All articles by Verdict Staff

Verdict Staff

NCB Capital implements Charles River’s investment management solution

NCB Capital Company, a Saudi Arabia-based manager of Shariah-compliant funds, has implemented Charles River’s Investment Management Solution (Charles River IMS) to streamlines its operations across all asset classes.

Deutsche Bank names new head of trustee business in Jersey

Deutsche Bank Fund Services has named Kelly Gouveia as a new vice president and head of its trustee business in Jersey.

Webster Private Bank hires new director of relationship management

Webster Private Bank has named Peter Gabriel as senior vice president and director of relationship management.

Invesco expanding suite of liquid alternatives with new mutual funds

Against a backdrop of continued market volatility, investor uncertainty and risk-managed solutions, Invesco is introducing new liquid alternative open-end mutual funds, expanding the firm’s diverse range of alternative offerings covering a variety of investing styles.

Dutch lender Van Lanschot launches online savings account in Belgium

Dutch lender Van Lanschot Bankiers has partnered with Sopra Banking Software of France to launch a new online savings account, Evi, in Belgium.

Coutts finance director departs

Gavin Frost, the group finance director of Coutts & Co UK, has stepped down from his position after a spell of three years with the firm.

Private equity industry raises largest amount of capital since global financial crisis: Preqin

Private equity funds closed in 2013 secured the highest amount of capital in any year since the global financial crisis; the previous high point was when $688bn was raised by funds closed in 2008, according to the Preqin’s research.

Average private real estate vehicles at US$511million in size during 2013

The average size of private real estate vehicles which held final closes in 2013 was US$511million, the highest ever recorded by Preqin.

Jigsaw Wealth Management merges with Globaleye’s Singapore arm

Singapore-based Jigsaw Wealth Management has merged with UAE-based Globaleye Wealth Management’s Singapore arm following an approval from Monetary Authority of Singapore.

LLB Group terminates Liechtensteinische Landesbank (Switzerland)

The LLB Group has terminated Liechtensteinische Landesbank (Switzerland)’s banking activities effective as of the end of 2013, as announced in March 2013.