eagle Gates to open wealth management club in Thailand

American asset manager Eagle Gates has unveiled plans to open a new wealth management club in Thailand in September 2016 that will serve as the hub for wealth management in the Asia Pacific region.

Tiedemann Wealth Management, Presidio Capital Advisors to merge operations

New York-based Tiedemann Wealth Management (TWM) and San Francisco-based Presidio Capital Advisors (PCA) have agreed to merge to create a $13bn practice.

Crestbridge names appoints new London office head

Crestbridge, a Jersey-based independent trust, fund and corporate services provider, has named Paul Windsor as the new managing director and head of its London office.

JHC collaborates with APSU to further enhance its FIGARO offering

JHC, a provider of wealth management solutions, has signed a new contract with technology firm APSU for cloud-based services to offer its FIGARO Managed Service in a SaaS model.

Old Mutual Wealth to snap up Beaumont Robinson

Old Mutual Wealth Private Client Advisers has agreed to purchase financial planning firm Beaumont Robinson for an undisclosed sum.

DBS net profit drops 6% in Q2

Singapore-based lender DBS has reported net profit of SGD1.05bn for the second quarter of 2016, down 6% from SGD1.11 a year ago.

Prime Financial ups stake in advice firm MPR Group

Australian wealth management firm Prime Financial Group has agreed to increase its stake in Melbourne-based accounting and advisory firm MPR Group from 40% to about 93%.

Tullett Prebon buys CME hybrid trading solution

British interdealer broker Tullett Prebon has purchased a long term licence to use CME’s hybrid trading technology.

Manulife attributable net income rises 17% in Q2

Manulife Financial has reported attributable net income of C$704m for the second quarter of 2016, up 17% compared to C$600m a year earlier.

GMP Capital to purchase FirstEnergy Capital

GMP Capital, a Toronto-based provider of financial advisory and investment services, has agreed to buy Calgary-based FirstEnergy Capital for $98.6m.