All articles by Verdict Staff
Verdict Staff
Tilney Bestinvest acquires Towry for £600m
UK-based wealth manager Tilney Bestinvest has agreed to acquire local rival Towry from majority shareholder Palamon Capital Partners in a £600m deal.
Barclays concludes sale of retail, wealth, insurance businesses in Portugal
Barclays Bank has wrapped up the sale of its retail banking, wealth and investment management and a part of its corporate banking operations in Portugal to Spains Bankinter.
European banks overall optimism falls to its lowest level since 2012: EY
Overall optimism among banks in Europe has dropped to its lowest level since 2012, a period considered to be the peak of Eurozone debt crisis, according to a survey by EY.
Julius Baer raises stake in Kairos Investment Management to 80%
Swiss private banking group Julius Baer has completed the acquisition of an additional 60.1% stake in Kairos Investment Management for EUR276m.
Citi Private Bank names regional manager for Northern California, Pacific Northwest markets
Citi Private Bank has expanded the management responsibilities of its regional market manager for the Pacific Northwest market Hoyt Gier to manage the companys Northern California and Pacific Northwest markets.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Amundi subsidiary CPR Asset Management gets new CEO
CPR Asset Management, a subsidiary of French group Amundi, has named Valerie Baudson as its new CEO.
ICBC sets up Asia Pacific Business
Industrial and Commercial Bank of China (ICBC) has launched its Asia Pacific Business to develop its business in Asia, Australia and New Zealand.
Danske Bank names new head for wealth management business
Danish lender Danske Bank has appointed Tonny Thierry Andersen as new head of its new wealth management unit, effective 1 April 2016.
Wiener Privatbank closes purchase of Valartis Bank (Austria)s banking operations
Wiener Privatbank, a private bank based in Vienna, has completed the acquisition of the banking operations of Valartis Bank (Austria).
Giant data leak of financial records in Panama exposes tax havens of global leaders
A massive leak of 11.5 million tax documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama, has exposed the secret offshore dealings of worlds most prominent leaders, politicians and celebrities including Russian president Vladimir Putin, Chinese president Xi Jinping, Pakistan prime minister Nawaz Sharif, and footballer Lionel Messi.