All articles by Verdict Staff
Verdict Staff
Syz & Co launches new asset management arm in Edinburgh
Swiss-banking group Syz & Co has expanded its presence in Scotland by launching a new asset management and sales arm in Edinburgh.
European Banking Federation names new president
European Banking Federation has named chairman and CEO of Societe Generale Frederic Oudea as new president, replacing Christian Clausen effective 1 January 2015.
EIIB-Rasmala raises stake in Rasmala Egypt Asset Management to 100%
EIIB-Rasmala, a London-based asset manager and financing group, has raised its stake in Rasmala Egypt Asset Management (REAM) to 100% by acquiring the remaining 49% stake which it did own previously.
Deutsche Asset & Wealth Management appoints structured solutions head
Deutsche Asset & Wealth Management has appointed Munish Varma to a newly created role of head of structured solutions within its Loans & Deposits group.
PJT Partners hires Credit Suisses global M&A vice chairman
John Trousdale, Credit Suisse’s vice chairman of global mergers and acquisitions, is reportedly leaving the firm to join PJT Partners, a new advisory firm headed by investment banker Paul Taubman.
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Raymond James lures advisors from RBC and TD Ameritrade
Raymond James & Associates has lured a team of two financial advisors from RBC Capital and TD Ameritrade.
New wealth management firm opens doors in Pembroke, Massachusetts
Powder Point Wealth Management, a new financial services practice serving the greater South Shore area, has commenced operations in Pembroke, Massachusetts.
AXA Wealth closes fixed term deposits on Elevate platform
AXA Wealth has withdrawn fixed term deposits as an investment choice for new business on all Elevate general investment accounts (GIAs).
Point72 Asset Management to form new advisory board – report
Point72 Asset Management, the family office managing the wealth of Steven A. Cohen, is reportedly planning to set up an advisory board to strengthen its management.
Wealth managers in Europe should alter business models to sustain: JPMorgan report
In the face of cost hike, downward pressures on fees and new competition, wealth managers in Europe should brace up to reshape their business models to drive success, according to a report by JPMorgan Asset Management.