All articles by Verdict Staff
Verdict Staff
Withers chairman to stand down as Withers-Speechly merger talks collapse
Withers Chairman Anthony Indaimo will resign with the firm in July, designating New York-based Ivan Sacks as his replacement.
Eurex to roll-out its EURIBOR Futures initiative
The international derivatives marketplace Eurex Exchange will start a new initiative to increase the attractiveness of its short-term interest rate derivatives segment by offering new trading and market making incentives for its Three-Month Euribor Futures.
Santander confirms speculations over stake sale in asset management arm
Spanish lender Santander has confirmed recent speculations regarding its intentions to sell a stake in its asset management business.
US tax dispute can escalate if talks fall through: Credit Suisse
The chairman of Credit Suisse, Urs Rohner, has warned that a long-running tax dispute over hidden Swiss bank accounts with the US could “easily escalate and spill over to rivals” if matters are not settled.
UBS replaces Deutsche Bank as Art Basel partner
UBS will replace Deutsche Bank as the key global partner of Art Basel, which will be held at Basel, Miami Beach and Hong Kong.
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WisdomTree launches US Dividend Growth Fund
Exchange-traded fund sponsor and asset manager WisdomTree has launched the WisdomTree US Dividend Growth Fund (DGRW).
Family offices focus on adopting operational due diligence for hedge funds
Global family office adoption of operational hedge fund due diligence has increased considerably in recent years after lagging behind entities such as endowments, foundations and pensions, according to a new study conducted by US-headquartered Corgentum Consulting.
Raiffeisen CEO offers to quit after probing over secret deals begins
Austrian lender Raiffeisen Bank International’s CEO, Herbert Stepic, is being probed for using companies in Hong Kong and the British Virgin Islands (BVI) to conduct property deals he did not report to the lender.
China Construction Bank buys US$100 million stake in Russia’s VTB Bank
China Construction Bank has purchased a US$100 million stake in Russia’s VTB Bank, to expand its business in Russia after it set up a subsidiary in Moscow.
São Paulo home to largest portion of Brazils UHNWIs
São Paulo home to largest portion of Brazils UHNWIs