All articles by Verdict Staff
Verdict Staff
Standard Chartered net loss shrinks to $478m in 2016
Standard Chartered has reported a net loss of $478m for the year ended 31 December 2016, a huge improvement compared to a loss of $2.36bn in 2015.
Snowden Lane partners with Artivest to improve access to alternative investments
Wealth advisory firm Snowden Lane Partners has collaborated with Artivest, a US-based investment platform provider, to enhance access to alternative investments for clients and advisors.
RBS loss widens to £6.95bn in 2016
RBS has posted an attributable loss of £6.95bn for the year ended 31 December 2016, compared with a loss of £1.98bn a year ago.
Rathbone Brothers annual pre-tax profit slides 14.5%
British wealth manager Rathbone Brothers has posted a pre-tax profit of £50.1m for the year ended 31 December 2016, a 14.5% fall compared to £58.6m a year ago.
Robeco names UK business head
Dutch asset management firm Robeco has named Peter Walsh as head of its UK business.
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BlackRock Australia strengthens customer service team
BlackRock Australia has bolstered its customer service team by hiring Stuart Dunn as head of wealth distribution for northern region and Linda Kang as lead research relationship manager.
Dubai’s DFSA and European securities watchdog sign bilateral co-operation agreement
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have inked a memorandum of understanding (MoU) to facilitate mutual cooperation and information exchange between the two parties.
SSGA expands role of its global product and marketing head
State Street Global Advisors (SSGA), the asset management business of State Street, has expanded the role of its current global head of product and marketing, Cyrus Taraporevala, to align its global institutional businesses.
Northern Trust, IBM develop blockchain solution for private equity industry
Northern Trust has joined forces with technology giant IBM for the commercial deployment of blockchain technology for the private equity market.
Barclays swings back to profit in 2016
British banking group Barclays has posted attributable profit of £1.6bn for the year 31 ended December 2016, compared to a loss of £394m in the previous year.