All articles by Verdict Staff
Verdict Staff
NAB Wealth to pay A$25m to clients over platform error
NAB Wealth, the wealth management business of National Australia Bank, has decided to pay A$25m ($18.38m) to nearly 62,000 clients affected by error in its Navigator Wrap wealth management platform.
BlackRock names new Canada operations head
BlackRock has hired Marcia Moffat as new head of Canadian operations replacing Noel Archard, effective September 2015.
Fulcrum Asset Management boosts wholesale business with new hires
London-based Fulcrum Asset Management has named Matthew Wright as new director in its sales and marketing team.
Brewin Dolphin unveils new D2C offering
British wealth manager Brewin Dolphin has rolled out a new D2C offering for customers who can invest up to £200,000.
JPMorgan names new custody and fund services head for Australia and New Zealand
JPMorgan has named Nadia Schiavon a new head of custody and fund services for Australia and New Zealand.
Ameriprise wealth arm posts 13% rise in Q2 pretax operating earnings
The advice & wealth management arm of the Ameriprise Financial has posted pretax operating earnings of $220m for the second quarter of 2015, an increase of 13% compared to $194m a year earlier.
Neptune Investment names new client investment strategy head
London-based Neptune Investment Management has named Joshua Ausden as new head of client investment strategy, effective September 2015.
Maples Fund Services opens office in San Francisco
Maples Fund Services, a fund services provider and unit of MaplesFS, has expanded its West Coast presence by opening a new office in San Francisco.
Bank of America restructures management team
Bank of America has restructured its management team under which Bruce Thompson will step down from his role as chief risk officer and chief financial officer after a spell of more than five years at the firm.
European HNW investors want digital services from their wealth managers: Accenture study
European high-net-worth (HNW) investors are avid users of digital technology for managing their finances and, according to a survey conducted by Accenture.