All articles by Verdict Staff

Verdict Staff

New forum created for US professionals in London

A new professional forum, US Professionals Association (USPA), has been launched to strengthen the relationships between the various professional firms that service the US community in London, according to Lawyer Monthly.

Sussex advisors launch Juno Wealth Management brand

Tracey Evans and Derek Evans, Sussex-based advisor couple, have left national IFA Ashley Law and rebranded their firm as Juno Wealth Management.

Looking back at 25 years

PBI’s 300TH ANNIVERSARY ISSUE
This month edition marks the 300th issue of Private Banker International, the world’s oldest established periodical of wealth management, since we first appeared way back in 1987. The industry for personalised advice for high net worth investors has come an awful long way since the 1980s. Back then, private banking was relatively primitive and, in international terms, absolutely dominated by the Swiss banks and offshore, rather than onshore banking.

Swiss private bank Rahn & Bodmer under US tax investigator’s lens

Swiss private bank Rahn & Bodmer has disclosed that it is under investigation by US authorities for allegedly aiding American citizens evade taxes.

Lack of customer confidence is biggest challenge facing banking sector, says CISI survey

A lack of customer confidence is the biggest challenge facing the banking sector, according to a survey carried out by the CISI, five years after the collapse of Lehman Brothers.

Asia-Pacific hedge fund industry outperforms all other regions over 12 months: Preqin

New research in Preqin Special Report: Asia-Pacific Hedge Funds, September 2013 reveals that Asia-Pacific-focused hedge funds posted net returns of 18.61% over the 12 months since July 2013, compared to the 15.38% and 11.97% achieved by North America- and Europe-focused funds.

SEC names director for San Francisco regional office

The US Securities and Exchange Commission (SEC) has appointed Jina Choi as director of the San Francisco regional office, where she will oversee enforcement and examinations in Northern California and the Pacific Northwest.

Brooks Macdonald annual pre-tax profit rises by 22%

British wealth manager Brooks Macdonald has reported pre-tax profit of £10.4 million (US$16.4 million) for the year ended 30 June 2013, an increase of 22% from £8.5 million (US$13.4 million) reported a year ago.

Guernsey’s finance industry shows stability in Q2, signs of growth in Q3

Guernsey’s finance industry had a stable second quarter and is already showing signs of renewed growth in the second half of the year.

Fidelity unveils mobile check deposit technology for family office professionals

Fidelity Investments has launched mobile check deposit technology for registered investment advisor, broker-dealer and family office clients.