All articles by Verdict Staff
Verdict Staff
OCBC Bank opens new fintech division
Singapores OCBC Bank has set up a new financial technology unit known as The Open Vault at OCBC.
Azimuts Australian subsidiary to purchase Empowered Financial Partners
AZ Next Generation Advisory (AZ NGA), the Australian arm of Azimut, has agreed to acquire the entire capital of Empowered Financial Partners (EFP) for A$2.8m.
UBS Wealth creates new team to focus on trading strategies
The wealth management unit of UBS has formed a new division to focus on trading strategies.
Amundi launches Europe-focused smart beta fund
Amundi ETF has rolled out a multi smart beta ETF which will offer investors exposure to European equities.
VP Bank Group net income rises to CHF64m in FY2015
Liechtenstein-based private bank VP Bank Group has posted a net income of CHF64m for the 2015 financial year, compared to a net income of CHF20m in 2014.
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Northern Trust Asset Management unveils new generation of target date retirement funds
Northern Trust Asset Management, the US-based investment manager to institutional and private investors, has introduced a new generation of target date retirement funds, called Life Engineered Funds.
Ameriprise wealth arm posts lower Q4 pre-tax operating earnings
The advice & wealth management arm of the Ameriprise Financial has reported pre-tax operating earnings of $210m for the fourth quarter of 2015, down marginally compared with $212m a year ago.
City National Bank hires new lead for private client services in New York
City National Bank, a US subsidiary of Royal Bank of Canada, has hired Brandon Williams to lead and expand its Private Client Services in New York, replacing Scott Witter.
Goldman Sachs to launch 13 investment funds for retail investors in Singapore
Goldman Sachs Asset Management (GSAM) is planning to launch 13 investment funds for retail investors in Singapore in the first quarter of 2016.
Hargreave Hale bolsters London team with new hire
Hargreave Hale, a UK based stockbroking and investment management firm, has expanded its London team by appointing Marcus Low as investment manager.