All articles by Verdict Staff
Verdict Staff
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.
KBL epb annual net profit surges 22%
Luxembourg-based KBL European Private Bankers (KBL epb), the parent company of UK-based Brown Shipley, has reported a net profit of EUR81m for 2015, a rise of 22% compared to the prior year.
State Streets first quarter income slumps by 14%
State Street has posted a net income available to common shareholders of $319m for the first quarter of 2016, down 14.5% compared to $373m in the corresponding quarter of 2015.
Schroders rolls out total return commodity fund
Schroders has launched a new fund, dubbed Schroder Alternative Solutions Commodity Total Return, which will offer commodities exposure with a flexible approach.
Lloyds pre-tax profit plunges 46% in Q1
Lloyds Banking Group has reported a statutory profit before tax of £654m for the first quarter of 2016, a fall of 46.1% compared to £1.21bn a year earlier.
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NBAD profit plunges 11% in Q1; revenues at global wealth unit dips
National Bank of Abu Dhabi (NBAD) has posted a net profit of AED 1.27bn for the first quarter of 2016, down 10.7% compared to AED1.42bn in the year-ago quarter.
Barclays in negotiations with AnaCap to offload French retail and wealth businesses
Barclays has confirmed that it is in exclusive talks with private equity firm AnaCap Financial Partners for the sale of its retail banking, wealth, and investment management operations in France.
Schroders Q1 profit slides 3%
British fund manager Schroders has posted a total profit before tax and exceptional items of £144.5m for the first quarter of 2016, down 3.4% compared to £149.6m a year ago.
Santander Q1 profit slides 5% to EUR1.63bn
Spanish banking group Banco Santander has reported an attributable profit of EUR1.63bn for the first quarter of 2016, down 4.9% from EUR1.71bn a year ago.
US, Panama ink data exchange agreement
In order to crack down on tax evasion, the US has signed a data exchange agreement with Panama that will allow the Internal Revenue Service to access information on bank accounts of US citizens in Panama.