All articles by Verdict Staff
Verdict Staff
Credit Suisse aims to boost profits in Europe and US wealth units
Credit Suisse is seeking to “enhance efficiency” in its onshore wealth-management units in western Europe and expand product offerings in the US, according to the Swiss private bank’s chief executive officer Brady Dougan.
Bank of Italy gives approval to Kairos Julius Baer Sim
The Bank of Italy has signed off the merger of Kairos and Julius Baer Sim and officially begun the private banking partnership aimed at creating an Italian private bank that offers asset management and counseling services.
Financial services the most important sector for USA UHNWIs
Financial services the most important sector for USA UHNWIs
MF Global ends bankruptcy as trustee steps down
Collapsed brokerage MF Global Holdings has ended its bankruptcy, saying court-appointed trustee Louis Freeh will step down and hand the remaining wind-down duties to a new three-member board.
Coutts appoints director for Channel Islands
Coutts has appointed Ronan Walsh as director of Coutts Channel Islands, with immediate effect.
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Investec Wealth & Investment chief strategist leaves
After less than a year in the position, Jim Wood-Smith, chief investment strategist at Investec Wealth and Investment, has left the firm.
Mashreq Al Islami launches solutions for SMEs
To offer competitive profit rates on Islamic Business finance of up to AED1.5 million
US-Swiss tax deal halted as lawmakers ask for more information
Switzerland’s parliament has halted a bill, that would allow Swiss banks to hand over client data to US authorities as part of a measure to crackdown on tax evaders, saying it needs to “know more” about what the deal entails.
Banyan Partners to acquire Silver Bridge
US-based investment-advisory firm Banyan Partners has agreed to acquire a Boston-based wealth-management firm, Silver Bridge Advisors.
Extraterritorial aspects of EU regulations likely to be onerous on Asia: Asifma
Asia Securities Industry & Financial Markets Association (Asifma) has said that the extraterritorial aspects of various European Union (EU) regulations – currently being implemented – are likely to have a “particularly onerous effect on entities established in Asian jurisdictions”.