All articles by Verdict Staff

Verdict Staff

AuMs flatline amongst Asia’s Top 20

Combined assets under management held by the Top 20 private banks in Asia-Pacific have flatlined in 2011 despite the continued growth of high net worth (HNW) investor numbers and assets in the region.

The future of philanthropy

In spite of the challenging investment climate, these are exciting times in philanthropy. The number of potential philanthropists continues to grow and re-balance geographically.

PBI names Global Wealth Awards 2012 Winners

Private Banker International (PBI) has announced the winners for the 2012 Private Banker International Global Wealth Awards, held in conjunction with the 22nd PBI Wealth Summit.

Credit Suisse put European ETF business up for sale

As a part of a move to raise capital to meet new regulatory requirements, Swiss banking major Credit Suisse has put its $17.2 billion European exchange-traded fund (ETF) business up for sale.

Safra try to make Sarasin private after takeover

Safra Group has made an application for the cancellation of the remaining publicly held registered B shares of Bank Sarasin.

CFTC penalizes Morgan Stanley Smith Barney for supervision violations

The US Commodity Futures Trading Commission (CFTC) has slapped a fine of US$200,000 on Morgan Stanley Smith Barney LLC for failing to diligently supervise its employees’ handling of customer accounts.

Ocbc Bank Appoints New Head For Consumer Banking Singapore Operations

Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) today announced the appointment of Mr Dennis Tan as the Head of Consumer Financial Services Singapore and Group Premier Banking.

Goldman Sachs to open UK bank for HNW clients

Goldman Sachs’ commercial bank has filed an application to open a branch in London to lend to private clients.

2020 Vision: The Future of Wealth

With the future firmly in centre stage, Private Banker International has conducted an online survey to find out what the private banking industry might look like in 2020. We have also asked members of our editorial advisory board to find out their opinions and PBI itself has taken a view on what will happen

PFM Group opens new office in Oregon

US-based Public Financial Management, Inc. (PFM Group), a provider of independent financial advisory services in the US, has opened its 35th office in Portland, Oregon.