Canadian Imperial Bank of Commerce (CIBC) has laid off several portfolio managers, analysts and traders amid the Covid-19 pandemic, Bloomberg reported. These cuts are part [...]…
A firm founded by wealth adviser Michael Leverty has launched as an independent RIA by joining forces with Dynasty Financial Partners. The business is a [...]…
US-based wealth advisory firm Fieldpoint Private has named Johnny Gibson as its new CIO, replacing Bill Kennedy who quit the firm last year. Gibson has been [...]…
UBS is considering expansion of its China asset management operations after the country liberalised its financial services sector, reported Bloomberg. According to consultancy Z-Ben Advisors, the [...…
British wealth manager Brooks Macdonald has withstood Covid-19 headwinds, registering growth in profit, revenue, and FUM. Highlights The firm’s statutory pre-tax profit during the year [...]…
CountPlus member firm AdviceCo has acquired the accounting revenues of boutique advice firm Arch Capital. The deal was termed as a tuck-in acquisition. Deal details The [...]…
Canadian asset manager CI Financial has concluded the purchase of Itasca, Illinois-based private wealth manager Balasa Dinverno Foltz (BDF). Deal details The deal, whose value [...]…
Aberdeen Standard Investments (ASI) can now provide offshore funds directly to Thai investors after securing a new licence. The firm has secured a Limited Broker, [...]…
German lender Deutsche Bank asked its New York City staff to continue work from home until July 2021 amid the Covid-19 pandemic, The Wall Street [...]…
US-based wealth manager Oppenheimer has entered into a strategic alliance with fintech firm InvestCloud to ramp up the buildout of its digital experience platform. The [...]…
Mackenzie and Great-West Lifeco to pick stake in Northleaf Capital September 18, 2020 Verdict Staff 
CIBC lays off several employees in downsizing plan September 18, 2020 Verdict Staff 
Adviser Michael Leverty’s firm goes independent with Dynasty September 18, 2020 Verdict Staff 
