All articles by Verdict Staff

Verdict Staff

ANZ registers 4% rises in Q1 profit

Australia & New Zealand Banking Group (ANZ) has posted cash profit of A$1.85bn ($1.31bn) for the first quarter of fiscal 2016, a rise of 4% compared to the year ago quarter.

ABN AMRO private banking unit’s underlying profit surges in Q4

The private banking arm of Dutch lender ABN AMRO has posted an underlying profit of EUR26m for the fourth quarter of 2015, up 73% compared to EUR15m a year ago due to higher operating income.

Arbuthnot Latham hires new director of private banking in Dubai

Arbuthnot Latham & Co, the private banking and wealth management unit of Arbuthnot Banking Group, has hired Ian Street as new director of private banking for its international office in Dubai.

BBVA Global Wealth implements Avaloq’s BPO solution

BBVA Global Wealth, a Zurich-based international private banking unit of the BBVA Group, has implemented a BPO solution based on the Avaloq Banking Suite.

Candriam Investors makes senior hires for UK push

Candriam Investors Group, a pan-European multi-specialist asset manager, has beefed up its UK presence by hiring Chris Davies as new head of UK distribution, and Derek Brander as head of UK wholesale.

Wealth manager CFS partners with University of Technology Sydney on analysis and insights

Australian wealth management firm Colonial First State (CFS) and University of Technology Sydney (UTS) have agreed to collaborate to better understand how Australians engage with their superannuation and wealth.

Oracle Capital teams up with HNW insurance provider

Oracle Capital Group, a global independent multi-family office and wealth management company, has entered into a partnership with UK-based specialist HNW broker Portcullis Private Client.

Morgan Stanley adds new fixed income process to manager selection tool box

Morgan Stanley Wealth Management has introduced a new manager analysis screening and scoring process for fixed income developed through its global investment manager analysis team (GIMA).

Close Brothers Asset Management opens new office in Gatwick

Close Brothers Asset Management (CBAM) is set to open a new office in Gatwick in a move to expand its presence in UK.

IFP Plan Advisors creates new Retirement Resource Desk for advisors

IFP Plan Advisors, a unit of hybrid RIA Independent Financial Partners (IFP) in Florida, has created a new team of specialists to support the reporting and business development needs of its advisors.