All articles by Verdict Staff
Verdict Staff
Butterfield wind-down private banking operations in UK
The Bank of N.T. Butterfield & Son (Butterfield) has concluded the wind down of its London-based private banking operations and discontinued its deposit-taking and investment management services in the UK.
Waverton Investment Management names new COO
Waverton Investment Management, a UK-based discretionary investment management boutique, has appointed Mark Harrison as its new COO.
Morgan Stanley wealth unit reports 16% surge in Q4 pre-tax income
Morgan Stanley’s wealth management arm has reported pre-tax income from continuing operations of $891m for the fourth quarter of 2016, up 16% compared to $768m in the year ago quarter.
PwC Singapore, High-Tech Bridge ink cybersecurity partnership
PwC Singapore has teamed up with High-Tech Bridge to offer its Asia Pacific clients cybersecurity, compliance and risk management digital services.
UK advisors to benefit from erratic Brexit negotiations
In times of trouble good advice is all the more valuable. As the future of the market remains unclear despite the Prime Ministers most recent speech, the latest numbers suggest wealth managers are going to benefit from further demand for professional investment advice, writes Bartosz Golba, head of wealth management content at Verdict Financial
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Decimal receives major investment from IFM Investors
Australian digital advice provider Decimal has secured significant investments from fund manager IFM Investors as part of A$2.29m capital raise.
First Republic bolsters private wealth management team in San Francisco
First Republic Private Wealth Management has named Hank Holland as the managing director and portfolio manager.
Northern Trust reshuffles executive line-up
American investment management firm Northern Trust has named Peter Cherecwich as president of corporate and institutional services (C&IS).
UBP, Partners Group collaborate to launch new active income fund
Swiss asset managers Union Bancaire Privee (UBP) and Partners Group have joined forces to launch a new active income fund that will offer investors global exposure to private debt and credit markets.
Bellpenny to unveil independent advice unit
British wealth manager Bellpenny is set to launch an independent advice unit following its takeover of EFG Independent Financial Advisers (EFG IFA) for an undisclosed sum.