All articles by Verdict Staff

Verdict Staff

Credit Suisse International Wealth Management hires deputy global CIO

Credit Suisse has appointed Burkhard Varnholt as the new deputy global CIO in Investment Solutions & Products (IS&P) in its international wealth management arm.

UBS appoints ex-Commerzbank CEO as head of Swiss operations

Swiss banking giant UBS has appointed former Commerzbank CEO Martin Blessing as president of UBS Switzerland, replacing Lukas Gaehwiler.

Columbia Threadneedle Investments to acquire Emerging Global Advisors

Columbia Threadneedle Investments, the global asset management arm of Ameriprise Financial, has agreed to acquire Emerging Global Advisors (EGA), a provider of smart beta portfolios focused on emerging markets.

Schroders names new global wealth management head

British fund manager Schroders has appointed Andrew Ross, the current CEO of Cazenove Capital Management, as its new global head of wealth management.

Morgan Stanley rolls out new ultra-short income fund

Morgan Stanley Investment Management, the asset management arm of US banking giant Morgan Stanley, has unveiled a new ultra-short income fund aimed at cash investors.

Deutsche Bank appoints new wealth management head for Americas

Deutsche Bank Wealth Management has hired Patrick Campion as its new head of wealth management in the Americas.

Fortnum Financial picks up ex-Guardian Advice practice

Fortnum Financial Advisers, a non-institutionally owned dealer group in Australia, has signed up former Guardian Advice practice Griffin Financial Services as its authorised representatives.

Raiffeisen Bank International net profit surges 37% in Q1

Austrian lender Raiffeisen Bank International has reported a net profit of EUR114m for the first quarter of 2016, a surge of 37.3% from EUR83m a year ago.

ABN AMRO private banking unit underlying profit slumps 50% in Q1

The private banking arm of Dutch lender ABN AMRO has posted an underlying profit of EUR43m for the first quarter of 2016, down 50% compared to EUR87m in the year-ago quarter.

Credit Suisse appoints new global head of asset management

Credit Suisse has named its investment banking executive Eric Varvel as global head of asset management, effective 1 June 2016.