All articles by Verdict Staff

Verdict Staff

Intesa Sanpaolo opens private banking branch in London

Italian lender Intesa Sanpaolo has expanded its presence in UK by opening a new private banking branch in London.

Old Mutual hires South Africa’s former financial minister

Old Mutual has hired South Africa’s former finance minister Trevor Manuel as a non-executive director and member of the board risk committee of the Old Mutual Board, effective from 1 January 2016.

Structured products firm Hilbert Investment forays into UK market

French structured products provider Hilbert Investment Solutions has received approval from the Financial Conduct Authority (FCA) to sell products in the UK.

Raymond James to buy Deutsche Bank’s US private client services unit

Raymond James Financial has signed a definitive asset purchase agreement to buy the US Private Client Services unit (PCS) of Deutsche Asset & Wealth Management (Deutsche AWM).

Old Mutual Wealth to become principal partner of England Rugby

Old Mutual Wealth has entered into four-year partnership to become a principal partner of England Rugby from 2016.

Wealth of US HNWIs rose over a trillion dollars in 2014: Capgemini study

The population of high-net-worth-individual (HNWI) in the US rose by 8.6% to reach 4.4 million in 2014 and their overall wealth increased by 9.4% to reach $15.2 trillion, maintaining its status as the largest HNWI market globally, according to the US Wealth Report 2015 released by Capgemini.

SHCIL, ArthaYantra to launch online wealth management advisory services

Stock Holding Corporation of India (SHCIL) has partnered with online financial planning firm ArthaYantra to offer online wealth management services, currently limited to the HNWIs, to India’s middle income group.

Northern Trust to acquire institutional brokerage firm Aviate Global

Northern Trust has agreed to acquire Aviate Global, an institutional-focused equity brokerage firm in the UK, for an undisclosed sum.

Investec Wealth hires new senior investment director for Glasgow

Investec Wealth & Investment (IW&I) has named Cameron Kinnaird as new senior investment director for its Glasgow office.

Cowgill Holloway buys Jacobs Financial to expand wealth management business

UK-based accountancy firm Cowgill Holloway has purchased Yorkshire-based Jacobs Financial Group (JFGL) for more than £1m in a move to strengthen its wealth management practice.