All articles by Verdict Staff
Verdict Staff
Abu Dhabi Commercial Bank unveils new private banking proposition
Abu Dhabi Commercial Bank (ADCB ) has rolled out a new private banking proposition to offer banking and wealth management solutions for high-net-worth customers.
HSBC decides to keep its headquarters in UK
Banking giant HSBC has decided to remain headquartered in the UK following an extensive review by its board of directors.
Vontobel net profit surges 34% to CHF180m
Swiss asset and wealth manager Vontobel has posted a group net profit of CHF180.1m for the year ended 31 December 2015, an increase of 34% compared to CHF134.5m in the year ago period.
Ashmore Group H1 pre-tax profit plunges 43%
British investment manager Ashmore Group has reported profit before tax of £62.7m for six months ending 31 December 2015, a 43% decrease compared to £110.7m a year ago.
Vistra Group to buy business expansion services provider Nortons Group
Vistra Group, a provider of corporate, trust and fund administration services, is set to acquire UK-based business expansion services provider Nortons Group for an undisclosed sum.
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Bordier & Cie creates lab to develop new investment solutions
Swiss private bank Bordier & Cie has created a new ideas lab called Bordier FinLab, to enhance its expertise in innovation and new investment solutions.
Novia Global inks distribution agreements with raft of businesses
Novia Global has signed distribution agreements with Global Wealth Management Solutions, DV Global and UFC Fund Management.
DBS, OCBC and Julius Baer vie for Barclays Asian private wealth business
Singapores DBS Group and OCBC as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays Asian private wealth business.
Royal London Asset Management hires new wholesale head
Royal London Asset Management (RLAM) has named Phil Reid as new head of wholesale.
Prydis to launch new discretionary fund management business
Wealth management and accountancy group Prydis has unveiled plans to launch a new discretionary fund management business in April 2016.