All articles by Verdict Staff

Verdict Staff

Baird Investment Banking appoints managing director

Baird, an employee-owned, international financial services firm, has appointed Satoshi Matsumoto as the managing director, director of Japan mergers & acquisitions to its Investment Banking group.

China’s wealth management products risky: Fitch

Fitch has stated that the wealth management products (WMP) of China have growing risks and that it may pose risks for the Chinese banks as large amount of funding are sourced through this channel.

KRE Developments secures pound 15 million finance from RBS

Aberdeen-based KRE Developments LLP, (a Knight Property Group Company) the commercial real estate developers, has secured a new £15m facility from Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB).

Credit Suisse to shift Russian advisory businesses to London

As a part of its cost cutting strategy, Credit Suisse will soon move its Russian capital-markets and advisory businesses from Moscow to London.

Sberbank Private Banking appoints new managing director

Sberbank Private Banking, the business block of the Sberbank Group that provides financial services to high-net-worth individuals, has appointed Anna Tokaeva as managing director, head of group.

ASIC bans financial advisor Melinda Scott for fraud

The Australian Securities and Investment Commission (ASIC) has permanently banned financial advisor, Melinda Scott, for having defrauded clients of more than $3.6 million over eight years.

Personal Capital collaborates with Pershing Advisor Solutions

Personal Capital & Pershing Advisor Solutions will work together in order to make the registered investment advisory business more accessible to clients.

CIBC FirstCaribbean appoints director of private wealth management

CIBC FirstCaribbean has appointed Dan Wright as the director of private wealth management, within its Wealth Management Senior Leadership Team.

Novia selects Calastone for order routing and net settlement services

Novia, a UK-based independent intelligent wealth management platform, has chosen Calastone for order routing and net settlement services.

Broadstone acquires UBS Wealth Management’s corporate pensions business

UK-based BROADSTONE Pensions and Investments has acquired the corporate pensions business of UBS Wealth Management UK for an undisclosed sum.