All articles by Verdict Staff
Verdict Staff
Tilney Group hires direct equity team leader
British wealth manager Tilney Group has appointed Andy Brown as its direct equity team leader within its central investment team, kicking off the recruitment drive following its acquisition of local rival Towry.
UBS Asset Management rolls out new eurozone sustainable corporate bonds ETF
UBS Asset Management has launched a UBS ETF Barclays MSCI Euro Area Liquid Corporates Sustainable exchange-traded fund (ETF) that will provide access to Eurozone corporate bonds which have been screened for sustainability.
AFH snaps up Londons Taylor Frost Wealth Management
AFH, a UK-based financial planning led wealth management firm, has acquired the assets of Taylor Frost Wealth Management, an independent financial advisory (IFA) business based in south west London.
Ameriprise Financial wealth arm pre-tax operating earnings surge 21% in Q4
The advice & wealth management division of Ameriprise Financial has reported pre-tax operating earnings of $254m for the fourth quarter of 2016, an increase of 21% compared with $210m in the year ago quarter.
Chinese bank brands most valued in world
The combined brand value of Chinese banks has overtaken that of the US, driven by consumers lack of cynicism, an affinity for brands and economic patriotism, according to a report by valuation and strategy consultancy Brand Finance.
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Money manager Adviser Investments snaps up Braver Wealth Management
Money management firm Adviser Investments has purchased Braver Wealth Management and its capital management division for an undisclosed amount.
NBAD net profit jumps 28% in Q4
National Bank of Abu Dhabi (NBAD) has reported a net profit of AED1.33bn for the fourth quarter of 2016, an increase of 28.3% compared to AED1.03bn a year ago.
Deutsche Bank wealth arm posts pre-tax income of 701m in Q4
The Private, Wealth & Commercial Clients (PW&CC) arm of Deutsche Bank has posted pre-tax income of 701m for the fourth quarter of 2016, compared to pre-tax loss of 527m in the year-ago period.
ING net profit drops 8% in Q4
Dutch banking group ING Group has reported net profit of 750m for the fourth quarter of 2016, down 8.4% compared to 819m in the year ago period.
Oddo & Cie forms JV with advisory firm Messier Maris & Associes
French private bank Oddo & Cie and financial advisory firm Messier Maris & Associes (MMA) have formed a joint venture that will be active on equity capital markets.