All articles by Verdict Staff
Verdict Staff
ABN Amro’s private banking arm sees 43% fall in Q3 underlying profit
State-owned Dutch lender ABN Amro’s private banking arm has posted an underlying profit of EUR28m for the third quarter of 2015, a 43% dip compared to EUR50m a year ago.
Maybank AM teams up with Hastings to tap into ASEAN infrastructure sector
Malaysias Maybank Asset Management (Maybank AM) has partnered with Hastings Management, infrastructure fund manager in Australia, to offer Shariah-compliant infrastructure investment opportunities for investors in the Asian region.
UAE inks tax information exchange agreement with Sweden
The UAE and Sweden have signed an agreement on the exchange of information for tax purposes in Stockholm.
Tullett Prebon in talks to buy global broking business of ICAP
British interdealer broker Tullett Prebon has acknowledged that it is in talks to acquire the global broking business of its rival ICAP.
Financial Engines to buy The Mutual Fund Store for $560m
Financial Engines, a US-based investment advisory firm, has agreed to acquire The Mutual Fund Store from private-equity firm Warburg Pincus and management for about $560m in cash and stock.
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RBC Wealth hires new chief of staff for fiduciary services unit
RBC Wealth Management International has hired Daniel Bisson as new chief of staff for its fiduciary services division.
GenSpring Family Offices names new MD for Florida East region
GenSpring Family Offices, a wealth management firm for UHNW families, has hired Carlos Carreno as managing director for its Florida East region.
UBS Asset Management sets up subsidiary in Shanghai
UBS Asset Management has set up a wholly-owned foreign enterprise (WFOE) in the Shanghai Free Trade Zone.
La Française inks fund distribution deal with Gonet&Cie in Switzerland
French asset manager La Française has partnered with Swiss private bank Gonet&Cie for fund distribution in Switzerland.
Blueleaf selects Quovo as data partner for aggregation of client accounts
Blueleaf, a client engagement, data automation and reporting platform for advisors and clients, has chosen Quovo, a financial data science company that meets the needs of the wealth management industry, as its data partner for the smarter aggregation of their clients held-away accounts.