All articles by Verdict Staff
Verdict Staff
Manufacturing and retail & fashion key industries for German UHNWIs
German UHNWI accumulated wealth mainly through manufacturing; retail & fashion industries
Canada Life Asset Management appoints new MD
Canada Life Investments has appointed David Marchant as chief investment officer and managing director, replacing Rob Ritchie.
Signature Bank adds veteran private client banking team
Signature Bank has appointed a new private client banking team to be based in its White Plains, New York office in Westchester County.
Walker Morris appoints first non-executive board director
Law firm Walker Morris has appointed the former Deloitte managing partner, Stuart Counsell, as its first non-executive board director.
Tikehau to acquire 35% stake in Duke Street Capital
French fund manager Tikehau has agreed to buy a 35% stake in Duke Street Capital, a UK-based private equity group that abandoned plans to raise a new fund last year, according to the Financial Times.
iShares introduces two new currency-hedged fixed income funds
iShares, the exchange-traded funds (ETF) platform of asset management firm BlackRock, has launched two new currency-hedged fixed income fund.
Financial advisors predict no growth for Canadian economy
Canadian financial advisors are predicting zero growth in the Canadian economy during the second half of 2013. That’s according to the summer 2013 edition of the Sun Life Advisor Sentiment Index released by Sun Life Global Investments.
UBS France fined EUR10 million in tax-evasion inquiry
The French banking watchdog has fined Swiss bank UBS’s French unit EUR10 million (US$13 million) for helping hundreds of French clients stash money away in undeclared Swiss accounts.
Falcon to acquire Hyposwisss private banking business in Central and Eastern Europe
Switzerland-based Falcon Private Bank has agreed to acquire the Central and Eastern Europe private banking business of Hyposwiss Private Bank Zurich, a wholly owned subsidiary of St. Galler Kantonalbank.
Broadridge to purchase Bonaire Software Solutions
Broadridge Financial Solutions has inked an agreement to acquire Bonaire Software Solutions, a US-based provider of fee calculation, billing, and revenue and expense management solutions provider.