All articles by Verdict Staff
Verdict Staff
Scotiabank Q1 net income up 10%
Scotiabank has reported attributable net income of C$1.91bn for the first quarter of 2017, a 10% increase compared to C$1.73bn a year ago.
Wells Fargo Advisors to launch new digital advice platform
Wells Fargo Advisors (WFA), the brokerage arm of US banking group Wells Fargo, has unveiled plans to introduce its new robo-advisory platform, Intuitive Investor, to target young investors.
Spring Financial to acquire advisory firm Financial Choice
Spring Financial Group, an Australian financial services company, has agreed to purchase advisory firm Financial Choice, a move that will boost Spring FG’s assets under advice by $325m to about $850m.
IBERIABANK to acquire Sabadell United Bank in $1bn deal
Louisiana-based IBERIABANK Corporation (IBKC), holding company of IBERIABANK, has agreed to acquire Sabadell United Bank from Banco de Sabadell in a stock-cash deal worth $1.025bn.
New Silkroutes Group forays into real estate investment
New Silkroutes Group (NSG) has entered into the real estate investment with the launch of a joint-venture company that will focus on real estate advisory, deal originations and investment structuring.
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St. James’s Place annual pre-tax profit down 7%
British wealth manager St. James’s Place (SJP) has posted a profit before shareholder tax of £140.6m for the year ended 31 December 2016, a 7% decrease compared to £151.3m from a year ago.
Intrinsic to buy adviser network Caerus
Old Mutual Wealth-owned advice network Intrinsic has agreed to acquire financial adviser network Caerus for an undisclosed sum.
Invesco Perpetual unveils new emerging market bond fund
UK-based investment firm Invesco Perpetual has rolled out a new global emerging market bond fund aimed at investors looking for income and capital growth over the medium to long term.
DIFC signs cooperation agreement with GIFT
Dubai International Financial Centre (DIFC) has inked a memorandum of understanding (MoU) with Gujarat International Finance Tec-City (GIFT) to boost collaboration between the two financial centres.
Wells Fargo Asset Management rolls out new USD investment grade credit fund
Wells Fargo Asset Management has introduced a new USD investment grade credit fund that will invest in dollar-denominated credit debt securities at the time of purchase.