All articles by Verdict Staff

Verdict Staff

Ordinary shareholders’ meeting of BMps approves 2012 results

The Parent Company’s Annual Report as at 31 December 2012 was approved today by the ordinary Shareholders’ Meeting of Banca Monte dei Paschi di Siena Spa.

Citi Private Bank appoints new global chief strategist

Citi Private Bank today announced the appointment of Steven Wieting as Global Chief Strategist, with responsibility for formulating investment views and strategies for the business and its clients around the world.

Basic materials most important industry for Russia UHNWIs

Basic materials most important industry for Russia UHNWIs

BFC Financial Corporation and BBX Capital Corporation Announce Definitive Agreement to Merge BFC and BBX Capital in a Stock Transaction

BFC Financial Corporation (“BFC Financial” and/or “BFC”) (OTCQB: BFCF) and BBX Capital Corporation (“BBX Capital” and/or “BBX”) (NYSE: BBX), formerly BankAtlantic Bancorp, announced today that they have entered into a definitive merger agreement pursuant to which BBX Capital will become a wholly owned subsidiary of BFC Financial.

Standard Chartered Q1 performance slows down

Standard Chartered has released its Interim Management Statement (IMS) for the first quarter of 2013, which identified that its operating profit will be slightly lower than a year ago as an increase in hiring, and wages, pushed up costs.

Eden Rock acquires Northstar Financial

Eden Rock Group, a UK based alternative asset manager, has acquired Northstar Financial Services, a Bermuda domiciled annuity and life insurance company, for an undisclosed amount, according to news magazine International Adviser.

Credit Suisse appoints co-heads for UK investment banking unit

Credit Suisse Group has appointed Charles Donald and Jonathan Grundy as co-heads of its UK investment banking unit.

Luxembourg Stock Exchange brands its fund market infrastructure project as Fundsquare

The Luxembourg Stock Exchange has branded its project to build a fund market infrastructure as Fundsquare.

Noah Holdings net income rises in Q1

Noah Holdings Limited, a leading wealth management service provider focusing on distributing wealth management products to the high net worth population in China, today announced its unaudited financial results for the first quarter of 2013.