All articles by Verdict Staff
Verdict Staff
Rothschild Wealth Management names new North Asia head
Rothschild Wealth Management, a part of the Rothschild Group, has hired Audrey Zau as new head for North Asia.
General Atlantic to acquire 21.6% interest in IIFL Wealth
Private equity firm General Atlantic has agreed to acquire a 21.61% interest in IIFL Wealth Management, the wealth management subsidiary of IIFL Holdings (formerly India Infoline) for INR11.2bn ($172.4m).
EBA signs memorandum of cooperation with six south-eastern European supervisors
The European Banking Authority (EBA) has inked a memorandum of cooperation with supervisory authorities in six south-eastern European (SEE) countries, establishing a framework for cooperation and information exchange.
Raymond James’ private client group registers 12% fall in Q4 pretax income
The private client group of Raymond James Financial has reported a pre-tax income of $87.7m for the fiscal fourth quarter of 2015, a decrease of 12% compared to $100m in the prior year quarter.
Sanlam Private Wealth names new UK CEO
Sanlam Private Wealth, part of South African insurer Sanlam Group, has named Jonathan Polin as new UK chief executive, subject to FCA approval.
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Rathbone net income up 13% in Q3
British wealth manager Rathbone Brothers has posted a net income of £55.6m for the third quarter ended 30 September 2015, up 13.5% from £49m in the year ago quarter.
Nomura names new CIO of wealth management Asia ex-Japan
Japanese banking giant Nomura Holdings has named Johnny Heng as new chief investment officer (CIO) for wealth management, Asia ex-Japan.
Fiserv, InvestEdge collaborate to enhance wealth management firms’ reporting capabilities
Fiserv, a provider of financial services technology solutions, has partnered with InvestEdge, a Bala Cynwyd, Pennsylvania-based provider of integrated wealth management platforms, to deliver access to an array of data management and customized reporting solutions to advisory firms and investors that run managed account portfolios on the Unified Wealth Platform from Fiserv.
Old Mutual Wealth selects Eagle Investment to meet Solvency II requirements
UK-based Old Mutual Wealth has selected Eagle Investment Systems’s enterprise data management solution Eagle ACCESSS to support its Solvency II compliance programme.
Barclays Wealth and Investment bolsters presence across north of UK
Barclays Wealth and Investment Management (W&IM) has expanded its presence across the North region with a number of new hires in Manchester, Liverpool and Leeds.