All articles by Verdict Staff
Verdict Staff
UBS Asset Management hires fixed income head for APAC
UBS Asset Management has appointed Hayden Briscoe as its new head of fixed income for Asia Pacific.
BNY Mellon Wealth Management names US Markets president
BNY Mellon Wealth Management has appointed Thomas Dicker as its new president of US Markets.
Synchron sets up new investment company
Australian non-institutional licensee Synchron has set up a new company to offer investment solutions to its advisors.
Banco Santander profit almost halves in Q2
Spanish banking group Banco Santander has reported attributable profit of 1.28bn for the second quarter of 2016, down 49.7% from 2.54bn a year ago.
UK parliamentary report recommends FCA split
The Treasury Select Committee (TSC) has recommended splitting of the UKs Financial Conduct Authority (FCA) to create a separate enforcement body.
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Deutsche Bank wealth arm pre-tax income slumps 61% in Q2
The Private, Wealth & Commercial Clients (PW&CC) unit of Deutsche Bank has reported pre-tax income of EUR187m for the second quarter of 2016, down 61.3% from EUR483m in the prior-year quarter.
Man Group H1 pre-tax profit slumps 65%
Man Group, a London-based asset manager, has reported adjusted profit before tax of $98m for the first half of 2016, down 65% from $280m a year ago.
Lazard bolsters Private Capital Advisory team
Asset management firm Lazard has appointed Christopher Mulshine as a managing director in Private Capital Advisory, effective immediately.
Waddell & Reed Financial names chief risk officer for investments
Waddell & Reed Financial has appointed Daniel Scherman to the newly created role of chief risk officer for its investment adviser subsidiaries, Waddell & Reed Investment Management Company and Ivy Investment Management Company.
Vontobel registers 8% rise in H1 net profit
Swiss asset and wealth manager Vontobel has posted a group net profit of CHF105.7m for the first half of 2016, an increase of 8% compared to CHF97.8m a year ago.