All articles by Verdict Staff

Verdict Staff

JPMorgan backtracks on Brexit layoffs warning

JPMorgan CEO Jamie Dimon has said the bank will not move many employees out of the UK in the next two years in the wake of Brexit.

Standard Chartered Private Bank introduces digital wealth advisory tool

Standard Chartered Private Bank has unveiled a new digital wealth advisory tool, which is powered by Thomson Reuters Eikon.

James Brearley & Sons deploys JHC wealth management system

British investment manager James Brearley & Sons has deployed the Figaro wealth management system from technology provider JHC to support its share dealing and investment management operations.

BNP Paribas bolsters wealth management team

French banking group BNP Paribas has strengthened its wealth management division with multiple senior hires.

Crestbridge completes acquisition of Bahrain’s Ohad Trust

Jersey-based corporate services provider Crestbridge has closed the acquisition of Ohad Trust, a Bahrain-based trust, fund and corporate services provider.

Indosuez Wealth Management strengthens Singapore team

Indosuez Wealth Management, the global wealth management arm of French banking group Credit Agricole, has appointed Prad Goswami as a senior director in Singapore.

Dyal Capital Partners buys minority stake in Sound Point Capital

Dyal Capital Partners, a unit of Neuberger Berman Group, has acquired a minority stake in New York-based alternative asset management firm Sound Point Capital for an undisclosed sum.

SunTrust Banks bolsters presence in Texas with new offices

Atlanta-based SunTrust Banks has opened new private wealth management offices in Houston and Dallas in Texas.

Cowen to take over brokerage firm Convergex for $116m

Cowen Group, a US-based financial services firm, has agreed to purchase Convergex from the private equity firm GTCR, Bank of New York Mellon and other shareholders for $116m.

Coutts unveils online investment platform

Private bank Coutts has unveiled an online investment service that will offer access to a suite of five passive funds with different risk levels.