All articles by Verdict Staff

Verdict Staff

Law firm Day Pitney to merger with Chapin Ballerano & Cheslack

Law firm Day Pitney has agreed to merge with Florida-based law firm Chapin Ballerano & Cheslack in a bid to expand its East Coast presence.

Wilmington Trust bolsters Boston wealth advisory office

Wilmington Trust has expanded its Boston wealth advisory office by hiring David Ely as senior portfolio manager and Steven Conway as senior private client fiduciary advisor.

Lincoln Private Investment lures wealth managers from Barclays

Wealth management company Lincoln Private Investment Office has lured wealth managers Ben Stern and Stephen Kattou from Barclays Wealth to boost its investment expertise and grow its client base.

EXPERT COMMENT: Global growth is not falling apart

Samy Chaar, chief economist at Lombard Odier Private Banking, comments on concerns over global growth

Morgan Stanley wealth arm registers 3% rise in Q3 pre-tax income

Morgan Stanley’s wealth management arm has posted a pre-tax income from continuing operations of $824m for the third quarter of 2015, up 3% compared with $800m in the corresponding quarter of 2014.

EXCLUSIVE: UBS continues its reign on top as the largest private bank in Asia Pacific

Private Banker International announced the 2015 PBI Top 20 Asia-Pacific Rankings at the Private Banker International Global Wealth Summit 2015. This year’s survey showed a continued rise in Asian wealth and reveals UBS as the largest private bank by AUM in the region, for the third year in a row.

Nikko Asset Management Australia bolsters its distribution team

Nikko Asset Management Australia has named Lia Gunawan and Simon Green as new regional sales managers for New South Wales and Queensland in a move to expand its distribution team and bring new strategies to market.

Deutsche Bank to split asset and wealth management division

German banking giant Deutsche Bank has decided to split its asset and wealth management division into separate units as part of the drive to as part of restructuring of key units.

Schroders hires BlackRock ETF sales head

Schroders has hired Esther Nass-Fetzmann to a newly created role within its Multiasset Investments and Portfolio Solutions (MAPS) product team.

Polaris Capital selects RBC Investor & Treasury Services as custodian

Polaris Capital Management has appointed RBC Investor & Treasury Services as custodian and fund administrator for its Irish-domiciled Polaris Global Value UCITS Fund.