All articles by Verdict Staff

Verdict Staff

Deutsche Bank names new global head of human resources

Deutsche Bank has named Pippa Lambert as new global head of human resources effective 1 July 2013.

Senior moves June 2013

People moves in the private banking, and wealth management industry in June 2013

BMO Harris Private Banking opens new office in Markham

BMO Harris Private Banking today officially opened its newest Canadian office in Markham, ON at an event attended by local dignitaries, clients and BMO Financial Group partners.

Bank of America Merrill Lynch introduces Cash Management Essentials

Bank of America Merrill Lynch has launched Cash Management Essentials, a suite of treasury management solutions specifically created to meet the needs of small business clients.

Robert Stevens sells 955,000 shares in Lockheed Martin Corp for $97.31m

Robert Stevens, executive chairman of Lockheed Martin Corp, the US based company operating in the aerospace and defense sector, has netted $97.31m from the sale of a two share sales.

Swiss parliamentary committee okays FATCA Model 2 agreement

The Swiss Committee for Economic Affairs and Taxes of the National Council (CER-N) has backed the Foreign Account Tax Compliance Act (FATCA) Model 2 agreement (IGA) with the US.

BNP Paribas plans to expand operations in Germany

French banking major BNP Paribas is planning to expand its activities in German market and the bank is expected to make a formal announcement when it announces its second-quarter results at the end of July.

BNP Paribas Securities Services launches integrated collateral management solution

BNP Paribas Securities Services has launched Collateral Access, a fully integrated collateral management solution offering to cater for both buy-side and sell-side clients.

Investments through offshore financial centres remain a concern, says UN report

Investments through offshore financial centres (OFCs) and special-purpose entities (SPEs) are at historically high levels. Financial flows to OFCs are still close to the peak reached in 2007, according to a UN report.

Customers Bancorp to invest $51 million in India’s Religare Enterprises

US-based Customers Bancorp has entered into a business collaboration agreement with India-based diversified financial services group Religare Enterprises and plans to invest US$51 million over a period of 18 months.