All articles by Verdict Staff
Verdict Staff
Societe Generale negotiates acquisition of Kleinwort Benson Wealth Management with Oddo & Cie
Societe Generale has negotiated a binding offer with French independent financial services company, Oddo & Cie, for the acquisition of Kleinwort Benson Wealth Management, the UK and Channel Islands wealth management entities of BHF Kleinwort Benson Group (BHF KB).
Switzerland, Brazil sign tax information exchange agreement
Switzerland and Brazil have signed a tax information exchange agreement (TIEA) at Brasilia on 23 November 2015.
Law firms Irwin Mitchell, Thomas Eggar to merge to form £250m entity
British law firms Irwin Mitchell and Thomas Eggar have agreed to merge to create a £250m legal services business in December 2015.
JM Finn & Co hires new wealth planning head
JM Finn & Co, a UK-based investment manager specialising in private client services, has hired Anna Murdock as its head of wealth planning.
Credit Suisse wins permit to offer securities brokerage services in China
Credit Suisse Founder Securities (CSFS), a Sino-Foreign JV securities company set up by Founder Securities and Credit Suisse in China, has secured approval from the China Securities Regulatory Commission to provide securities brokerage services in Shenzhen Qianhai.
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HSBC retreats from private banking in India
HSBC Holdings is planning to wind down its private banking business in India following a strategic review of its global private banking operations in the country.
London & Capital opens office in Barbados
London & Capital, a wealth and asset management firm based in London, has opened an office in Barbados to offer further support and expert services to its network of Caribbean clients and their professional advisers.
Charles Stanley swings to profit in H1
British wealth management and brokerage firm Charles Stanley has reported a profit before tax of £2m for the six months ended 30 September 2015, compared with a loss of £3.9m a year ago.
Bank of China (Luxembourg) chooses CACEIS for custody, fund administration services
Bank of China (Luxembourg) has selected CACEIS, a member of the Crédit Agricole Group, to provide custody, depositary, fund administration, fund distribution and other related asset services to its Luxembourg RMB RQFII Ucits fund.
Brooks Macdonald partners Glacier to expand discretionary services in South Africa
Brooks Macdonald International (BMI) has partnered with Glacier International, a specialist division within Glacier by Sanlam, to offer discretionary investment management services to offshore investors in South Africa.