All articles by Verdict Staff

Verdict Staff

KBL European Private names new research and strategy head

Luxembourg-based KBL European Private Bankers (KBL epb), parent of UK-based Brown Shipley, has hired Kevin Doran, as new head of research and strategy.

CBA H1 cash profit rises 4% to A$4.8bn

Commonwealth Bank of Australia (CBA) has reported a cash profit of A$4.8bn for the first half ended 31 December 2015, a rise of 3.9% compared to A$4.62bn in the year ago period.

Barclays names JPMorgan’ executive as new COO

Barclays has named JPMorgan’s chief administrative officer Paul Compton as its new group COO, effective May 2016.

Equity Trustees expands private philanthropy business in Australia

Equity Trustees has hired Emma Pritchard as a new research and evaluation manager to oversee its growing private philanthropy in Australia.

Deutsche Bank CEO allay fears over financial stability, says bank ‘rock-solid’

In a bid to reassure investors and staff on the bank’s financial stability amid a continuing sell-off in the bank’s shares, Deutsche Bank CEO John Cryan said that the lender “remains rock-solid” with a strong capital and risk position.

Investment management executives eyeing M&A to grow customer base in 2016: KPMG

More than three quarters of investment management executives are planning to boost mergers and acquisitions (M&A) activity in 2016 to grow their customer base and expand geographic reach, according to KPMG annual M&A survey.

SEI bolsters Canadian team with new hires

SEI has hired Tom Reimer as new director of institutional sales for its institutional group as well as Michael Theodor as director of business development for the asset management distribution unit.

Vescore implements SimCorp’s integrated front to back platform

Swiss asset manager Vescore has implemented SimCorp’s integrated front to back solution SimCorp Dimension to enhance its institutional client business.

Two Seas Trust renamed as Eilan Middle East

Bahrain-based Two Seas Trust, a JV between Elian Fiduciary Services (Jersey) and Keypoint, has renamed itself as Elian Middle East.

U.S. Capital Advisors bolsters wealth management team

U.S. Capital Advisors (USCA) has appointed Joseph Klein, Stephen Hines, and Doug Masterson as managing directors in its wealth management unit.