All articles by Verdict Staff

Verdict Staff

State Street Global Advisors hires head of SPDR ETF business in Canada

State Street Global Advisors (SSGA), the asset management arm of State Street, has recruited Bobby Eng to the newly created role of head of SPDR ETF Business Development in Canada.

Raymond James opens office in Manchester

Raymond James Financial has expanded its footprint in the UK by opening an office in Manchester.

Gap exists between what advisors do and what Americans think they do

According to a survey conducted by Harris Poll on behalf of McAdam knowledge gap exists between what Americans think financial advisors do and the roles that they actually play.

Brown Shipley appoints new private banking head

British wealth manager Brown Shipley has appointed Guy Healey as its new head of private banking.

Lombard International hires CEO for US business

Lombard International, a provider of wealth structuring solutions for the high net worth market, has named Michael Gordon as the new CEO of its US business.

Societe Generale registers 6% rise in Q1 net income

French lender Societe Generale has reported a net income of EUR924m for the first quarter of 2016, up 6.5% compared to EUR868m in the year-ago quarter.

Aegon to take over BlackRock’s UK defined contribution business

Dutch insurer Aegon has agreed to acquire BlackRock’s defined contribution platform and administration unit in the UK for an undisclosed sum.

Standard Life to snap up Axa’s UK wealth management platform

Standard Life Savings, a subsidiary of Standard Life, has agreed to take over Axa’s UK wealth management platform, known as AXA Elevate.

Aberdeen Asset Management H1 profit plummets 40%

Aberdeen Asset Management has posted underlying pretax profit of £162.9m for the first half ended 31 March 2016, a slump of 40% compared to £270.2m a year ago.

PNC taps AxiomSL to meet regulatory reporting requirements

American lender PNC Financial Services has tapped AxiomSL’s platform to meet regulatory and risk management requirements.