All articles by Verdict Staff

Verdict Staff

Forth Capital launches tax service for UK expats

Forth Capital, a financial advisory group based in Geneva, has launched an international tax service in London targeted at UK expatriates.

Schroders Q1 profit up 14%

British fund manager Schroders has registered a total profit before tax and exceptional items of £149.6m, up 14.4% compared to £130.7m a year ago.

HSBC to slash 260 jobs in its Swiss private banking unit

HSBC is set to axe about 260 jobs in its Swiss private banking arm over the next two years, as it plans to switch to a new core banking platform.

Ameriprise to buy retail assets of JHS Capital Advisors

Ameriprise Financial has signed a definitive agreement to acquire the retail assets of JHS Capital Advisors (JHS), an independent broker-dealer and investment advisor based in Tampa, Florida.

St. James’s Place FuM up 22% Q1

British wealth manager St. James’s Place (SJP) said its funds under management (FuM) in the first quarter of 2015 increased up 22% to £55.8bn from £45.8bn a year earlier.

Objectway launches fully hosted investment solution – Wealth in One

Objectway, a provider of software and services to the EMEA investment management industry, has launched its fully hosted digitally enabled investment management solution – Wealth in One.

Alliance Trust strikes deal with Elliott Advisors over board appointments

Alliance Trust has reached an agreement with its biggest shareholder Elliott Advisors, a US-based hedge fund group, to avoid showdown over board appointments.

Carmignac opens office in Zurich

Carmignac, a Paris-based fund manager, has continued its expansion spree in Europe with the launch of a new subsidiary office in Zurich.

Banco Santander Q1 profit surges 32%

Spain’s Banco Santander has posted attributable profit of EUR1.72bn for the first quarter of 2015, a hump of 32% compared to EUR1.3bn a year ago.

Brooks Macdonald’s discretionary FuM crosses £7bn mark

UK wealth manager Brooks Macdonald Group said that its discretionary funds under management (FuM) in financial third quarter increased 7.4% to £7.46bn from £6.95bn at the end of 31 December 2014.