All articles by Verdict Staff
Verdict Staff
Deutsche Bank expands foreign exchange investor sales team in North America
Deutsche Bank has appointed Gaurang Chadha as a managing director within its foreign exchange investor sales team in North America.
Heartwood poaches Kleinwort Benson’s wealth structuring head
Heartwood, part of the Handlesbanken Group, has hired Kleinwort Benson Private Banks head of wealth structuring, Jeremy Croysdill as client director in its private wealth management team.
Skandia signs outsourcing agreement with IFDS
Skandia, part of Old Mutual, is set to outsource its administration to IT and outsourcing firm International Financial Data Services (IFDS) under a 20-year contract.
INDOS Financial selects BDO for advisory and assurance services
INDOS Financial, an independent Alternative Investment Fund Managers Directive (AIFMD) depositary business, has selected the accountancy and business advisory firm BDO LLP to provide advisory and SOC1/ISAE 3402 (formerly SAS70) assurance services.
Guggenheim Securities hires new MD in Washington, D.C. office
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, has hired Bijan Moazami as a managing director in its Washington, D.C. office.
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Multiplicity awarded EUR 340 million realization mandate by large European bank
Multiplicity Partners, a Zurich-based specialist for illiquid and impaired investments, has been appointed exclusive advisor by a major European bank to manage the realization of a EUR340 million portfolio of complex investments involving fund structures in multiple on- and offshore jurisdictions.
Alceda applies for AIFM licences in Germany, Luxembourg
As part of its strategy to further extend its international presence, Alceda has applied for Alternative Investment Fund Manager (AIFM) licence Germany and Luxembourg.
EFG Swiss head leaves bank for Bahamas
The head of EFG International’s private banking operations in Switzerland is leaving the Swiss bank and will not be replaced.Ludovic Chechin-Laurans, who was also a member of the executive committee, is stepping down for personal reasons and will be moving to the Bahamas where he will pursue a new business venture.
PriceMetrix releases mobile tablet application for wealth management industry
PriceMetrix, a practice management software company, has released a mobile tablet application for the wealth management industry, in order to give financial advisors and retail brokerage executives immediate notification and access to PriceMetrix thought leadership content.
Dexias AuM remains stable at 72.7 billion
Dexia Asset Management has reported that its assets under management (AuM) remained stable, standing at 72.7 billion (US$96.9 billion) as of 30 June 2013, compared to 72.9 billion (US$97.1 billion) at the start of the year.