All articles by Verdict Staff

Verdict Staff

UK should prepare for wealth exodus after election

Britons and UK-based wealthy foreign nationals may run away from Britain and take their funds with them after the next general election, predicted deVere Group’s chief executive, Nigel Green.

Temenos acquires TriNovus to enter US SaaS banking market

Temenos, a software provider for the financial services industry, has acquired TriNovus, a software-as-a-service (SaaS) technology provider, with the aim of entering the US SaaS banking market.

Guotai AM receives approval to launch China’s first cross-listed ETF

Guotai Asset Management has received approval from the China Securities Regulatory Commission (CSRC) to launch China’s first cross-listed exchange-traded fund (ETF).

Societe Generale Private Banking appoints deputy CEO

Societe Generale Private Banking has appointed Jean Goutchkoff as deputy chief executive officer in Switzerland.

Speechly Bircham and Withers in merger talks

UK-based law firms Speechly Bircham and Withers are in talks about a potential merger, in a bid to create a GBP170 million-worth City firm comprising of approximately 500 lawyers.

Deutsche Bank co-CEO asks for EUR2 million pay cut

Anshu Jain, co-CEO of Deutsche Bank, has, reportedly, asked for a EUR2 million pay cut, in order to be paid the same amount as fellow co-CEO Juergen Fitschen.

Anova helps enable super funds to meet APRA reporting requirements

DST Global Solutions says its Anova solution can help superannuation funds meet stringent data reporting requirements from July 1, 2013 given its ability to easily combine member and investment data and automate the reporting function.

BNY Mellon appointed trustee by Capital One

BNY Mellon has been appointed indenture trustee, registrar and paying agent by Capital One for its US$750million issuance of asset-backed securities.

Mourant Ozannes hires new corporate partner

Offshore law firm Mourant Ozannes, Guernsey, has announced the appointment of Barney Lee as a corporate partner.

Foreign Equities preferred asset of Poland’s HNWI

Poland’s HNWI Asset Allocations