All articles by Verdict Staff

Verdict Staff

Societe Generale to axe 125 jobs; private banking untouched

In a bid to bolster profitability, French banking group Societe Generale is set to shed around 125 jobs in France, mostly in trading operation but private banking business will not be affected by this move.

Canaccord Genuity Wealth Management teams up with Credit Suisse Asset Management

Canaccord Genuity Wealth Management in Canada has joined forces with Credit Suisse Asset Management (CSAM) to provide its high net worth investors investment tools and access to the CSAM Capital Discipline Strategies in Canada.

Cazenove Capital Management names new CIO

Cazenove Capital Management, the wealth management arm of Schroders, has appointed Architas’ Caspar Rock as its new chief investment officer (CIO).

Northern Trust Asset Management names new APAC head

Northern Trust has named John McCareins as the new managing director of its asset management business in Asia-Pacific (APAC).

ZEDRA opens new office in Hong Kong

ZEDRA, a specialist in trust, fiduciary, corporate and fund services, has expanded its presence in Asia by opening a new office in Hong Kong.

National Bank recruits new wealth management head

National Bank has named Martin Gagnon as its new head of wealth management and co-president and co-CEO of its subsidiary National Bank Financial.

Legal & General bolsters retirement range

UK-based Legal & General Investment Management (LGIM) has introduced the real income builder fund to serve investors planning for retirement.

Leeds’ wealth manager Lawrence Scoffield to merge with local law firms

Lawrence Scoffield Group, a Leeds-based wealth management firm, has agreed to merge with local law firms Progeny Law and Mark Burns Legal Services.

Stone Point to purchase NFP Advisor Services

Private equity firm Stone Point Capital has agreed to acquire NFP Advisor Services from insurance broker NFP for an undisclosed amount.

Peregrine Guernsey chooses Northern Trust as global fund administrator

Peregrine Guernsey has selected Northern Trust as its global custody and fund administration services provider.