All articles by Verdict Staff

Verdict Staff

Merrill Edge unveils redesigned mobile app

Merrill Edge, an online discount brokerage service provided by Bank of America Merrill Lynch, has redesigned its mobile app to make it easier for its clients to make informed investment and planning decisions on the go.

Misys to merge with D+H in $2.2bn collaboration

Private equity firm Vista Equity Partners has agreed to acquire D+H, a Canada-based provider of financial software solutions.

HSBC names AIA CEO as new chairman

HSBC has named AIA Group‘s CEO Mark Tucker as its new chairman, breaking the tradition of appointing insiders to the chairmanship.

LGT registers 9% rise in 2016 profit

LGT, the private banking and asset management group owned by Princely Family of Liechtenstein, has posted group profit of CHF230m for the year ended 31 December 2016, an increase of 9% compared to CHF211m a year ago.

Credit Suisse Asset Management signs credit research agreement with Lucror Analytics

Credit Suisse Asset Management has entered into a long-term credit research partnership with research firm Lucror Analytics.

MW Lomax snaps up wealth management firm Westwood Group

MW Lomax, an advisory firm with offices in Melbourne and Sydney, has acquired Westwood Group, a Brisbane-based wealth management firm, for an undisclosed sum.

Man Group appoints president for Americas business

British hedge fund firm Man Group has named Michelle McCloskey to the newly created role of president of Man Americas.

RBC Wealth Management hires wealth planning head in US

RBC Wealth Management-U.S. has appointed Angie O’Leary to the newly created role of wealth planning head.

InvestCloud creates new division to expand Europe business

Fintech firm InvestCloud has launched a new division in order to incorporate accounting and robo capabilities to its digital wealth management platform.

Old Mutual Wealth adjusted operating profit drops 15% in 2016

Old Mutual Wealth has posted a pre-tax adjusted operating profit (AOP) of £260m for the year ended 31 December 2016, a 15% decrease compared to £307m a year ago.