All articles by Verdict Staff
Verdict Staff
Credit Suisse’s chairman of private banking Asia-Pacific to step down
Credit Suisse’s chairman of private banking for the Asia-Pacific region, Marcel Kreis, will resign on 1 July 2013 in a planned succession that leaves Francesco de Ferrari in charge of the wealth management market, reported Bloomberg.
Association of the Luxembourg Fund Industry elects new Board and chairman
At its Annual General Meeting, the Association of the Luxembourg Fund Industry (ALFI) elected a new Board of Directors for a period of two years and renewed the mandate of Marc Saluzzi as chairman for the same period of time.
Morgan Stanley gets approvals to buy remaining stake in wealth management JV
Morgan Stanley has received all regulatory approvals to acquire the remaining 35% interest in Morgan Stanley Smith Barney Holdings (MSSBH) from Citigroup, fulfilling a key strategic priority.
F&Cs marketing head quits following a corporate restructure
F&C Investments marketing head Tracy Fennell is to leave the firm at the end of July 2013, following a restructure of the companys business development team.
OECD initiates steps to deal with global tax evasion
The Organisation for Economic Co-operation and Development (OECD) has presented a report to the leaders of the G8 countries, which sets out a four-pronged strategy for tackling global tax evasion.
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Alter Domus reports changes in corporate governance structure
Global provider of corporate and fund services to private equity houses, real estate firms, multinationals and private clients, Alter Domus, has reported changes in its corporate governance structure that are more in line with its operating model and future challenges.
US markets to stay volatile as Coutts suspects possible folly by Fed
Markets are likely to remain volatile and investors risk averse as the US Federal Reserves determination on possibly tapering quantitative easing and complacency on low inflation could lead to a policy mistake, said Gary Dugan, chief investment officer, Asia and Middle East at Coutts.
Standard Chartered makes non-executive director hires
The Board of Directors of Standard Chartered has appointed new independent non-executive directors and a senior independent director.
Equiniti to launch platform for centralised pooling of back office services
UKs share registrar and financial services outsourcing specialist, Equiniti, is launching a new technology platform to provide a centralised pooling of custody and business processes as well as a customer interface.
Nikko AM appoints chief legal officer
Nikko Asset Management (Nikko AM) has appointed Ross Long as its chief legal officer, to join the senior management team and be responsible for all legal functions globally at Nikko AM.