All articles by Verdict Staff
Verdict Staff
European Parliament rejects bonus limit for fund managers
The European Parliament has rejected proposals to ban fund managers from receiving bonuses amounting to more than their annual salary amid warnings the plan could backfire by harming pensions and savings, reports Bloomberg.
Barclays Wealth appoints Greater China market head
Barclays Wealth, the global wealth management division of Barclays, has promoted Carol Chen to overall market head of its Greater China business based in Hong Kong.
Morgan Stanley Wealth Managements Wilmington Office hires Financial Advisor
Morgan Stanley has hired Dennis Crowley as a Financial Advisor.
Citi Australia poaches State Street executive
Citi Australia has appointed Sandeep Gurkhi, currently vice president of portfolio solutions at State Street, as its new vice president of transition management and pension services, according to Financial Standard.
ESMA publishes research on the sale of complex products to retail financial consumers
The European Securities and Markets Authority (ESMA) has published a research report on Retailisation in the EU, which examines the growth in the sale of complex financial products to retail financial consumers in the European Union (EU).
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
HSBC Global Asset Management appoints new sub-advisor
HSBC Global Asset Management (Canada) Limited has appointed a new sub-advisor to co-manage the HSBC Small Cap Growth Fund and HSBC Canadian Small Cap Equity Pooled Fund.
Standard Chartered to launch Islamic banking services in Kenya, Indonesia
Standard Chartered is set to launch Islamic banking in Kenya and may expand services in Indonesia.
China Universal Asset Management launches its first index product
China Universal Asset Management, a subsidiary of Shanghai-based fund giant China Universal, has forayed into the RQFII ETF market by launching its first index product, the C-Shares CSI 300 Index.
Webster private bank hires Director of Fiduciary Services
Webster Bank has hired Timothy Throckmorton as senior vice president and Director of Fiduciary Services.
RBC appoints vice president and managing director for UHNW clients
RBC Wealth Management, part of Royal Bank of Canada, has appointed Mike Moodie as the new vice president and managing director of ultra high net worth (UHNW) at RBC Wealth Management – British Isles and Caribbean, effective 1 September 2013.