All articles by Verdict Staff
Verdict Staff
Net income up 11% at Credit Agricole unit that contains private banking business
Credit Agricole’s savings management and insurance business line, which encompasses asset management, insurance, private banking and asset servicing units, has posted a net income of EUR438m for the first quarter of 2015, an increase of 10.7% compared to EUR395m a year ago.
Swiss private bank UBP hires new Asia head
Swiss private bank Union Bancaire Privee (UBP) has named Eric Morin as its new head of its Asian operations.
JPMorgan faces tax evasion probe in France
A formal probe has been launched against JPMorgan Chase by French prosecutors for its alleged role into tax evasion involving French investment firm Wendel Investissement.
Envestnet acquires wealth management tech firm Finance Logix
Envestnet has acquired Finance Logix, a technology company that provides financial planning and wealth management software solutions to banks, broker-dealers and RIA firms.
Charles Stanley in talks to sell securities business to Panmure Gordon
Broker Charles Stanley has confirmed that it is in exclusive talks with Panmure Gordon (UK) over the potential sale of its securities division.
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Commerzbanks private customers arm posts 45% surge in Q1 profit
Commerzbank’s private customers unit has posted an operating profit of EUR161m for the first quarter of 2015, up 45% compared to EUR111m in the corresponding quarter of 2014.
Brown Shipley names private client director for London office
UK’s Brown Shipley Private Bank has appointed Philip Wynn as the new private client director for its London office.
TIG Advisors signs on to Eze Software Groups full investment suite
Eze Software Group, a provider of global investment technology, has brought TIG Advisors, an investment management firm with approximately $3bn in assets under management, live on its investment suite.
Deutsche Asset & Wealth Management adds to alternatives & real assets research team
Deutsche Asset & Wealth Management (Deutsche AWM) said that Kevin White has joined as a director and head of investment strategy in the Americas for its Alternatives & Real Assets (ARA) business.
Eaton Vance bolsters global equity team
Eaton Vance Management (International), an Eaton Vance subsidiary, has named Christopher Dyer as its new director of global equity and Aidan Farrell as global small-cap portfolio manager, effective from 15 June.