All articles by Verdict Staff
Verdict Staff
Wealth manger YBR rolls out new legal service
Yellow Brick Road (YBR), an Australia-based wealth management and financial services firm, has rolled out a new service that provides in-house legal assistance in property matters.
Prudential expands portfolio management group with new hires
Prudential has hired Michael Coop and Ciaran Mulligan as new members to its Portfolio Management Group (PPMG), an asset management unit that manages over £155.2bn of Prudentials investments.
Bank of America’s wealth arm sees 5% slide in Q2 net income
The Global Wealth and Investment Management segment of Bank of America has reported a net income of $690m for the second quarter of 2015, down 5% compared to $726m a year ago.
deVere names new risk and compliance head for Africa
Financial advisory firm deVere has named Samantha Lance as new head of risk and compliance for Africa, replacing Erica Steeman-Duncan who has left the firm to launch her own business.
British banks face £40bn extra tax bill after Osborne’s levies
UK’s banks will have to pay £40bn in extra taxes over a decade after being hit with industry specific levies imposed by Chancellor George Osborne.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Nikko AM Australia names new private wealth head
Nikko Asset Management Australia has named Naomi Finnigan as new head of private wealth.
Enhance Group to open office in Singapore
Enhance Group, a Jersey-based provider of investment & wealth consultancy, is planning to open a new office in Singapore to tap into the growth of private wealth across Asia.
Cowen Group to acquire Concept Capital
Cowen Group, a US-based financial services firm, has agreed to acquire Concept Capital, a provider of brokerage and fund services for investment managers, hedge funds, and registered investment advisors for an undisclosed sum.
Barclays deputy chairman quits to become Worldpay chairman
Barclays’ deputy chairman Sir Mike Rake is set to step down from his role by the end of 2015 to become chairman of payments processing firm Worldpay, which was formerly owned by RBS.
Fieldpoint Private selects Wolters Kluwer platform for risk analysis
Fieldpoint Private has selected Wolters Kluwer Financial Services OneSumX Asset Liability Management (ALM) solution for risk analysis.