All articles by Verdict Staff
Verdict Staff
Barclays attributable profit plummets 31% in H1
Barclays has reported attributable profit of £1.11bn for the first half of 2016, a slump of 31% from £1.61bn the year ago.
JTC wraps up Arcange REIM acquisition in Luxembourg
JTC, an institutional and private client service provider, has completed the acquisition of Arcange REIM in Luxembourg following approval from the Commission de Surveillance du Secteur Financier (CSSF).
Abu Dhabis Mubadala to acquire 20% stake in Bahrains Investcorp
Mubadala Development Company, an Abu Dhabi-based investment and development company, has agreed to acquire a 20% stake in Bahraini investment firm Investcorp for an undisclosed sum.
RFi Group merges advisory and consultancy units
Financial services research provider RFi Group has merged its advisory and consultancy divisions and launched an office in Melbourne.
Grant Thornton names MD for Chicago tax accounting risk advisory services practice
Grant Thornton has appointed Mark Quiroz as a managing director in the firms Tax Accounting Risk Advisory Services (TARAS) practice in Chicago.
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SkyBridge Capital opens new office in London
SkyBridge Capital, a US-based alternative investment firm, has opened a new office in London that will serve as its headquarters on behalf of its business interests in the UK, Continental Europe and the Middle East.
Brewin Dolphin total funds rises to £33.5bn in Q3
British wealth manager Brewin Dolphin’s total funds stood at £33.5bn at the end of third quarter on 30 June 2016, a rise of 2.1% compared to £32.8bn at 31 March 2016.
NBAD net profit dips 5% in Q2
National Bank of Abu Dhabi (NBAD) has posted a net profit of AED1.37bn for the second quarter of 2016, down 4.8% from AED1.44bn the year ago.
Standard Chartered appoints new chairman; regional head in Hong Kong
British banking major Standard Chartered has named Jose Vinals as its new chairman, replacing John Peace, who will step down on 1 December 2016.
Schroders H1 pre-tax profit falls 3%; AuM rises 10%
British fund manager Schroders has posted profit before tax of £282.3m for the first half of 2016, down 2.7% from £290.3m in the prior year.