All articles by Verdict Staff

Verdict Staff

Wise Planners to acquire Sydney-based Domane Financial Advisers

Wise Planners, a subsidiary of AZ Next Generation Advisory (AZNGA), has agreed to acquire 100% of the shares of Domane Financial Advisers (DFA), a Sydney-based advice firm with over $212m in funds under advice (FUA).

Standard Chartered swings to profit in H1

Standard Chartered has reported an underlying pretax profit of $994m for the first half of 2016, following a $990m loss in the second half of 2015.

PwC sets up Venture Hub in Singapore for investors and start-ups

Consulting and auditing firm PwC Singapore has launched the new Venture Hub, which will serve as a one-stop shop for investors and entrepreneurs active in the start-up space.

Centier Bank extends contract with SEI Wealth Platform

Centier Bank, an Indiana-based privately-owned independent bank, has extended its contract with the SEI Wealth Platform for an additional three years.

Citi Private Bank names director and investment counselor for Palo Alto office

Citi Private Bank has appointed Michael Liou as the new director and investment counselor for its Palo Alto office.

Neuberger Berman unit acquires minority stake in H.I.G. Capital

Dyal Capital Partners III, a permanent capital vehicle managed by Neuberger Berman, has purchased a minority stake in global private equity and alternative asset investment firm H.I.G. Capital for an undisclosed sum.

ING Group net profit surges to €1.3bn in Q2

Dutch banking group ING Group has reported net profit of €1.3bn for the second quarter of 2016, a surge of 261.7% compared to €358m the year ago.

ARC unveils new charity portfolio analysis service

Asset Risk Consultants (ARC) has introduced a new portfolio analysis service for charity trustees, to further develop the information it provides to the third sector.

Northern Trust hires regional sales lead in Luxembourg

Northern Trust has appointed Marco Siero to the newly created role of senior sales representative for Luxembourg.

MAS forms advisory panel on fintech

The Monetary Authority of Singapore (MAS) has created an International Technology Advisory Panel (ITAP) to advise the regulator on international developments in the area of financial technology.