All articles by Verdict Staff
Verdict Staff
Morgan Stanley Wealth Management, EverFi partner to launch digital financial education program
Morgan Stanley Wealth Management has entered into a licensing agreement with EverFi, an education technology company that develops interactive learning tools focused on teaching valuable financial education and skills, to launch a new web-based financial education program called Morgan Stanley Financially Fit.
Private equity firms see first fall in buyout holding periods since financial crisis: Prequin
The average holding period for private equity-backed buyout deals hit a record high in 2014, but has seen a notable drop for companies exited so far in 2015, according to Prequin.
Rathbone Brothers FuM up 27% in Q1
British wealth manager Rathbone Brothers funds under management (FuM) stood £28.9bn at the end of first quarter, a surge of 26.8% compared to £22.8bn in the year ago period.
FolioMetrix to merge with American Independence to create RiskX Investments
FolioMetrix is planning to merge with American Independence Financial Services (AIF) to create a new company, called RiskX Investments.
ABN Amros private banking arm sees 70% jump in Q1 underlying profit
State-owned Dutch lender ABN Amro’s private banking arm has posted an underlying profit of EUR87m for the first quarter of 2015, up 70% compared to EUR52m a year earlier.
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SCB partners with Knight Frank to facilitate real-estate investment in London
Siam Commercial Bank (SCB) has teamed up with property-consulting firm Knight Frank Thailand to open a window to real-estate investment in London.
Hedge fund JAT Capital to become family office
JAT Capital Management founder John Thaler is planning to convert his $1.7bn hedge-fund firm into family office.
Tilney Bestinvest names financial planning director for London office
Tilney Bestinvest has recruited Leon Buckley as new director of financial planning for its London office.
Brewin Dolphin to sell stockbroking business to Alliance Trust Savings
British wealth manager Brewin Dolphin has agreed to sell its execution-only stockbroking business Stocktrade to Alliance Trust Savings for £14m in cash.
BIL closes Singapore operations
Banque Internationale à Luxembourg (BIL) has shut down its Singapore operations as part of its new strategic framework.