All articles by Verdict Staff

Verdict Staff

Diversified is the primary source of wealth for Turkish UHNWIs

Diversified is the primary source of wealth for Turkish UHNWIs

Prairie Centre Credit Union selects Qtrade as partner for wealth management services

Canada-based Prairie Centre Credit Union has selected Qtrade Financial Group as its new partner for comprehensive wealth management services, including securities dealer, mutual fund dealer, insurance and online brokerage.

Avaloq to open BPO centre in Singapore

Banking software solutions provider Avaloq Group has taken a further step in its international strategy for providing Business Process Outsourcing (BPO) to financial institutions with a local Singapore BPO centre for the Asian wealth management market.

Lyxor Asset Management appoints head for Asia operations

Lyxor Asset Management (Lyxor) has appointed Gilbert Tse as head of Lyxor for Asia.

BB&T Capital Markets hires head of institutional sales and trading

BB&T Capital Markets has hired Michael H. Riskind as head of institutional sales and trading for its equity capital markets group.

EXCLUSIVE: Banque Havilland private banking CEO leaves family run bank

The CEO of private banking at Banque Havilland has left the position less than a year into the role.

Bank of America Merrill Lynch expands GTS business in Canada

Bank of America Merrill Lynch (BofA Merrill) has expanded its Global Transaction Services (GTS) business in Canada.

Deutsche Bank’s Sal Oppenheim expects to return to profit by 2015

Sal Oppenheim, the wealth management arm of Deutsche Bank, expects cost cuts to enable the private bank to return to profit by 2015, the lender’s CEO, Wolfgang Leoni, told Reuters in an interview.

Aviva appoints new manager for EMD funds

Aviva Investors has appointed Aaron Grehan to manage Jerry Brewin’s emerging market debt (EMD) funds.

Platform industry profitability hampered by high costs in the UK: Altus

Total platform industry costs in the UK stood GBP50 million higher than revenues in 2011 despite assets under administration of nearly GBP250 billion, according to a white paper published by technology firm Altus