All articles by Verdict Staff

Verdict Staff

Deutsche Bank not eyeing takeovers in wealth management, says CEO

Deutsche Bank is not pursuing takeovers in asset and wealth management, a business the bank is seeking to grow rapidly, the German bank’s co-CEO Anshu Jain said.

Bank Of Korea goes live with Calypso’s integrated asset management solution

Bank of Korea has gone live with a front-to-back office solution by integrated treasury and capital markets software provider, Calypso Technology, to manage its portfolio.

American regulator gives big banks two years to wall off swaps trading

The Office of the Comptroller of the Currency (OCC) has granted seven large US banks an additional two years to comply with Dodd-Frank rules requiring they spin off derivatives trades into separate units.

Lyxor Asset Management’s chairman departs

Alan Dubois, Lyxor Asset Management’s chairman, has reportedly left the firm after 12 years with the asset manager.

NAB Private Wealth to provide financial advice to rugby players

The Rugby Union Players Association (RUPA), the representative body for professional rugby union players in Australia, has entered into a partnership with NAB Private Wealth.

BNY Mellon appoints regional president for Orange County

BNY Mellon has named Shannon Kennedy regional president to oversee the firm’s Orange County office and lead its planned expansion into San Diego.

TD Wealth hires senior vice president and regional head

TD Wealth has appointed veteran banker Carol Yochem as its senior vice president and head of the Metro Carolinas region.

US and Japanese authorities to facilitate FATCA implementation

The Authorities of Japan – the Financial Services Agency, the Ministry of Finance and the National Tax Agency – and the US Department of the Treasury have released the “Statement of Mutual Cooperation and Understanding” to improve international tax compliance and facilitate the implementation of the Foreign Account Tax Compliance Act (FATCA).

Schroders expands global fixed income team

British asset manager Schroders has hired Bogdan Popovici as a fund manager within its global fixed income team.

Jakarta home to largest portion of Indonesia’s UHNWIs

Jakarta home to largest portion of Indonesia’s UHNWIs