All articles by Verdict Staff
Verdict Staff
Walker Crips pre-tax profit doubles
UK-based wealth management firm Walker Crips has reported a pre-tax profit of £0.94m for the year ended 31 March 2016, compared to £0.44m a year ago.
UBP expands convertible bonds team
Union Bancaire Privee (UBP) has appointed Cristina Jarrin as senior portfolio manager for its convertible bonds team based in Paris.
Investor confidence drops marginally ahead of Brexit poll: State Street
State Street Global Investor Confidence Index (ICI) for June 2016 decreased to 105.9, down 0.1 points compared to Mays revised reading of 106.
CIBC to purchase Chicago-based PrivateBancorp
Canadian Imperial Bank of Commerce (CIBC) has agreed to acquire Chicago-based PrivateBancorp and its subsidiary, The PrivateBank- a middle market commercial bank with $17.7bn, in a deal worth $3.8bn.
BoE pumps £3.1bn into UK’s banking system
The Bank of England has infused £3.1bn into the country’s banking system after Britain’s decision to exit the European Union (EU).
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SEC appoints new co-chief of asset management unit
The Securities and Exchange Commission (SEC) has appointed C. Dabney ORiordan as the new co-chief of the Division of Enforcement’s Asset Management Unit, replacing Marshall Sprung who departed from the agency in April 2016.
RBS warns staff of economic uncertainties after Brexit
The CEO of Royal Bank of Scotland (RBS) Ross McEwan has warned the group’s staff that UK’s decision to exit the European Union could create economic uncertainties.
LGT Vestra renews contract with JHC Systems for FIGARO wealth management solution
LGT Vestra, a provider of wealth management solutions, has renewed a contract with JHC Systems to keep the latters wealth management solution FIGARO as its core business system.
SWIFT launches KYC Adverse Media service
Belgium-based SWIFT has introduced a news service integrated into its KYC Registry, a repository that maintains a standardised set of information about financial institutions required for KYC compliance.
AES International sets up office in Dubai
UK-based AES International has opened a new office at Dubai International Financial Centre (DIFC) after securing a license from the Dubai Financial Services Authority (DFSA).