All articles by Verdict Staff

Verdict Staff

London & Capital offloads adviser solutions business to Momentum UK

London & Capital (L&C), an independently-owned wealth manager, has divested its adviser solutions business to Momentum, the UK arm of South African financial services firm MMI Holdings.

Macquarie unveils new robo-advice service for investors

Australia’s Macquarie Group has launched a new robo-advice service called OwnersAdvisory, which provides custom online portfolio advice to investors.

Credit Suisse Asset Management invest in data provider Koverse

Credit Suisse Asset Management has made a strategic investment in privately owned data big data provider Koverse.

Canadian Western Bank launches wealth management venture

Canadian Western Bank (CWB) has launched CWB Wealth Management, a new venture to offer financial planning, advisory and wealth management services.

SEI hires new Asia asset management distribution head

SEI, a US-based investment processing solutions provider, has appointed Brent Bell as new head of asset management distribution (AMD) for Asia.

Jersey Financial Services signs MoU with Abu Dhabi’s Financial Authority

The Jersey Financial Services Commission (JFSC) has signed a memorandum of understanding (MoU) with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to allow the regulatory authorities to cooperate on supervisory matters.

Call for Nominations – Private Banker International Europe 2016 Awards

Engineered to recognise the best-in-class institutions and those individuals making the biggest impact within the UK and European private banking markets, nominations are now open for the Private Banker International Europe 2016 Awards.

Credit Agricole private banking unit reports 6.8% rise in AuM

Credit Agricole said that assets under management (AuM) at its private banking business reached EUR151bn at end of 2015, up 6.8% compared to EUR141.4bn a year ago driven by strong business momentum and a favourable currency effect.

Northern Trust names institutional sales and distribution head for North America

Northern Trust Asset Management has appointed John Abunassar as new head of sales and distribution in North America for the Institutional Group.

Lombard International hires new CEO for Europe

Lombard International, a provider of wealth structuring solutions, has appointed Axel Horger as its new CEO for Europe.