All articles by Verdict Staff

Verdict Staff

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.

Commerzbank swings to profit in Q4

German lender Commerzbank has reported an attributable net profit of EUR187m for the fourth quarter of 2015, compared to a loss of EUR280m in the year ago quarter.

Evercore launches new venture, Evercore Trust Company of Delaware

Evercore, an investment banking advisory firm, has expanded its fiduciary capabilities with the launch of a new business called Evercore Trust Company of Delaware.

LIFT-Financial chooses AJ Bell as its primary platform

LIFT-Financial, a chartered financial planner in the UK with assets under advice of £900m, has selected AJ Bell as its primary platform provider.

Societe Generale net income jumps 20% in Q4

French lender Societe Generale has reported a net income of EUR656m in the fourth quarter of 2015, a rise of 19.5% compared to EUR549m in the year-ago quarter.

AJ Bell introduces cash management tools for financial advisors

AJ Bell, a UK-based financial services firm, has introduced a new suite of cash management tools for financial advisers on its Investcentre platform.

RBS poaches new private banking chief from JPMorgan

Royal Bank of Scotland (RBS) has appointed Peter Flavel as CEO of private banking, responsible for Coutts & Co and Adam & Company.

Matthews Asia signs up to the UN Principles for Responsible Investment

Investment firm Matthews Asia has signed up to the United Nations-supported Principles for Responsible Investment (UN PRI).

Scalable Capital receives approval to commence operations in UK

Scalable Capital, a Germany-based digital investment manager, has received approval from the UK’s Financial Conduct Authority (FCA) to launch its services in the country.

Avaloq becomes sole owner of its Swiss BPO centre

Avaloq has agreed to acquire BSI SA’s remaining interest in B-Source SA. The deal makes Avaloq the sole owner of its Swiss BPO centre.