All articles by Verdict Staff
Verdict Staff
ANZ to axe 200 jobs due to sluggish economy
The Australia and New Zealand Banking Group (ANZ) has decided to cut 200 jobs from its local workforce in response to sluggish economy.
Rathbones Brothers FUM rise to £29.3bn in Q1
British wealth manager Rathbones Brothers’ total funds under management (FUM) stood at £29.3bn at the end of first quarter of 2016, up 1.4% compared to £28.9bn in the prior year.
Fairstone Group to take over First Financial Management
Fairstone Group, a UK-based chartered financial planning firm, has agreed to acquire Northern Irish advisory firm First Financial Management (NI).
ICBC London expands use of AxiomSL platform
Industrial and Commercial Bank of China (ICBC) (London) has extended its deal with AxiomSL to use the platform for additional regulatory reporting requirements.
European investors expect equities to be best-performing asset classes
JPMorgan Private Banks latest Private Client Survey has revealed that European investors expect private equity to be the best-performing asset class and European equities to take lead over US equities in 2016.
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Manulife AM makes senior distribution appointments for UK, Ireland
Manulife Asset Management has appointed Martin Powis and Alan Burnett to senior distribution roles in the UK & Ireland.
CIBC Asset Management introduces new solution for affluent investors
CIBC Asset Management has rolled out Renaissance Private Investment Program (RPIP), a tailor-made solution designed to meet the needs of affluent investors.
ICBC to acquire Barclays secret London bullion vault
China’s ICBC Standard Bank has agreed to buy Barclays’ London bullion vault, which can store up to 2,000 metric tons in gold, silver, platinum and palladium.
Financial advisors primarily focus on attracting Baby Boomers: Survey
Financial advisors are more focused on attracting Baby Boomer than any other generation as their future clients, according to data released D.A. Davidson & Co.’s Individual Investor Group.
Mercer launches Mercer Jelf Financial Planning brand
Consulting firm Mercer, a wholly owned subsidiary of Marsh & McLennan Companies, has launched Mercer Jelf Financial Planning brand in the UK.