All articles by Verdict Staff

Verdict Staff

McDermott Will & Emery expands International Private Client Practice Group

British law firm McDermott Will & Emery has added Withers’ private client partner, Ziva Robertson, to its International Private Client Practice Group, based in the London.

BMO Harris Investment Management Inc. makes risk rating reductions to certain portfolios

BMO Harris Investment Management Inc. has made changes to reduce the risk ratings of BMO Harris Canadian Growth Equity Portfolio, BMO Harris Canadian Corporate Bond Portfolio, BMO Harris U.S. Equity Portfolio, BMO Harris International Equity Portfolio and BMO Harris Emerging Markets Equity Portfolio.

deVere Group acquires Dubai-based advisory firm Acuma

British financial consultancy firm deVere Group has acquired Acuma, a Dubai-based wealth manager, International Adviser has reported.

Omgeo, Eze Software automate matching between platforms

Omgeo and Eze Software Group have launched a high-performance link between Eze OMS and Omgeo Central Trade Matcher (Omgeo CTM), in order to automate futures and options matching between the two products.

Advisory firms must slash fees and target mass market clients- Deloitte

Advisory firms must slash fees by up to 50% and target mass-market orphan clients as there are not enough high-net-worth clients to support the industry, according to a Deloitte report.

China CITIC Bank International to launch Flexi Deposit Series

China CITIC Bank International Limited has launched Hong Kong’s first and only Flexi Deposit Series which comprises a new Flexi Time Deposit and the popular Flexi Saver, providing customers greater flexibility in switching between three currencies for capturing exchange opportunities towards achieving their wealth accumulation goals.

BRI Asset Management deploys Invu document management solutions

BRI Asset Management has deployed Invu’s 27 licences throughout the organisation to comply with regulatory requirements and to enable company expansion through remote working.

Future focused – Private Banking: London 2013

PBI’s London conference, Private Banking: London 2013, heard a fascinating range of speakers at City of London’s Guildhall on 2 July discuss everything from apprenticeships to resisting the urge to offer UHNW clients the ‘priceless’ exclusive events that some felt were unnecessary. Here we give an overview of some of the key takeaways. The full write-up of the event, along with photos from the day, will appear in this month’s edition of PBI.

Merrill Lynch poaches three Morgan Stanley brokers

Merrill Lynch, the retail brokerage arm of Bank of America, has hired three brokers from rival Morgan Stanley in New York and Washington, D.C.

Riyad Bank selects Calypso Technology for front-to-back-office support

Riyad Bank has selected Calypso Technology to provide treasury operations and structured product front-to-back-office support.