All articles by Verdict Staff
Verdict Staff
SBI opens Kohinoor branch for HNWI in Vishakhapatnam
The State Bank of India has opened a Kohinoor branch for HNWI at Vishakhapatnam, being the second such branch in Andhra Pradesh.
HSBC IFAs to go restricted post-2012
Complying with FSAs new definition of independence, HSBC is all set to convert its whole of market IFA arm to a restricted advice service post-RDR.
Reyl Singapore appoints new CEO
Reyl Singapore, a provider of wealth management services, has appointed Nicolas Duchêne as its CEO.
BNP Paribas inks deal with Carnegie Asset Management
BNP Paribas Investment Partners (BNPP IP) has entered into a strategic alliance with global equities specialist Carnegie Asset Management.
Credit Suisse appoints head of HNWI for Italy
Swiss-based financial services company, Credit Suisse, has appointed Paolo Mancini as the head of Italy’s high-net worth individual clients, Investment Europe reported.
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US Bank expands wealth management unit in Seattle
As a part of expanding its wealth management business in Seattle, US Bank has appointed two new professionals to Ascent Private Capital Management, its wealth management business for the super wealthy, and has hired a former Morgan Stanley Smith Barney officer for The Private Client Reserve business serving HNW clients.
Former UBS, Credit Suisse banker pleads guilty in US tax probe
A former Swiss banker, Christos Bagios, has pleaded guilty to helping Americans hide millions of dollars from US tax authorities.
UBS appoints CEO for wealth management in India
Swiss bank UBS AG has appointed Oscar Balcon as the chief executive for its wealth management business in India.
Judy Shine buys back Shine Investment Advisory Services from Western Alliance
Judy Shine has bought back her Colorado-based RIA firm, Shine Investment Advisory Services, which she sold to Phoenix-based Western Alliance Bancorporation in 2007.
Barclays expands wealth, investment management team in US
As a part of its expansion strategy, Barclays has hired 18 investment representatives in the Wealth and Investment Management division, in eight of its offices across the US.