All articles by Verdict Staff
Verdict Staff
Samsung Securities First Broker Live on Omgeo Central Trade Manager in Asia
Omgeo, the global standard for post-trade efficiency, today announced that Samsung Securities is the first broker in Asia live on Omgeos central matching engine, Omgeo Central Trade ManagerSM (Omgeo CTM).
Rothschild appoints new MD to UK private banking business
Rothschild has appointed Nandu Patel as a managing director in its Private Banking & Trust business.
News digest
McCann reorganises UBS in the US Fund managers surprise at Dubai crisis WealthTouch expands with $11m backing Third-generation ETFs launched…
Rothschild appoints leading team to UK private banking business
Rothschild has appointed Helen Watson and Mark Kary as managing directors in its Private
Banking & Trust business.
News Digest
Credit Suisse settles on Iran transfers New UK tax may push clients offshore Italian tax amnesty raises 95bn HSBC sees increased demand for property HSBC sees increased demand for property SG rebrands to Societe Generale
Building a private banking powerhouse
Ita-Unibancos new head of international private banking, Flavio Souza, formerly at UBS, has shed light on the differences between working for a global versus a largely domestic wealth manager While he said one was not better than the other, there were strengths in his new banks family-owned structure When Flavio Souza moved from UBS to become head of Ita-Unibancos international private banking operations in early 2009, he asked his boss what the three most important elements in a successful business were.
News Digest
Schroders signs deal with ABN AMRO Clients reconsider UK as financial hub Tenon launches wealth management platform Mirabaud tiptoes intoSpanish market SEI: concern over internet hackers JPMorgan buys ANZs custodian services unit
News Digest
Barclays Wealth launches BETA Portfolios Barclays Wealth has launched a product that implements tactical asset allocation recommendations from the firms global investment strategy group to participating clients portfolios. The Barclays Wealth ETF Tactical Allocation (BETA) Portfolios are designed for clients who seek an asset allocation product that is actively rebalanced as market conditions fluctuate, but who want the advantages of implementation through passive, index-tracking ETFs.
UBS apoints CEO for Wealth Management Americas
UBS AG announced today the appointment of Robert J. McCann as Chief Executive Officer of UBS Wealth Management Americas and Member of the Group Executive Board of UBS AG.
News Briefs
STRATEGYUBS gets Saudi green lightUBS has been given the go-ahead from the Capital Markets Authority of Saudi Arabia to launch securities business activities, strengthening its wealth management operations in the country.UBS Saudi Arabia is partnering with local experts and businesses, including Mohammed Al Dhoheyan, previously CEO of the Development and Management House for Investments, and MerchantBridge, an equity house investing in the Middle East PHILANTHROPY3 in 4 will still give in downturnWealthy clients hit by declines in their assets remain committed to philanthropy, according to research.Seventy-five percent of high net worth individuals interviewed as part of a Barclays Wealth survey said they planned to maintain or increase their philanthropic commitments