All articles by Verdict Staff
Verdict Staff
RBS shuts Jersey wealth management unit
RBS International has confirmed the closure of its international wealth management business in Jersey, putting 33 jobs at risk.
Matterley names new distribution head
Matterley, the fund division of Charles Stanley, has appointed Martin Weisinger as its new head of distribution.
US Bancorp bolsters wealth management team
US Bancorp has appointed Pilar Pettys as the new vice president and wealth management adviser of its Private Client Reserve in Los Angeles, reported Reuters.
Palatine completes acquisition of Towergate Financial Planning
Manchester-based Palatine Private Equity has completed a £14m double deal involving the management buyout of the mortgage broking business John Charcol, and Towergate Financial Planning from Towergate Group.
BofA’s U.S. Trust names new philanthropic solutions and family office head
U.S. Trust, Bank of America’s private wealth management arm for HNW clients, has named Ann Limberg as its new head of philanthropic solutions and the family office.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Morgan Stanley incorporates Asia wealth management business in Hong Kong
Morgan Stanley has incorporated its Asia wealth management arm in Hong Kong to capture a larger share of the region’s growing private bank business.
Citibank to exit custody business in Argentina
Citibank has decided to exit custodial business in Argentina following a US court ruling that prevented it from passing interest payments from Argentina to local bondholders.
China to permit brokerages to expand wealth business
China is reportedly planning to allow brokerages and securities investment advisers to expand their wealth management business.
UBS Wealth Management Americas rebrands retirement plan consulting arm
UBS Wealth Management Americas has rebranded its retirement plan consulting unit DC Advisory Program as UBS Retirement Plan Consulting Services, in an aim to better reflect the company’s service offering.
Vontobel gains distributors support for its deritrade Multi Issuer Platform in Asia Pacific
Vontobel Financial Products has added four regional and international structured products distributors, LGT, Maybank, KGI Securities and Union Bancaire Privée to its deritrade Multi Issuer Platform (MIP) in Asia Pacific.