All articles by Verdict Staff
Verdict Staff
Chinas OFDI flow to exceed $200 billion in 2017: CNCBI
China CITIC Bank International (CNCBI) expects the flow of Chinas outbound foreign direct investment (OFDI) to grow at a CAGR of more than 20% in the next five years, subsequently reaching over $200 billion in 2017.
India sends 232 secret tax information requests to Switzerland
India has made 232 new requests for obtaining secret financial information under the Double Taxation Avoidance Agreement (DTAA) to Switzerland during the 2012-13 financial year.
Nikko Asset Management hires former Nomura executive as chairman
Japan’s Nikko Asset Management has named Takumi Shibata, former COO of Nomura Holdings, as its new chairman, effective 1 July 2013.
US-based Starwood Capital shuts India fund management unit
US-headquartered private equity firm, Starwood Capital Group has shut its fund management business in India recently.
JP Morgan Private Bank hires new MD in UK team
JP Morgan has appointed Robert Kalff as a managing director for its ultra high net worth private banking team in the UK.
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Foreign investment into Europe holds up in 2012: Ernst & Young
Foreign direct investment (FDI) into Europe held up in 2012 despite the ongoing economic problems in the Eurozone, according to Ernst & Youngs annual European Attractiveness Survey.
UBS appoints financial advisor in Ohio
UBS Wealth Management Americas has hired a financial advisor, Stephen Fish, from regional wealth management firm Hilliard Lyons.
SunTx Capital’s founding partners launch IXTHYS Capital Management
The founding partners of SunTx Capital Partners, in association with senior portfolio manager Ron Dodson, has launched IXTHYS Capital Management, (IXTHYS), a new hedge fund investment manager.
Chinas growth will continue to face increasing challenges: L&G IM
Legal & General Investment Management has reported that while China’s growth will continue, the country will face increasing challenges as it transitions to a slower growth environment.
Stifel hires two financial advisers to open new office in Florida
Stifel, Nicolaus & Company has hired financial advisers Michael Wallace and Todd Belfiore to establish a new Private Client Group office in Tampa, Florida.