All articles by Verdict Staff

Verdict Staff

Standard Chartered Private Bank launches suite of Islamic finance solutions

Standard Chartered Private Bank has launched a suite of Islamic financial solutions for its clients across the private bank’s booking centers in London, Geneva, Jersey and Dubai.

Interactive Data, Scivantage to offer integrated wealth management workstation

US-based Interactive Data Corporation, a provider of market data solutions for wealth management firms, has revealed its decision to expand its relationship with Scivantage, an independent financial technology provider, to deliver an enterprise web-based workstation for wealth management professionals.

Senior moves: June

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OCBC Bank sets aside S$500 million for ordinary shares purchases

OCBC Bank announced today that it is setting aside another S$500 million for on-market purchases of its ordinary shares, pursuant to the share purchase mandate approved by shareholders at its extraordinary general meeting held on 25 April 2012.

Wealth and immigration – a boon for economies?

HNWI immigrants who come to the UK on an investor visa will typically inject at least £2m into the economy over the course of their time. Alex Ruffel, a partner at Berkeley
Law, looks into how helping clients with immigration issues is an increasingly popular service among emerging market clients

HSBC launches HSBC Online Share Trading in Australia

HSBC, in partnership with Bell Direct has launched an online trading platform in Australia, called HSBC Online Share Trading that seeks to provide a range of wealth management solutions.

BSI next on the auction block?

The move could significantly reshape the competitive landscape and underlines how the expected consolidation in Swiss private banking is far from over. Pressures for a shrinkage of the Swiss private banking sector, beset by problems like US and European regulatory assaults on offshore banking, compressed margins and the high costs sparked by the surging Swiss currency, are ramping up.

Switzerland’s youngest bank

The break-up of Switzerlands oldest private bank Wegelin & Co sent shivers through the industry, resulting in the rebirth of its non-US business as Notenstein Private Bank Its CEO Adrian Knzi talks to Nicholas Moody about the last days of Wegelin and its renewed focus on Swiss institutional clients

Banks urged to ramp up online presence as global wealth slows

The rate of global wealth growth slowed significantly in 2011, forcing consultancy BCG to revise down its 2016 global wealth projections by 7% Umberto Bacchi looks into the latest research which finds that banks need to do a better job at integrating their online and traditional channels The seemingly relentless increase in global wealth of the past few years braked abruptly and almost stopped in 2011, Boston Consulting Groups (BCG) latest research has found

Swiss bank explores Merrill Euro Wealth Management acquisition

Switzerland-based Baer Holding is in talks to buy Bank of America’s Merrill Lynch international wealth-management business.