All articles by Verdict Staff
Verdict Staff
Senior People Moves: January
This month, deputy governor for prudential regulation at the Bank of England and head of the Prudential Regulation Authority (PRA), Andrew Bailey, has been appointed the chief executive of the Financial Conduct Authority (FCA). Here are other big people moves that recently made news
Thomas Miller Investment (Isle of Man) hires new chairman
Thomas Miller Investment (Isle of Man) has named David Thomas as new chairman replacing Ian Jarrett, who will step down from the firm in July 2016.
Deutsche AWM pre-tax income falls 23% in Q4
Deutsche Asset & Wealth Management (Deutsche AWM) has reported fourth quarter income before income taxes of EUR274m, down 23% compared to EUR358m for the same period a year ago.
HSZH Verwaltungs to pay $49m to settle US tax evasion probe
Swiss bank HSZH Verwaltungs has reached a resolution with the US Department of Justice (DoJ) over the tax evasion cases under Category 2 of the department’s Swiss bank programme.
Thomas Miller hires ex-Brown Shipley private banking head as new CEO
Thomas Miller Investment (TMI), a UK-based asset manager, has appointed former Brown Shipley head of private banking Hugh Titcomb as its new CEO.
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Northstar Financial to start operations in Middle East and Africa
Northstar Financial Services (Bermuda) is planning to start its operation in Middle East and Africa by opening a new office in the DIFC.
Brooks Macdonald’s discretionary FuM grow 5.5%
British wealth manager Brooks Macdonald Group said that its discretionary funds under management (FuM) for the half year ended 31 December 2015 increased 5.52% compared to the same period a year ago.
Tilney unveils passive multi-asset range for advisors
Tilney for Intermediaries, a UK-based adviser outsourcing division of Tilney Bestinvest, has introduced a range of five risk-rated, multi-asset funds for advisors.
Banque Heritage buys majority stake in Meridian Wealth Management
Swiss private banking group Banque Heritage has acquired a majority stake in asset manager Meridian Wealth Management.
Santander attibutable profit rises to EUR1.46bn in Q4
Spanish banking group Banco Santander has posted an attributable profit of EUR1.46bn for the fourth quarter of 2015, marginally up compared to EUR1.45bn a year ago.