All articles by Verdict Staff

Verdict Staff

Monetary Authority of Singapore opens office in Beijing

The Monetary Authority of Singapore (MAS) has opened its Beijing representative office to strengthen bilateral collaboration between MAS and the People’s Bank of China (PBC), as well as with other Chinese financial authorities including China Banking Regulatory Commission (CBRC), China Securities Regulatory Commission (CSRC) and China Insurance Regulatory Commission (CIRC).

Julius Baer ordered by Swiss government to hand over US client data

Julius Baer has been ordered by the Swiss government to hand over data on US clients that will be passed on to US tax authorities, while a long-running tax dispute between the two countries is on its way to being settled.

Hedge funds seek breakup of Kleinwort Benson owner RHJI

A consortium of hedge funds has called for the break-up of RHJ International (RHJI), the Belgium-based owner of private bank Kleinwort Benson.

Brooks Macdonald appoints new team heads for Jersey business

Brooks Macdonald International has appointed two new heads Richard Hughes, as head of business development, and Chris Donoghue, as senior business development manager, to spearhead the business team in Jersey.

Equities the largest asset class for HNWIs in Turkey

Equities the largest asset class for HNWIs in Turkey

Steven Cohen considers converting SAC Capital in to family office

SAC Capital Advisors, the embattled hedge fund owned by billionaire Steven Cohen, is, reportedly, now preparing for a shut down and being convert into a family office to manage its personal funds.

More than a third of jobs to be cut at Deutsche Bank’s Sal. Oppenheim

Deutsche Bank’s wealth manager Sal. Oppenheim will lay off over a third of its workforce as it deals with super-rich clients having developed a “new conservatism”, which has led them to invest less.

BNY Mellon appoints EMEA head of client service for alternative investment services business

BNY Mellon has appointed Jeff Pamplin as head of client service management in EMEA for its alternative investment services (AIS) business.

EDHEC-Risk Institute and CACEIS launch new research chair on risk assessment and performance reporting

CACEIS and EDHEC-Risk Institute have launched a new research chair at EDHEC-Risk Institute entitled “New Frontiers in Risk Assessment and Performance Reporting.”

Nomura hires Latin America expert from UBS to join emerging market sovereign credit trading group

Nomura has appointed Javier Kulesz as a managing director and senior desk analyst covering Argentina and Venezuela within the emerging markets group in New York.