All articles by Verdict Staff

Verdict Staff

CIBC keen to buy to buy wealth management business in UK, Europe

Canadian Imperial Bank of Commerce (CIBC) is keen to buy wealth management firms overseas while focusing on Canada and the US, the bank’s CEO Gerald McCaughey said.

Bank of America appoints president of strategic initiatives, chief risk officer

Bank of America Corporation has announced that chief risk officer Terry Laughlin is moving to a new role as president, Strategic Initiatives.

Bulgaria updates double taxation agreement with Romania

Bulgaria government has approved a draft proposal to update the double taxation agreement with Romania, according to Sofia Globe.

GAM Holding launches new share buy-back programme

GAM Holding has initiated a new share buy-back programme in a bid to reduce capital.

Speechly Bircham promotes six to partnership

Speechly Bircham has announced six partner promotions this year, in one of its largest ever promotion rounds.

Financial knowledge highest coveted by the highest net worth: Spectrem

Financial knowledge highest coveted by the highest net worth, according to a Spectrem Group study.

Alderley Asset Management sold to TPD Wealth Management

Alderley Asset Management has been purchased by TPD Wealth Management, a company owned by Alderley’s two directors.

Appleby receives licence to offer offshore legal services in China

Appleby has received a license from China’s Ministry of Justice to provide offshore legal services in the country from its Shanghai base.

Certitude selects BNP Paribas as custodian and administrator for trusts

Certitude Global Investments selected BNP Paribas Investment Partners as custodian and administrator for 14 unit trusts which represent nearly $1 billion in funds under management.

Alibaba’s co-founder Jack Ma to form philanthropic trust

Chinese e-commerce giant Alibaba’s co-founder Jack Ma is planning to launch a philanthropic trusts aimed primarily at health care and the environment.