All articles by Verdict Staff
Verdict Staff
Westpac H1 profit rises 3% to A$3.7bn
Australian banking group Westpac has reported a statutory net profit of A$3.70bn for the first half of fiscal year 2016, an increase of 3% compared to the year ago period.
International Private Banking Systems joins forces with eShore
International Private Banking Systems, a wealth management technology provider for the private banking sector, has teamed up with Cayman-based IT service provider eShore to market and sell its flagship product IPBS system in various international offshore financial centres.
Legg Mason operating income plunges in Q4
Legg Mason, a US-based investment management firm, has posted an operating income of $33.9m for the fourth quarter of fiscal year 2016, a fall of 73.7% compared to $128.9m a year ago.
Nicola Wealth Management opts for SS&C Technologies as fund administrator
Nicola Wealth Management, a Canadian asset fund management and private investment counsel firm, has chosen fintech provider SS&C Technologies Holdings to deliver fund administration services for about $4bn in assets under management (AUM).
Julius Baer changes front office management line up in UK, Ireland
Swiss private banking group Julius Baer has made several changes to its front office management team in the UK and Ireland.
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Ameriprise advice & wealth unit pre-tax operating earnings slide in Q1
The advice & wealth management arm of Ameriprise Financial has reported pre-tax operating earnings of $205m, a fall of 2% compared to $210m in the year-ago quarter.
Fiducian Group to take over Perth-based financial planning businesses
Australian financial services firm Fiducian Group has agreed to acquire Perth-based financial planning businesses with $46m in funds under advice for a cash consideration of $1.2m.
RBS private banking arm profit plunges in first quarter
The private banking arm of Royal Bank of Scotland (RBS) has posted an operating profit of £10m for the first quarter of 2016, down 77.2% from £44m a year ago.
Bank of the West opens new wealth management centre in New Mexico
Bank of the West, part of BNP Paribas’ global wealth management business, has opened a new wealth management centre in Albuquerque to expands its presence in New Mexico.
Standard Life Investments appoints new country head for Japan
British asset manager Standard Life Investments has appointed Neil Slater as new CEO and representative director of its newly opened Tokyo office.