All articles by Verdict Staff
Verdict Staff
Brooks Macdonald H1 pre-tax profit jumps 49%; discretionary FUM up 19%
British wealth manager Brooks Macdonald Group has reported a pre-tax profit of £8.16m for the six months ended 31 December 2016, a 49% surge compared to £5.48m in the prior comparative period.
EFG International annual net profit surges to CHF339.3m
Swiss private bank EFG International has posted net profit of CHF339.3m for the year ended 31 December 2016, a huge surge compared to CHF57.1m a year ago.
Old Mutual Wealth snaps up two Birmingham-based advice firms
Old Mutual Wealth (OMW) Private Client Advisers has set up a Birmingham office with the acquisition of local advisory businesses Premier Planning and Premier Wealth for an undisclosed sum.
Are you fully prepared for a cyber attack? Tell us more..
Preventing cyber-attacks is at the top of most organizations’ agendas with both operational and reputational risk at stake. This is, however, becoming increasingly difficult as the attacks are growing in sophistication at an alarming rate.
Banque Internationale à Luxembourg bolsters Dubai team
Banque Internationale à Luxembourg (BIL) has hired a number of professionals for its Dubai branch to accelerate its growth in the Middle East region.
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Close Brothers adjusted operating profit surges in H1; names new chairman
Close Brothers Group has posted an adjusted operating profit of £134.2m for the six months to 31 January 2017, an increase of 21% from £111.2m a year ago.
World capital market regulators pick Malaysia for Asia-Pacific hub
The International Organization of Securities Commissions (IOSCO), the global body of capital market regulators, has launched it’s first-ever Asia Pacific hub in Malaysia.
Manulife receives licence to launch investment products from Shanghai unit
Manulife has received an Investment Company Wholly Foreign-Owned Enterprise (WFOE) licence in China.
Charles Schwab launches new hybrid advisory service
Charles Schwab has announced the broad availability of its new hybrid advisory service, dubbed Schwab Intelligent Advisory, which clubs live credentialed professionals and advanced technology.
American Savings Bank taps Cetera to improve wealth management business
Hawaii-based American Savings Bank (ASB) has signed an agreement to move its wealth management business onto Cetera Financial Institutions’ platform.