All articles by Verdict Staff

Verdict Staff

Nomura to trim European and Americas operations

Japanese banking giant Nomura has unveiled plans to close certain businesses in EMEA and rationalize operations in Americas.

Majority of HNWIs in Europe plan to relocate in next decade: NPG Wealth Management

About 41% of high-net-worth-individuals (HNWI) in Europe have shifted to a new country during the last decade, while over 50% intend to relocate within the next 10 years, according to a report by NPG Wealth Management.

JPMorgan Q1 net income slides 7%

JPMorgan Chase has reported a net income of $5.52bn for the first quarter of 2016, a fall of 6.7% compared to $5.91bn in the prior year.

Prydis sets up new office in Manchester

Prydis, a wealth management and accountancy group based in Exeter, has expanded its footprint by launching a new office in Manchester.

Prospera Financial launches new advisor platform

Independent broker-dealer Prospera Financial Services has introduced a new advisor software tool, dubbed COREngine.

Cantab Capital selects INDOS Financial to provide depositary services

Cantab Capital Partners has selected UK’s INDOS Financial to provide depositary services for its two quantitative hedge funds.

Exencial Wealth Advisors takes over Netting & Pace

Oklahoma-based wealth manager Exencial Wealth Advisors has acquired San Antonio’s accounting and wealth management firm Netting & Pace, CPAs.

Succession takes over advice firm Michael Moore Life & Pensions

British consolidator Succession has purchased Buckinghamshire-based IFA Michael Moore Life & Pensions (MMLP) in a deal valued at £5.3m.

Barings names new director of fixed income and currency research

Baring Asset Management (Barings) has hired Brian Mangwiro as its new director of fixed income and currency research.

BNY Mellon appoints new EMEA markets business head

The Bank of New York Mellon (BNY Mellon) has named Richard Gill as head of its Markets group in Europe, the Middle East and Africa.