All articles by Verdict Staff
Verdict Staff
Credit Agricole private banking sees 6.9% rise in H1 AuM
Credit Agricole’s private banking business assets under management (AuM) stood at EUR151.2bn at end of June 2015, up 6.9% from end of December 2014.
VP Bank combines fund businesses in Luxembourg and Liechtenstein
Liechtenstein-based private bank VP Bank has combined its fund businesses in Luxembourg and Liechtenstein, which will now operate under the single name VP Fund Solutions.
UK offloads 5.4% stake in RBS for £2.08bn
The Britain government has kicked off a long-awaited privatisation of the Royal Bank of Scotland Group (RBS) by selling a 5.4% stake in the bank for £2.08bn ($3.24bn).
Brown Shipley’s private banking head to step down
Brown Shipley’s head of private banking Hugh Titcomb is set to step down from his role by the end of September 2015 to focus on his role as non-executive chairman of Harpenden Building Society.
Krung Thai AM selects Charles River for investment management solution
Krung Thai Asset Management (Krung Thai AM) has selected the Charles River Investment Management Solution (Charles River IMS) for automated portfolio management, trading and compliance monitoring.
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IOMA Group spins off asset management arm-report
IOMA Group, an Isle of Man-based wealth management firm, has reportedly spun out its asset management arm in a management buyout by two of its senior executives.
OCBCs private banking arm sees 6% rise in AuM in H1
Assets under management at OCBC Groups private banking division rose 6% to $54bn (SGD73bn) during the first half of 2015, from $51bn (SGD64bn) a year earlier.
Sun Life Financial completes purchase of investment manager Prime Advisors
Sun Life Financial has completed the acquisition of American investment manager Prime Advisors.
Kelly Wealth Management creates celebrity division
Kelly Wealth Management (KWM) at HighTower has launched a new division to work with professional athletes, coaches and entertainers, Financial Advisor has reported.
Natixis private banking assets reach EU427.2bn in H1
French bank Natixis said that its private banking unit’s assets under management increased 10% to EU427.2bn at the end of June 2015, compared with year-end 2014.