All articles by Verdict Staff
Verdict Staff
Vontobel full-year net income slips marginally
Swiss private bank Vontobel reported a net income of CHF122.3 million (US$136 million) for the year 2013, down 1.5% from CHF124.1 million a year earlier.
Millionaire investors name real estate as most popular alternative asset class: Morgan Stanley
Regarding ownership of alternative asset classes, real estate has no rival, according to the Morgan Stanley Wealth Management Investor Pulse Poll, a periodic survey of US high net worth investors, including a subset of households with a million dollars or more in financial assets.
Wells Fargo Asset Management establishes team in Dubai
Wells Fargo Asset Management has established a team in Dubai to strengthen its presence in the Middle East region.
TradeStation enters Korean Market through alliance with Shinhan Investment
TradeStation, a Monex Group company, has announced that its award-winning, globally-renowned TradeStation investment and trading platform will soon be widely available to serve Korean active and professional investors and traders in their local securities and futures markets (KRX).
Westpac receives derivatives license in China
Westpac Institutional Bank has become the third bank to receive license from the China Banking Regulatory Commission (CBRC) for trading derivatives in China.
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CAIS, Citi and Atlantic Fund Services announce collaboration to launch alternative mutual funds
Three leading industry service providers, CAIS, Citi and Atlantic Fund Services have collaborated to create ALTX Trust, the first series trust designed to provide a turnkey solution for hedge fund managers that seek to launch ’40 Act mutual funds.
AlHuda CIBE, INAYAH partner to promote Islamic banking & finance globally
AlHuda Centre of Islamic Banking and Economics (CIBE) has signed an agreement with INAYAH Islamic Finance Research Institute (IIFRI) to promote Islamic banking & finance globally.
Crestbridge names new director for Luxembourg
Funds, corporate and family office firm Crestbridge has named Yves Cheret as new director of its Luxembourg office.
Deutsche Asset & Wealth Management hires new MD in US
Deutsche Asset & Wealth Management (DeAWM) has hired Brandt Daniel as managing director and private banker in US.
Diversified Trust selects FIS, BMO to provide advanced trust technology
FIS has signed a new multi-year business process outsourcing agreement with Diversified Trust, a wealth management firm based in the southeastern United States with more than US$5 billion in assets under management.