All articles by Verdict Staff

Verdict Staff

Citi Private Bank hires new UHNW private banker in Miami

Citi Private Bank has hired Boris Espinoza as a director and ultra-high-net-worth (UHNW) private banker in its Miami office.

Calypso selected by Banque de France, Banco de España as core treasury and trading system

Calypso Technology has announced that two European central banks, Banque de France and Banco de España, have jointly selected Calypso as their core treasury and trading system.

Infidar Investment Advisory merges with WMPartners Wealth Management

Zurich-based wealth management companies Infidar Investment Advisory and WMPartners Wealth Management (WMPartners) have now been merged following the takeover of WMPartners by the Julius Baer Group.

SCOBAN receives clearance to launch as a new private bank

SCOBAN recently has received clearance from UK regulators to launch as a new private bank. It will open later in the year under the name Hampden & Co.

Banco Santander to acquire BNP’s private bank unit in Miami

Spanish banking major Banco Santander has reportedly agreed to purchase the private banking unit of BNP Paribas in Miami for an undisclosed sum.

Bloomberg Indexes completes purchase of UBS Australia bond indexes

Bloomberg Indexes, an independent, global index provider, has completed the purchase of UBS’ bond index family in Australia.

Mobile apps gain mass popularity in banking sphere

By Alexandra Capik
With the rapid advancement of technology in today’s world, mobile applications are serving as more than just a source of entertainment. Mobile apps are taking over the banking sphere, with an expected 2 billion banking transactions to be carried out this year alone, according to research by The British Bankers’ Association.

Halbert introduces multiple strategy investment with impressive returns

Halbert Wealth Management (HWM) has introduced “HWM Alpha Advantage”, a new program that combines multiple strategies with low correlation into a single investment account.

Threadneedle signs referral agreement with South Africa’s STANLIB

Threadneedle Investments has signed a promotion and referral agreement with South African investment manager STANLIB to introduce its clients globally to STANLIB’s Africa strategies.

Aberdeen completes acquisition of Scottish Widows Investment

Aberdeen Asset Management has completed the acquisition of Scottish Widows Investment Partnership Group (SWIP) and SWIP’s related private equity fund management business from Lloyds Banking Group, following the receipt of all relevant regulatory approvals.