All articles by Verdict Staff
Verdict Staff
Aegon form strategic partnership with La Banque Postale Asset Management
Netherlands-based Aegon Asset Management has entered into a strategic agreement with France-based La Banque Postale Asset Management (LBPAM) to develop and sell investment products.
UBS plans to create 1000 new jobs in Nashville this year
Swiss bank UBS is planning to create 1000 new jobs by the end of this year for its business solutions center in downtown Nashville as part of a five-year hiring plan.
Natixis private banking arms AuM rises to EU424.7bn
French bank Natixis said that its private banking unit had assets under management EU424.7bn at the end of December 2014, increased 10% of compared with the year ago.
ABN AMRO private banking unit’s Q4 underlying profit down 44%
The private banking arm of ABN AMRO has posted an underlying profit of EUR15m for the fourth quarter of 2014, a decline of 44% compared with EUR27m a year ago driven by higher operating expenses.
British Caribbean Bank goes live on IPBS private banking and wealth management system
The British Caribbean Bank has gone live on the private banking and wealth management system of International Private Banking Systems (IPBS), a specialist provider of wealth management software for the private banking sector.
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Accounting firm Sensiba San Filippo buys Paraclae
US-based accounting firm Sensiba San Filippo has purchased Paraclae, a provider of business advisory and family office services.
Man Group in acquisition talks with asset manager NewSmith
Man Group, a London-listed hedge fund manager, is in talks to buy asset manager NewSmith, which is 40% owned by Japans Sumitomo Mitsui Trust Bank.
Credit Suisse Private Bank to roll out digital wealth management offering in Asia
Credit Suisse Private Bank is reportedly planning to launch new digital wealth management offering in Asia next month.
Citis North America Asian Clients Group expands into Seattle
Citi Private Banks North America Asian Clients Group has expanded into Seattle, following its ventures into New York, San Francisco and Los Angeles.
Rathbones Brothers pre-tax profit rises to £45.7m
British wealth manager Rathbone Brothers has posted profit before tax of £45.7m for the year ended 31 December 2014, an increase of 3.4%, compared to £44.2m a year ago.