All articles by Verdict Staff
Verdict Staff
BIL taps Temenos as IT platform partner
Banque Internationale a Luxembourg (BIL) has selected Temenos to provide the software solutions for a major system transformation project, which will see Temenos banking solution suites used across the bank’s full operations in retail banking, private banking and corporate banking.
UBS launches global programme to unearth social innovators
Swiss banking giant UBS has launched a global programme in partnership with Ashoka a global network of social entrepreneurs to select high-potential social enterprises that address some of societys most pressing challenges.
Schroders, Indus Capital collaborate to launch panAsian equity fund
British fund manager Schroders has teamed up with Indus Capital to launch a long/short panAsian equity fund on its Gaia hedge fund platform.
Brexit not to affect majority of fund managers investment decisions: Preqin
Majority of fund managers do not expect their performance or investment decisions to be impacted by Brexit, but hedge fund managers anticipate being able to benefit in the short term as they capitalise on market volatility, a survey by Preqin has revealed.
UBS ordered by Swiss tax authority to hand over French clients data
Swiss banking major UBS has been ordered by Switzerland’s tax authority to hand over France information on French clients.
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CARRET Private Investments to merge Hong Kong business with QL Asset Management Company
CARRET Private Investments (Asia) has agreed to merge its Hong Kong private wealth management unit with Hong Kong-based QL Asset Management Company.
JP Morgan appoints new Private Bank Middle East head
JP Morgan has appointed Tara Smyth as the new head of its Private Bank Middle East market, replacing Jonathan Conner.
HighTower takes over multi-family office Acacia Wealth Advisors
HighTower has snapped up Los Angeles-based boutique multi-family office Acacia Wealth Advisors, which manages over $500m in assets.
Legg Mason to buy majority stake in online advisor Financial Guard
Legg Mason has agreed to purchase an 82% majority equity interest in online investment advisor Financial Guard for an undisclosed sum.
Ascot Lloyd sets up new private office in Harrogate
British advice firm Ascot Lloyd has opened a new private office in Harrogate to offer bespoke wealth management solutions for both families as well as individuals.