All articles by Verdict Staff

Verdict Staff

Rathbones launches new income fund; reduces fees on multi-asset range

Rathbones is rolling out a new income fund and cutting down fees as part of a multi-asset range restructure.

Young females don’t think they can reach the top in financial services: PwC

A perceived lack of career progression is causing many females to leave their jobs in financial services or putting them off joining the sector in the first place, according to a new PwC report.

DBS aiming for 40% surge in private banking assets in next three years

Singapore’s DBS Group is aiming to surge its private banking assets by 40% to $100bn in less than three years by targeting millionaires in its home market and the Greater China region.

Microgen acquires Finalysys for up to £0.3m

Microgen has announced the acquisition of Finalysys, a Jersey-based provider of wealth management software for the offshore finance industry.

Vontobel Wealth Management appoints new Asia Pacific COO

Vontobel Wealth Management Asia Pacific, a division of Swiss lender Vontobel, has named Michael Haupt as its new chief operating officer (COO).

Rothschild appoints director for Manchester wealth management unit

Rothschild has hired Peter Hindle as the new director for its wealth management business in Manchester.

Lightyear Capital acquires majority stake in Wealth Enhancement Group

Private equity firm Lightyear Capital has completed acquisition of a majority equity stake in Wealth Enhancement Group, an independent wealth management firm based in Greater Minneapolis.

UK global leader for sovereign wealth fund investment: TheCityUK

Sovereign wealth funds (SWFs) have increased their presence in the UK, making it the global leader for direct SWF investments as well as the leading western centre for the management of SWFs, according to TheCityUK’s Sovereign Wealth Funds 2015 report.

HSBC to dispose Brazil, Turkey operations, to expand footprint in Asia

British banking giant HSBC intends to sell its operations in Brazil and Turkey, shrink its investment bank and cut up to 25,000 jobs globally in a bid to slash costs and bolster returns to shareholders.

Tilney Bestinvest names new CFO

Tilney Bestinvest, a UK-based investment and financial planning firm, has appointed Stuart Layzell as its new chief financial officer.