All articles by Verdict Staff
Verdict Staff
BNY Mellon revamps Investment Management UK Wholesale Distribution Team
US-based wealth manager BNY Mellon has made a revamp in its UK Investment Management Wholesale Distribution Team by making a series of appointments.
Bravura Solutions, BNY Mellon sign 10 year managed services deal
Bravura Solutions, an Australia-based supplier of transfer agency and wealth management software applications, has signed a 10 year technology and managed services deal with BNY Mellon, an investment management and investment services company.
Ashcourt Rowan appoints head of funds research
UK-based wealth management group Ashcourt Rowan has appointed Alan Scrimger as the head of funds research.
The Dillig Group joins HighTower
US-based HighTower, an advisor-owned financial services firm serving wealthy families and institutional clients has said that a US$1 billion advisory team, The Dillig Group has joined them.
Merrill Lynch nabs private wealth team from Wells Fargo
Bank of America’s Merrill Lynch has hired two private wealth advisers from Wells Fargo.
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Rothschild appoints UHNW managers from UBS
UK-based multinational investment banking company, Rothschild has appointed two ultra high net worth managers (UHNW) from UBS.
Julius Baer to limit its proposed rights issue offering
Swiss-based private banking group Julius Baer has stated that it will limit its proposed rights offering to CHF500 million as part of its capital raise to fund its acquisition of Bank of America Corp’s (BAC) non-US wealth management unit.
Swiss agrees for back-dated tax probe by Germans
Switzerland has agreed to let German authorities to make back-dated inquiries about Germans who had stashed cash in secret Swiss accounts to avoid tax when a bilateral deal on tax evasion comes into force.
Majority of HNWI seek advice, research
A recent research by JP Morgan Asset Management (JPMAM) has revealed that around 80% of the people earning more than GBP50,000 a year will seek out some sort of professional financial advice.
Most UK investment advisers uninformed about Islamic investments, research
According to a new research by Islamic asset manager BLME, around two-thirds of UK investment advisers are found to have limited knowledge of Islamic fund providers.