All articles by Verdict Staff
Verdict Staff
Attica Wealth Management boosts automation with Profiles IMSplus solution
Attica Banks Wealth Management arm has implemented Profiles IMSplus Private Wealth Management solution to boost its automation and improve performance.
MVB Bank launches wealth management solutions unit
US-based MVB Bank has launched MVB Wealth Management Solutions (WMS), a dedicated professional team that will offer one-on-one financial planning to existing and new MVB clients.
European banks shifting focus towards wealth management units
The European financial services organizations are placing an increasing priority on wealth management business as investment banks and other operating divisions becoming less profitable, according to a new research report by Celent.
Gilliat launches structured product to hedge counterparty risk for wealthy clients
Gilliat Financial Solutions, a unit of Arbuthnot Banking Group, has launched a five-year term structured deposit called Multi-Bank Deposit, which according to the company will hedge counterparty risk for wealthy clients by offering them return tied to the stock market instead of interest payments.
Germany, UK to renegotiate tax deal with Switzerland
The UK and Germany have reportedly heeded to EU Taxation Commissioner Algirdas Semeta’s call to renegotiate key parts of anti-tax evasion deal they had signed with Switzerland in August last year.
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Equipos launches new version of Client Communications Suite
Equipos, a US-based provider of client communications and reporting solutions for buy-side investment firms, has launched Coric Client Communications Suite version 9.0.
Societe Generale appoints new COO for private banking, asset management division
Societe Generale has appointed Karim Hajjaji as the chief operating officer of GIMS, the division of Societe Generale Group which comprises private banking, asset management and securities services.
Deutsche Bank to establish new asset and wealth management unit to reduce reliance on investment banking
In a bid to reduce Deutsche Bank’s reliance on volatile profits from investment banking, the bank plans to establish a new business unit called asset and wealth management.
Asia-Pacific surpasses Europe in the number of HNWI
Asia-Pacific is now second only to North America in the number of High Net Worth Individuals (HNWIs), and rising by a conservative 10% year on year, according to a new report published by financial services information provider, VRL.
NFP Advisor Services Group to expand IndeSuite platform
NFP Advisor Services Group will integrate Fidelity Investment’s clearing and custodial services into the groups wealth management platform, IndeSuite, which provides hybrid and independent RIAs access to a broad array of business tools through a single interface.