All articles by Verdict Staff

Verdict Staff

Succession Advisory Services reports profits for 2012

UK-based Succession Advisory Services Limited (Succession), the wealth management group, fund consolidator and platform operator has reported pre-tax profits of GBP1.4 million for the year ending 31 December 2012.

Kuber Ventures Appoints Advisor to Management Team

UK-based Kuber Ventures has appointed Brett Williams in an advisory role to the senior management team. Williams has acted as chief executive of both Skandia UK and Cofunds.

Investment company sector breaks £100 billion milestone for first time

The investment company sector has broken the £100 billion milestone for the first time, according to figures released today by the Association of Investment Companies (AIC).

Vistra strengthens Swiss operations

Vistra announced today that it has acquired Althea, a privately owned trust and corporate services provider in Geneva

Companies worldwide concerned about risk management preparedness: survey

Companies across the globe are concerned regarding their risk management programs, with nearly half (45%) reporting that their programs required substantial work, according to a new survey report by KPMG.

Piper Jaffray posts profit in Q4

Piper Jaffray Companies has reported net income from continuing operations was $15.6m, or $0.88 per diluted common share, compared to non-GAAP net income from continuing operations of $2.4m or $0.13 per diluted common share, in the year-ago period.

Caitriona Fay Joins Perpetual’s Philanthropy Business

Perpetual Private, the wealth advice arm of Perpetual Limited, has appointed Caitriona Fay as its new Philanthropic Services Manager. Ms Fay joins Perpetual from The Ian Potter Foundation, where she held the role of Senior Program Manager.

Genworth Wealth Management launches turnkey offering in GPS Select Solution

US-based Genworth Financial Wealth Management (GFWM) has introduced a suite of new multi-strategist solutions.

IRS authorized to seek data of tax evaders with Wegelin

A US Judge has authorized the Internal Revenue Service (IRS) to seek records from Swiss bank UBS of those US taxpayers who are suspected of hiding their income in accounts with Swiss bank Wegelin.

SEB: Full Year – Operating profit SEK 14,235m (14,953); Fourth quarter – Operating profit SEK 2,839m (3,061)

Excluding communicated items of a one-time character (22 January), operating profit amounted to SEK 4.0bn (SEK 3.3 bn in the fourth quarter of 2011) and the full year operating profit was SEK 15.4bn (15.0)