All articles by Verdict Staff
Verdict Staff
HSBC full-year pre-tax profit flat at $18.87bn
British banking giant HSBC has reported a pre-tax profit of $18.87bn for the year ended 31 December 2015, a marginal rise compared with $18.68bn a year ago.
Hargreaves equity head exits as London office shuts
British investment manager Hargreaves Lansdown equity head Richard Hunter and equity analyst Keith Bowman have left the firm as the firm is shutting its London office.
United Capital acquires digital financial planning tool FlexScore
United Capital, a US-based advisory firm, has acquired FlexScore, an online platform that produces a single number to represent a consumer’s financial health.
Deutsche Bank hires new CEO for Middle East and Africa
Deutsche Bank has hired Jamal Al Kishi as its new CEO for Middle East and Africa, replacing Ashok Aram.
Investec expands presence in Ireland with new Munster office
Investec, a specialist bank and wealth and investment manager, has opened a new Munster office in Cork city in a move to strengthen its presence in Ireland.
EFG to acquire BSI from Brazilian group BTG Pactual
EFG International has agreed to acquire Swiss bank BSI from Brazils Grupo BTG Pactual in a cash and shares transaction valued at CHF1.33bn.
EY bolsters wealth & asset management practice
Consulting firm EY has hired John Flood as new wealth & asset management advisory leader for its UK financial services practice.
Index Fund Advisors opens new office in Austin
Index Fund Advisors (IFA), an Irvine, California-based wealth management firm, has opened a new office in Austin, Texas.
Zurich to offload its 25% stake in Openwork
Insurer Zurich has agreed to sell its 25% stake in advice network Openwork over the next four years.
KPMG bolsters its wealth management business
KPMG, an audit, tax and advisory firm, has hired David Bardsley and Richard Watts as new directors for its wealth management and superannuation advisory business.