All articles by Verdict Staff
Verdict Staff
ASIC to impose licence conditions on two Commonwealth Bank financial planning businesses
ASIC is set to impose license conditions on the Australian financial services licenses of two financial planning businesses owned by the Commonwealth Bank of Australia (CBA) Commonwealth Financial Planning Limited (CFPL) and Financial Wisdom Limited (FWL).
Banque Cramer agrees to buy Valartis Wealth Management
Banque Cramer & Cie, a subsidiary of Norinvest Holding, has agreed to buy Valartis Bank AG, Switzerland, and Valartis Wealth Management, Switzerland.
Maitland launches AIFMD fund platform in Luxembourg
Maitland has received approval from the Luxembourg regulator (CSSF Luxembourg) for its Alternative Investment Fund Manager Directive (AIFMD) compliant management company and its specialized investment fund.
Taiwan approves rich man’s tax
Taiwan’s parliament has approved a law called rich man’s tax on nearly 10,000 of the countrys wealthiest people to address the wide income gap between the rich and poor.
Investec’s David Currie to resign to establish Codex Capital Partners
David Currie, who has led Investec’s UK investment banking division for over 10 years, is reportedly stepping down to form a new company, Codex Capital Partners.
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BNY Mellon, Goldman Sachs partner to target Asian HNW investors
BNY Mellon has added Goldman Sachs Asset Managements (GSAM) two new products on its separately managed accounts (SMA) platform, Spectrum.
Vontobel Asset Management names new head of outcome driven investments
Vontobel Asset Management has named Philippe Bonvin as new head of outcome driven investments.
PWMA appoints new managing director
Hong kong-based Private Wealth Management Association (PWMA) has appointed Joanne Leung as its new managing director.
OCBC bank appoints new Chief Risk Officer
OCBC Bank has appointed Vincent Choo Nyen Fui as executive vice president and chief risk officer with effect from 1 August 2014.
Huntington Bank appoints new chief investment officer
Huntington Bancshares has named John Augustine, a well-known investment strategist, as chief investment officer for The Private Client Group.