All articles by Verdict Staff

Verdict Staff

RBC’s global strength affirmed by numerous Euromoney award wins

RBC has received numerous acknowledgements in the 2013 Euromoney Private Banking and Wealth Management Survey, winning awards for the “Best Private Banking Services Overall” in Canada for an unprecedented sixth consecutive year, the Caribbean for the fourth year in a row and in the Cayman Islands for the second year running.

Butterfield Appoints Bruce John Head of Private Banking in Cayman

Butterfield Bank (Cayman) Limited (“Butterfield”) today announced that it has appointed Bruce John Senior Manager and Head of Private Banking in the Cayman Islands.

BNP Paribas makes new appointments in London

BNP Paribas has appointed five new members in its Fixed Income business in London to strengthen market capabilities.

American Capital Reports 2012 Net Operating Income Before Income Taxes Of $383 Million, Or $1.16 Per Diluted Share, And Net Earnings Of $1,136 Million, Or $3.44 Per Diluted Share

American Capital, Ltd. (“American Capital” or the “Company”) (Nasdaq: ACAS) announced net operating income (“NOI”) before income taxes for the quarter and year ended December 31, 2012 of $115 million, or $0.36 per diluted share, and $383 million, or $1.16 per diluted share, respectively.

Credit Suisse appoints MD in Asset Management division

Credit Suisse has appointed Neil Harvey as the managing director in the Asset Management division in Hong Kong.

Royal London adds RSA risk director

Royal London has poached RSA group risk director Jon Macdonald.

DFSA enters into agreement with ESMA

The Dubai Financial Services Authority (DFSA) has entered into an agreement with Europe’s Securities and Markets Authority (ESMA).

Cayman Finance appoints CEO

Cayman Finance, the organization formed to represent the Cayman Island’s financial services industry has appointed Gonzalo Jalles as chief executive officer.

WEALTH at work appoints chairman

WEALTH at work, a provider of provider of financial education and employee wealth management services, has appointed the ex-Mercer UK CEO, Alan Whalley, as its chairman.

Barclays to close its tax advisory business

As part of the effort by its new chief executive, Antony Jenkins, to clean up the bank’s image, Barclays is all set to close a profitable but controversial tax advisory business, Structured Capital Markets (SCM).