All articles by Verdict Staff

Verdict Staff

C8 Investments chooses SEI for hedge fund operations outsourcing

C8 Investments has selected SEI, a provider of investment management business outsourcing solutions, to provide outsourcing for its newly launched hedge fund operations.

Barclays enhances focus on private banking business in Gulf market

Barclays Bank PLC has appointed Sandip Aggarwal as director of Private Banker, focusing on the Gulf market.

Credit Suisse clients may withdraw US$37 billion

The clients of Credit Suisse Group AG in western Europe may withdraw US$37 billion over tax in the coming years as Switzerland is under pressure to stop foreigners using secret offshore accounts to evade taxes, Reuters stated.

National Bank of Oman partners with Reliance Wealth Management

National Bank of Oman (NBO) has entered into a strategic alliance with Reliance Wealth Management (RWM) in order to provide Indian investment products to NBO’s private banking customers.

Andrey Sokolskiy Appointed Senior Vice-President of MDM Bank

MDM Bank announces the appointment of Andrey Sokolskiy Senior Vice-President and Head of MDM’s Business Development Department.

Deutsche Bank eyeing ultra-rich clients markets

Deutsche Bank AG is planning to expand its investment advisory offerings for its ultra-rich clients as it overhauls its asset and wealth management division, according to Reuters.

Super rich: Top 20 Cities for UK multi-millionaires

This press release is part of WealthInsight’s report on the UK wealth management sector entitled: United Kingdom – The Future of HNWIs to 2015: Capital of Wealth and Finance.

Close Brothers appoints head of private client strategies

UK-based Close Brothers Asset Management has appointed Penny Lovell as the head of private client strategies.

State Street Global Advisors appoints new global COO

State Street Global Advisors (SSgA), the asset management business of State Street Corporation, has appointed Greg Ehret to a newly created position as global chief operating officer, effective immediately.

Deutsche Bank announce new strategy for AWM unit

Deutsche Bank have announced plans to double profitability at its Asset & Wealth Management (AWM) division in a group-wide strategy update.