All articles by Verdict Staff
Verdict Staff
Basic materials primary source of wealth for Indonesias UHNWIs
Basic materials primary source of wealth for Indonesias UHNWIs
Global demand for retail alternative investment products to touch US$1 trillion by 2017: Citi
Global demand for retail focused, liquid alternative investment products is expected to triple and touch US$1 trillion mark by 2017, according to a Citi Prime Finance study.
Bank Sarasin reports CHF171 million in profits for 2012
Swiss private lender Bank Sarasin has reported a profit of CHF171 million for the year that ended 31 December 2012.
Vanguard launches Hong Kong-domiciled Asia ex Japan Equity ETF
Vanguard Group, an American investment management company, has received regulatory approval to launch the first Hong Kong-domiciled exchange traded fund (ETF).
JPMorgan appoints new co-heads of global M&A activity
JPMorgan has appointed Hernan Cristerna and Chris Ventresca to the newly created roles of co-heads of global mergers and acquisitions (M&A).
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KBC Bank posts net profit of EUR520 million in Q1
Belgium-based KBC Bank N.V. has reported a net profit of EUR520 million for the first quarter of 2013, compared with a net profit of EUR380 million in the year ago quarter.
EU tax deals will slow money inflows, warns Julius Baer
According to Julius Baer, the EUs planned agreements on the sharing of tax information between countries will adversely effect its new money inflows in 2013.
Africa: Number of millionaires in Johannesburg reaches over 23,000 in 2012
This press release is part of a series of annual updates on major markets for 2012/2013. It follows on from WealthInsight’s report on South Africa, entitled: South Africa – The Future of HNWIs to 2016: The Rise of African Wealth.
HSBC launches wealth management solution in Singapore
HSBC has launched a new enhanced personal internet banking platform, Wealth Dashboard, that displays the customers’ cash and investment holdings in real-time.
Pershing and BNY Mellon combine bank and brokerage custody into single service offering
Pershing, a BNY Mellon company, have announced that Pershing Advisor Solutions and BNY Mellon’s Wealth Management Advisor Custody Group, will now deliver a single-service integrated bank and brokerage custody offering.