All articles by Verdict Staff
Verdict Staff
Euroclear Finland unveils new fixed income platform
Euroclear Finland, the Finnish Central Securities Depository (CSD), is replacing its entire securities processing infrastructure progressively, in three releases.
RBC and CIBC eyed acquiring Boston Private Bank
Two banking giants of Canada, Royal Bank of Canada and Canadian Imperial Bank of Commerce have observed Boston Private Bank & Trust as a potential acquisition target to expand their US wealth management businesses.
Wells Fargo Advisors names new chief compliance officer
Wells Fargo Advisors (WFA) has appointed Jim McHale as its new chief compliance officer. He will report to Bob Mooney, chief compliance officer of wealth, brokerage and retirement.
U.S. Bank appoints new regional managing director for UHNW business
U.S. Bank Wealth Management has appointed Jan Hendrickson as the new regional managing director for its private wealth management unit, Ascent Private Capital Management, in Seattle.
British taxpayers expected to overpay £5bn in tax this year: Study
This year UK taxpayers are predicted to pay up to £4.9 billion more tax than required, by not taking advantage of the available tax planning option, according to a study commissioned by Prudential and financial adviser website unbiased.co.uk.
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Objectway releases new wealth and investment management platform
Objectway, a software and services provider to the EMEA investment management industry, has launched a new wealth and investment management platform, called illumas.
Owner-occupied residential properties hold about $3tn of worlds private wealth: report
Nearly $3tn of the worlds private wealth is held in owner-occupied residential properties, a value greater than the GDP of India, according to a new report by Wealth-X and the Sothebys International Realty brand.
Evercore Wealth Management promotes portfolio manager Brian Pollak to partner
Evercore Wealth Management, which manages $5.7bn in client assets, has promoted its portfolio manager Brian Pollak to partner.
UBS names new vice chairman for wealth management
Swiss banking giant UBS has named Eli Leenaars as the new vice chairman of its wealth management unit.
BNP Paribas wealth arm pre-tax profit improves in Q4
The wealth and asset management business of BNP Paribas has posted pre-tax income of EUR176m for the fourth quarter of 2014, a marginal rise of 1.73% versus EUR173m a year ago.