All articles by Verdict Staff
Verdict Staff
Australian Unity, Netwealth ink private label partnership
Australian Unity Personal Financial Services has partnered with Australian platform provider Netwealth to offer a private label version of Netwealth’s managed accounts offering to clients.
Societe Generale net income slumps 40.5% in Q4; private banking income slides
French lender Societe Generale has reported a net income of 390m for the fourth quarter of 2016, a 40.5% decrease compared to 656m for the same quarter of 2015.
Rathbones sets up private office
British wealth manager Rathbones has formally launched its new private office as one of the groups strategic growth initiatives.
Hargreaves Lansdown pre-tax profit jumps 21% in H1
British investment manager Hargreaves Lansdown has reported a profit before tax of £131m for the six months ended 31 December 2016, a 21% increase compared to £108.1m for the same period in 2015.
Mexicos tax amnesty will ensure one industry is booming in 2017
Mexico is the latest country hoping to cash in on undeclared offshore assets through a generous tax amnesty, which promises to be a success on multiple accounts with one industry set to benefit in particular.
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Natixis appoints new of asset management head
French banking group Natixis has appointed Jean Raby as head of asset management, private banking and private equity business lines.
Indosuez Wealth Management strengthens Hong Kong team
Indosuez Wealth Management, the global wealth management arm of French banking group Credit Agricole, has appointed Stanley Yeo and Radhika Jasuja as senior directors for its Hong Kong business.
Canaccord Genuity revenues rise 14% in Q3
Canaccord Genuity Group has earned revenues of C$208.1m for the third quarter of fiscal 2017, a 14.4% rise compared to C$181.8m the year ago.
Planet of Finance launches new tool to match investors with wealth managers
Planet of Finance (PoF), a Monaco-based online wealth network, has introduced a new service that will connect private investors with wealth managers and financial advisers.
Pictet annual net profit slips 7% to CHF422m
Swiss private bank Pictet has posted a net profit of CHF422m for the year ended 31 December 2016, a fall of 7% from the prior year.