All articles by Verdict Staff
Verdict Staff
Natixis to acquire NexGen Financial for C$35m
Natixis Global Asset Management has signed an agreement with Canadian asset manager NexGen Financial for purchasing all of the latters outstanding common shares for consideration comprising C$7.25 cash per common share, for an enterprise value of nearly C$35m.
Deutsche Bank’s wealth unit aims to lure more clients in Asia
The Asia-Pacific wealth-management division of Deutsche Bank intends to improve its revenue by 20% next year by luring the regions ultra-high net worth individuals (UHNWIs).
For America’s millionaires, social issues beat politics in an election year: PNC
Two-thirds (64 percent) of millionaires are concerned about economic inequality in America and most prefer to financially support charitable causes over political parties or candidates, according to the PNC Wealth and Values Survey.
ETF Securities launches first global robotics ETF in Europe
ETF Securities has partnered with ROBO-STOX to launch the first European ETF providing exposure the global robotics and automation sector.
Boutique financial planning firm McAdam launches independent RIA
McAdam, a Philadelphia-based boutique financial planning firm, has launched a new Registered Investment Advisory (RIA) entity which will cater to their fee-only independent financial advisors and their clients.
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Wilson HTM to launch standalone securities business
Wilson HTM is set to launch a standalone securities business, majority of which will be owned by staff.
Offshore compulsory winding up petitions drop substantially: Appleby
Compulsory winding up petition filings in most offshore jurisdictions fell, on average, by 31% in the first three quarters of 2014 as compared to the same period last year, according to Appleby, a provider of offshore legal, fiduciary and administration services.
Schwab to unveil new automated investment advisory service
The Charles Schwab Corporation (Schwab) is set to launch its new automated investment advisory service, Schwab Intelligent Portfolios, to retail investors in the first quarter of next year.
Walker Crips further expands investment division
Walker Crips, a UK-based integrated investment and wealth management firm, has further expanded its investment division by hiring Ian Amiee as an investment manager.
Clydesdale Bank bolsters private banking team in Aberdeen
Clydesdale Bank has strengthened its business and private banking team in Aberdeen with the appointment of a new business development manager.