All articles by Verdict Staff
Verdict Staff
Barclays says it has no plans to exit Swiss wealth management
Barclays has no plans to exit Swiss wealth management market in spite of the fact that country is fast losing its reputation as banking secrecy hub and regulatory cost has risen sharply in recent past.
Bedlam Asset Management to shut down
London-based Bedlam Asset Management, which was launched in 2002 and has £360 million in assets under management, is to shut down and return money to investors.
BB&T Wealth opens first office in Texas
BB&T Wealth has opened its first office in Texas in the Dallas/Ft. Worth region.
US authorities seek information from banks on offshore tax evaders
US authorities have been granted permission by federal court to seek information from five US banks regarding details of American clients evading taxes by hiding assets and income in offshore banks.
CSRC grants RQFII license to Mirae Asset HK
Emerging markets specialist Mirae Asset Global Investments Hong Kong (Mirae Asset HK) has received a Renminbi Qualified Foreign Institutional Investor (RQFII) license from the China Securities Regulatory Commission (CSRC) on 30 October 2013.
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Franklin Templeton appoints head of alternatives sales, Europe
Franklin Templeton Investments has named Peter Vincent as head of alternatives sales, Europe.
Dion Global, US Tax and Financial Services partner for FATCA strategic alliance
Dion Global Solutions has entered into a strategic alliance with US Tax and Financial Services in a bid to support its Foreign Account Tax Compliance Act (FATCA) compliance solutions.
Merrill Lynch Wealth Management poaches Goldman Sachs financial advisor
Bank of America’s Merrill Lynch Wealth Management has hired Goldman Sachs’ financial advisor Kendall Cotten for its private banking and investment groups office in Dallas.
Schroders expands UK Institutional Sales team
Schroders has expanded its institutional sales team with the appointment of Claire Glennon who joins to take up a new role within the UK & Ireland Institutional Business Development team.
Asos’ director nets £12m in share sale
Nicholas Beighton, Director of Asos Plc, a UK-based operator of online fashion and beauty retail stores, has sold 240,000 shares, representing 0.29% stake in the company.