All articles by Verdict Staff
Verdict Staff
WH Ireland may shut smaller offices to reduce costs
WH Ireland is planning to close some of its smaller offices as it has started cost cutting review of its wealth management arm.
Butterfield completes acquisition of Legis Groups trust business
Bermuda-based Butterfield Bank has completed the acquisition of Legis Groups Guernsey-based trust and corporate services business.
East Capital strengthens sales team in Hong Kong
East Capital Asia has strengthened its sales team in Hong Kong by appointing Sébastien Gandon as senior account manager.
SEI launches new website for private wealth management clients
SEI has launched its new Private Wealth Management client website.
Stanhope Capital expands Channel Islands team with new hires
Stanhope Capital, a global investment firm managing $8.5 billion on behalf of wealthy families, charities and other institutions, has appointed David Nolan and Jonathan Overland to its Channel Islands team.
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Alibaba Group launches new wealth management product
Alibaba Group, a China-based e-commerce firm, has launched a new wholly-owned subsidiary, named Shanghai Zhaocaibao Financial Service, which operates as a wealth management platform.
BEA China to offer cross-border electronic RMB payment service in Shanghai FTZ
The Bank of East Asia (China) (BEA China) has signed an agreement Shanghai Shengpay e-payment Service Company (SDP) to offer cross-border electronic renminbi payment services.
Virtus Investment Partners appoints head of distribution
Virtus Investment Partners, which operates a multi-manager asset management business, has announced that Barry Mandinach has joined the company as executive vice president and head of distribution.
Crosslane Fund Managers opens new office in Dubai
Crosslane Fund Managers has opened a new Dubai office and hired Lee Jones to head up the new office.
HSBC Global Asset Management India launches new fund of funds scheme
HSBC Global Asset Management India has unveiled a new open-ended fund of funds scheme, called HSBC Managed Solutions.