All articles by Verdict Staff
Verdict Staff
Franklin Templeton unveils Euro Short Duration Bond Fund
Franklin Templeton has bolstered its European fixed income range by launching a Luxembourg-registered Franklin Euro Short Duration Bond Fund for retail investors in the UK.
BDO Unibank to buy Deutsche Bank trust business in Philippines
Banco de Oro (BDO) Unibank has signed an agreement to purchase the Philippine trust business of Deutsche Bank.
How high-net-worth investors use advisors: Spectrem
There is a difference between investors who use financial advisors and those who are dependent upon them, according to a study by Spectrem.
RBC Global Asset Management expands Asian equities team
RBC Global Asset Management (RBC GAM) has expanded its equities business by appointing Tomonori Kaneko and David Soh as equity analysts, and Clement Cheng as equities trader at RBC GAM (Asia) Limited in Hong Kong.
Legal & General establishes new private client solutions team for HNW clients
UK-based Legal & General Group (L&G) has established a new Private Client Solutions team to offer tax solutions to high-net-worth (HNW) clients of discretionary fund managers (DFMs).
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Former Ziff Brothers employee to launch hedge fund firm in Hong Kong
Gregard Heje, former Asia head of Ziff Brothers Investments, is planning to start his own Hong Kong-based hedge fund in the second quarter of this year.
BNY Mellon Wealth Management appoints six new senior sales directors
BNY Mellon Wealth Management has expanded its business development in New York, Chicago, San Francisco and Philadelphia by making six new senior hires.
RBS to shrink investment banking business, slash 30,000 jobs -report
Royal Bank of Scotland Group (RBS) is planning to close riskier investment banking business in US and shrink in large parts of Asia, a move that is expected scale down the bank’s staff headcount by at least 30,000 over the next three to five years, the Financial Times reported.
Swiss bank BCV reports 10% decline in annual profit
Swiss bank Banque Cantonal Vaudoise (BCV) has posted a net profit of CHF80 million (US$314.2 million) for 2013, a 10% decline compared with the year ago.
Affluent Arizonans say they need an average of US$2.3 million for retirement: BMO Private
High-net worth Arizonans reported that they require, on average, US$2.3 million to fund their retirement, according to a study by BMO Private Bank.