All articles by Verdict Staff
Verdict Staff
HSBCs retail banking and wealth management arm reports 17% dip in Q3 pre-tax profit
The retail banking and wealth management business of HSBC has posted a pre-tax profit of $1.31bn for the third quarter ended 30 September 2014, a dip of 17% compared to $1.58bn a year ago.
LP Group aims $1bn in investments over next five years-report
UK-based fund manager LP Group is reportedly eyeing investments totaling $1bn (MYR3.29bn) in Malaysia in the next three to five years.
Law firm Speechly Bircham merges with Charles Russell
UK-based law firm Speechly Bircham has merged with Charles Russell to create a new firm with combined revenues of £135m.
DBS Group keen to buy Coutts International-report
DBS Group Holdings is reportedly keen on buying Coutts International, the non-UK private banking business of the Royal Bank of Scotland (RBS), according to The Business Times.
Standards can help Investment & Asset Management industry better manage exposure to risk: Study
BSI, the business standards company has recently published new industry studies with Long Finance pointing to ways in which standards could help the Insurance and Investment & Asset Management industries better manage exposure to risk and increase investor confidence.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
First Trust to launch two new ETFs
First Trust Advisors expects to launch two actively managed exchange-traded funds (ETFs), the First Trust Emerging Markets Local Currency Bond ETF and the First Trust Low Duration Mortgage Opportunities ETF.
Bank J. Safra Sarasins deputy CEO resigns
Bank J. Safra Sarasin said that its deputy CEO Eric Sarasin has resigned from his role to focus on defending himself in an investigation in Germany.
NewSmith appoints new head of risk
NewSmith Asset Management has announced further hires with the appointment of Michael Wahnich as head of risk.
AFH Financial buys Knight O’Byrne
British wealth firm AFH Financial Group has acquired the assets of Cornwall-based chartered financial planner Knight O’Byrne for £1.2m.
ADCB to open representative office in Singapore
UAE-based Abu Dhabi Commercial Bank (ADCB) is planning to expand its footprint in Southeast Asia by opening a new representative office in Singapore this year.