All articles by Verdict Staff

Verdict Staff

Investec Wealth & Investment poaches senior team from Deutsche Bank

Investec Wealth & Investment (IW&I) has bolstered its Edinburgh-based team with the four senior investment hires from Deutsche Asset & Wealth Management as speculation continued that the German-owned business is up for sale.

US opens online FATCA registration system

The Internal Revenue Service (IRS) of US has launched a new online registration system for financial institutions that need to register with it under the Foreign Account Tax Compliance Act (FATCA).

Huntington Asset Services extends relationship with Dean Family of Funds

Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares, has extended its relationship with Dean Family of Funds through December 2015.

Blackstone aims to raise US$5 billion for European fund – report

The real estate arm of Blackstone is planning to raise up to US$5 billion for a new European fund, according to media reports.

Sydney home to largest number of UHNWIs in Australia

Sydney home to largest number of UHNWIs in Australia

The Bank of East Asia receives RQFII approval

The Bank of East Asia (BEA) has been approved as a Renminbi (RMB”) Qualified Foreign Institutional Investor (RQFII) by the China Securities Regulatory Commission (the CSRC).

GoldenTree Asset Management hires MD for business development

GoldenTree Asset Management, an investment firm that manages alternative and traditional asset strategies for institutional and high net-worth investors, has hired James Clarke as managing director of business development.

NAB’s wealth division reports flat Q3 earnings

National Australia Bank (NAB) has said that cash earnings at its wealth division were broadly stable in the third quarter.

AMG Wealth acquires equity stake in Clarfeld Financial Advisors

AMG Wealth Partners, a subsidiary of Affiliated Managers Group, has acquired a minority stake in Clarfeld Financial Advisors, a New York based firm that oversees US$4 billion in assets.

CertusBank partners with Monarch Business and Wealth Management

CertusBank, through its wealth management division CertusWealth, has agreed to partner with Monarch Business and Wealth Management and invest in the company.