All articles by Verdict Staff

Verdict Staff

Societe Generale Private Banking renews partnership with French golfer

Societe Generale Private Banking has renewed its support for the French player Thomas Levet, winner of the French Open in 2011.

National Bank partners RPM Technologies

National Bank has partnered with RPM Technologies to implement R-Term, its exchange and settlement platform for the distribution of guaranteed investment products, with the aim of improving the bank service offering to investors and financial institutions.

OppenheimerFunds appoints new president

OppenheimerFunds, a US-based investment management firm, has promoted its chief investment officer Art Steinmetz to the role of president.

Changing luxury consumption patterns leading to quality over prestige choices in Asia: Julius Baer

According to the new annual Julius Baer Wealth Report, branding and prestige purchases are making way for buying value and quality among high net worth individuals in Asia due to changing luxury consumption patterns.

IIFM launches global standard document on Wakalah Agreement

Bahrain-based International Islamic Financial Market (IIFM) has launched the global standard documentation on its IIFM Inter-Bank Unrestricted Master Investment Wakalah Agreement.

Citibank in Russia partners Alfa Capital Asset Management

ZAO Citibank and Alfa Capital Asset Management have partnered to allow the investment products of Alfa Capital Asset Management to be offered to clients at Citibank branches across Russia.

Credit Suisse executive says Asia’s private banking sector will consolidate further

Asia’s private banking sector will consolidate further as the costs of serving wealthy clients make the business profitable for only the big firms, says Francesco de Ferrari, the head of Asia-Pacific private banking at Credit Suisse Group.

Barclays and Deutsche Bank may face fresh allegations for Libor-rigging scandal

Barclays and Deutsche Bank may potentially face fresh allegations about Libor-rigging in a court hearing set for October, according to reports.

Henderson reopens the UK Absolute Return Funds

On the 3rd June 2013, Henderson Global Investors reopened its GBP164 million UK Absolute Return Fund OEIC and the GBP174 million Henderson Gartmore UK Absolute Return SICAV.

Advisors Asset Management hires senior vice president and portfolio manager

Advisors Asset Management (AAM) has hired Roberto Roffo as senior vice president and portfolio manager to expand its tax-exempt management capabilities, primarily with municipal fixed income strategies.