All articles by Verdict Staff

Verdict Staff

Standard Life Investments establishes new office in Hong Kong

Standard Life Investments has established a new office in Hong Kong to make the region as its Asia Pacific hub, according to International Adviser.

Credit Suisse to set up new fixed-income group following job cuts

Credit Suisse Group has formed a new division combining its rates, foreign-exchange and commodities operations as it cuts more than 100 fixed-income jobs in London and New York.

Arbuthnot Latham opens branch in Dubai

Arbuthnot Latham & Co. has opened its first international branch in the Dubai International Financial Centre (DIFC).

Binker Capital strengthens Sales and Distribution, Family Wealth Partners units

Brinker Capital, a Pennsylvania-based investment management firm, has strengthened its Sales and Distribution unit and Brinker Family Wealth Partners business with the promotion of two of its executives, William Bill Simon and Leo Lee Dolan, as executive vice presidents of the respective businesses.

DFSA investigates Deutsche Bank over anti-money-laundering practices

Dubai Financial Services Authority (DFSA) is investigating Germany’s Deutsche Bank over alleged shortcomings in its customer due diligence and anti-money-laundering procedures, The National has reported.

US Justice Department urges Swiss banks to come forward or risk prosecution

The tax division of the US Justice Department has urged Swiss banks to support their anti-tax evasion drive or risk prosecution.

Measuring banks’ and credit unions’ customer loyalty: Aite report

Consumers show their loyalty in two ways: by referring a product or brand to others, and by buying more from a brand.

GLG launches undervalued assets fund in UK

GLG Partners, a UK-based privately owned hedge fund sponsor, has launched an undervalued assets fund.

Canada’s affluent will be leaving four percent of their estates to charity: BMO Harris

High-net-worth Canadians (those with investible assets of US$1 million or more) plan on leaving an average of four per cent of their estates to charitable causes in their wills, according to a study released by BMO Harris Private Banking to mark National Philanthropy Day on November 15.

Private Wealth Management Group acquires Harbor Trust Wealth Management

The Private Wealth Management Group, an investment and financial planning firm based in Worcester, has acquired Winchester-based Harbor Trust Wealth Management.