All articles by Verdict Staff

Verdict Staff

Summit Trust acquires Sable Offshore

Summit Trust International SA, an international trust group based in Geneva with subsidiaries in England, New Zealand and Cayman Islands, has acquired Sable Offshore Management Company Ltd in Mauritius in partnership with local management. The company will be renamed Summit Trust (Mauritius) Limited, GatewayToAfrica.com reported.

Vistra strengthens Swiss operations

Vistra announced that it has acquired Althea, a privately owned trust and corporate services provider in Geneva.

Rathbones expands into North East with Newcastle office

Rathbone Investment Management (Rathbones), a leading provider of discretionary investment management to private clients, charities, professional advisers and corporates, is to open a Newcastle office on 5 February 2013 to act as a regional hub for clients in the North East of England.

Genting invests in the Midlands following funding from RBS

Genting UK, the largest casino operator in the UK, broke ground on a leisure destination resort, Resorts World Birmingham, at the NEC in Birmingham on the 4th February after receiving a significant funding package from The Royal Bank of Scotland under the government’s Funding for Lending Scheme.

US Bank expands HNW business in Naples

The Private Client Reserve of US Bank, a provider of wealth management solutions for HNWI, families and foundations, have relocated to a larger office space to Mercato, close to Naples, as it is expanding its services.

Millionaire numbers in Turkey grow by 23% in 2012

This press release is part of WealthInsight’s upcoming report on Turkey entitled: Turkey 2013 Wealth Book: The Jewel of Asia.

Vistra expands business in Switzerland

Vistra, an independent provider of trust, fiduciary, corporate and fund services to HNW clients has acquired Althea and Centrapriv Group to strengthen its Swiss operations.

BMO Financial Group appoints regional vice president & managing director for Private Banking Asia

BMO Financial Group, a provider of financial services and solutions to HNW and UHNW clients has appointed Robert Cormie as the regional vice president & managing director for Private Banking Asia.

Derek Bryden joins Henderson Global Investors as UK advisory sales manager

Derek Bryden joins Henderson Global Investors as UK advisory sales manager.

Beacon Asset Management opens new office

Beacon, a fee-only, Registered Investment Advisor (RIA) has opened a new advisory office in Naples, Florida.