All articles by Verdict Staff
Verdict Staff
Family first: Growing significance of family offices in the Middle East
According to the RBC Capgemini World Wealth Report, the high net worth individuals population in the Middle East rose by 7.7% between 2013 and 2014 and their wealth rose 8.2%. The regional family office sector has some catching up to do quantitatively and qualitatively, writes Paul Golden
Janus Capital names new COO
US-based investment firm Janus Capital has hired Chris Justice as new chief operating officer and head of its European operations.
AxiomSL opens office in Poland
AxiomSL, a provider of regulatory reporting and risk management solutions, has expanded its European presence by opening a new office in Wroc?aw, Poland.
Whitechurch to launch new range of ethical portfolios
Whitechurch Securities has joined forces with Ethical Screening to launch a new range of ethical investment portfolios on 1 March 2016.
RBC wealth arm posts 32% rise in Q1 net income
The wealth management arm of Royal Bank of Canada (RBC) has posted a net income of C$303m for first quarter ended 31 January 2016, up C$73m or 32% compared to the year ago quarter.
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KBL Switzerland migrates to Avaloqs BPO solution
KBL Switzerland has migrated to Avaloqs BPO solution (previously B-Source), based on the Avaloq Banking Suite.
St James’s Place annual profit before tax drops 17%
British wealth manager St. James’s Place (SJP) has posted an IFRS profit before shareholder tax was £151.3m, down 17% from £182.9m in 2014.
PIMCO names new MD and head of client analytics
PIMCO, a US-based investment management firm, has named Jamil Baz as new managing director and head of client analytics, effective from 2 May 2016.
Standard Chartered private banking unit operating income slides 9%
The private banking arm of Standard Chartered has posted an operating income of $557m for the year ended 31 December 2015, a decline of 9% compared to $612m a year ago.
Calastone unveils global fund distribution solution
Calastone, a UK-based funds transaction network, has introduced a new global market intelligence solution that will offer fund managers detailed insight and transparency into their global fund distribution and help client firms comply with changing regulations.