All articles by Verdict Staff
Verdict Staff
Old Mutual International Singapore, SE Asia chief resigns
Old Mutual International head of region in Singapore and Southeast Asia Craig Ellis has reportedly resigned to pursue opportunities outside of the group.
M&G annual profit rises 13% to £446m
British wealth manger M&G Investments has reported IFRS operating profit of £446m for the year 2014, an increase of 13% compared with £395m a year ago.
Trustees Executors goes live with Sonata wealth management platform
Trustees Executors Limited (TEL), a provider of third party administration for financial services in New Zealand, has gone live with Sonata, and is the first company to implement Sonata for KiwiSaver.
Andorra takes control of BPA amid US money laundering allegations
The government of Andorra has taken control of private bank Banca Privada D’Andorra (BPA) after the bank was named by the US Treasury Department in a money laundering warning.
Coutts Geneva head to join Barclays ahead of sale-report
Coutts Geneva’s head of wealth international, James Buchanan-Michaelson, is reportedly set to join Barclays as RBS, the parent company of Coutts, braces up for the sale of the business.
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Westminster Wealth Management launches divorce financial planning service
Adviser firm Westminster Wealth Management has come up with a new dedicated divorce financial planning service, which does not charge for an initial consultation.
Brooks Macdonald pre-tax profit falls
London-based wealth manager Brooks Macdonald Group has posted a pre-tax profit of £4.48m for the six months ended 31 December 2014, down 9.1% from £4.93m a year ago.
SBS Bank and Staples Rodway collaborate to fuel wealth management business
SBS Bank and Staples Rodway have entered into a strategic alliance to work together in the wealth management sector.
BlackRock slashes cost of UKs FTSE 100 ETFs
American money manager BlackRock has slashed the fees on investing in two of UK’s FTSE 100 exchange-traded funds (ETFs) as price war heats up among passive fund providers.
Taiwan to issue new directives to improve offshore fund managers contribution to local market
Taiwan’s Financial Supervisory Commission (FSC) is set to come up with a new rule that will require the island’s offshore fund managers to pull out products that make little contribution to the local market.