All articles by Verdict Staff
Verdict Staff
RBC wealth arm reports flat net income for Q3
The wealth management business of Royal Bank of Canada (RBC) has posted a net income of C$285m for the third quarter ended 31 July 2015, virtually flat with the same quarter in 2014.
BMO Financial wealth arm records 11% rise in Q3 income
BMO Financial Group’s wealth management arm has reported a net income of C$210m for the third quarter of 2015, an increase of 11% compared to the year ago quarter.
Merit Wealth signs software agreement with Midwinter Financial
Merit Wealth, a financial services company, has entered into a software agreement with Midwinter Financial Services.
BTG Pactual downsizes wealth management team in Chile
Brazilian financial services firm BTG Pactual has reportedly fired 10 out of 80 employees at its wealth management unit in Chile, Bloomberg reported.
RBC GAM hires new head for Asia-Pacific region
RBC Global Asset Management (RBC GAM) has hired Ken Tam as new managing director and head of Asia for RBC Investment Management (Asia).
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JTC completes acquisition of Kleinwort Bensons fund administration business
JTC has officially completed the purchase of Kleinwort Bensons fund administration business, boosting its assets under administration (AuA) to $56bn.
HSBC Singapore spills details on 1,200 global accounts; 400 are from India-report
HSBC Singapore has shared a new list of 1,200 account holders all across the globe of which one-third are Indians, publication DNA India has reported.
Strawberry Invest acquires Fundsdirect client book from Royal London
Strawberry Invest, a UK-based direct-to-consumer investment platform, has purchased the client book of online fund supermarket, Fundsdirect, from Royal London.
Workplace Solutions names new wealth management head
Workplace Solutions, a division of deVere Group, has named Maxine McIntyre as new head of wealth management.
IFDS to add 100 new jobs in Scotland in 2015
International Financial Data Services (IFDS), a joint venture of DST Systems and State Street, is planning to create more than 100 new jobs in Stirling, Scotland.