All articles by Verdict Staff
Verdict Staff
EFG to acquire Luxembourg private banking business of UBI Banca International
Swiss private banking group EFG International has agreed to take over the Luxembourg-based private banking operations of UBI Banca International (Luxembourg) from Unione di Banche Italiane for an undisclosed sum.
Deutsche Bank wealth arm pre-tax income plunges in Q1
The Private, Wealth & Commercial Clients (PW&CC) arm of Deutsche Bank has reported a pre-tax income of EUR71m for the first quarter of 2016, down 82.4% from EUR403m in the year-ago quarter.
Vontobel Wealth Management appoints new executive director in Hong Kong
Vontobel Wealth Management Asia Pacific, a division of Swiss asset and wealth manager Vontobel Holding, has appointed Joannes Ho as its new executive director and senior relationship manager in Hong Kong.
Barclays attributable profit slides 7% in Q1
British banking group Barclays has reported an attributable profit of £433m for the first quarter of 2016, down 6.9% compared to £465m a year ago.
CISI names new head of financial planning
The Chartered Institute for Securities & Investment (CISI) has named Campbell John Edgar as its new head of financial planning and Jacqueline Lockie as its new deputy head of financial planning.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Kames Capital bolsters its mixed asset funds range
UK fund management group Kames Capital has introduced a global diversified income fund that aims to offer sustainable income and capital growth to investors.
Standard Chartered pre-tax profit plummets 59% in Q1
Standard Chartered has reported a pre-tax profit of $589m for the first quarter of 2016, a decrease of 59.2% compared to $1.44bn in the year-ago quarter.
Bank of the West opens new Pasadena wealth management centre
Bank of the West has opened a new wealth management centre in Pasadena to serve HNW individuals, affluent families and business owners in the region.
Saxo Bank names new COO of global sales
Danish multi-asset service provider Saxo Bank has recruited Jeff Zorek to the newly created role of chief operating officer (COO) of global sales.
Axioma sets up new office in Japan
Axioma, a provider of risk management and portfolio construction solutions to financial organisations, has expanded its footprint by launching a new office in Tokyo, Japan.