All articles by Verdict Staff

Verdict Staff

MainstreamBPO sets up office in New York

MainstreamBPO has launched a new office in New York office for its hedge fund administration operations.

Jupiter unveils new multi-asset ecology fund

UK-based Jupiter Asset Management has launched a new multi-asset ecology fund that will focus on companies that stand to benefit from the transition to a sustainable economy.

Cetera Financial Group names new CFO

Cetera Financial Group, a network of independent broker-dealer firms in the US, has appointed Jeffrey Buchheister as its new CFO.

JPMorgan Q2 income slides marginally to $6.2bn

JPMorgan Chase has posted a net income of $6.2bn for the second quarter of 2016, a marginal decline of 1% compared to $6.29bn in the year-ago quarter.

Old Mutual International rolls out expat referral service

Old Mutual International has introduced a new referral service for expats, in partnership with EY.

UBS Business University opens its third campus in Shanghai

Swiss banking giant UBS has opened a new campus of UBS Business University in Shanghai to meet rising demand for financial talent that can support the bank’s growth in China.

Fieldpoint Private enters Florida market

Fieldpoint Private, a Connecticut-based wealth advisory and private banking firm, has forayed into the Florida market by opening a new office in Palm Beach.

BlackRock hires Credit Suisse’s Americas private banking chief

Fund management giant BlackRock has hired veteran Credit Suisse banker Philip Vasan as head of investments and portfolio solutions for its US wealth advisory unit.

Global AUM levels drop for private banks despite better efficiency ratios: Scorpio Partnership

The top 25 global private banks experienced better efficiency ratios with a 75.1% cost- income ratio in 2015 but their overall AUM levels dropped slightly more than the industry at large, reveals the new annual Global Private Banking Benchmark Report by Scorpio Partnership.

Theresa May appoints Philip Hammond as new UK chancellor

Britain’s new prime minister Theresa May has appointed Philip Hammond as the new Chancellor of the Exchequer, as the country’s economy braces up to face Brexit fallout.