All articles by Verdict Staff
Verdict Staff
Triad Advisors hires new senior vice president of business development
Triad Advisors has appointed Hugh Tarbutton, Jr. as its new senior vice president of business development.
Morgan Stanley rebuffs reports of moving 2,000 jobs out of London
In light of Brexit, US-headquartered investment bank Morgan Stanley is reportedly moving 2,000 jobs to Dublin and Frankfurt, though the bank has denied this claim.
Contango sells funds management subsidiary
Contango MicroCap (CTN) has offloaded its funds management arm Contango Asset Management (CAML) in a $13m management buyout.
Breathe, think, reboot: UKs wealth management community reacts to Brexit bombshell
According to a Twitter poll carried out by Private Banker International, 56% respondents think that Brexit will adversely affect Londons position as a global wealth management hub. But what are wealth managers and private bankers saying about how Brexit will impact the UK’s financial services industry? PBI finds out from select experts
AAM, Rothschild Asset Management expand strategic partnership
Advisors Asset Management (AAM) has expanded its strategic partnership with Rothschild Asset Management to distribute separately managed accounts (SMAs), including Rothschild’s U.S. Large-Cap Core, U.S. Large-Cap Value and U.S. Balanced strategies.
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UBS to provide American client’s account record to IRS
Swiss lender UBS has agreed to provide bank records on an American client’s account in Singapore office to the Internal Revenue Service (IRS), the revenue service of the US federal government.
Deutsche Bank to axe 3,000 jobs and consolidate branches in Germany
Deutsche Bank has confirmed plans to shed 3,000 jobs and consolidate branches in Germany, as part of a broader restructuring strategy.
Asia Pacific surpasses North America in HNWI wealth and population: Capgemini’s World Wealth Report
High net worth individual (HNWI) wealth in Asia Pacific grew aggressively in 2015 helping it bag the top spot in HNWI wealth ranking globally, surpassing North America in HNWI wealth and population for the first time. Global HNWI wealth, however, grew at a moderate pace, according to the 2016 World Wealth Report by Capgemini.
BoE offers £250bn of financial support after Brexit
The Bank of England (BoE) has pledged £250bn for the UK economy after the Britain voted to leave the European Union (EU).
Schroders restructures multi-asset division
British fund manager Schroders has decided to split the leadership of its multi-asset and portfolio solutions business, following the departure of the business head Nico Marais.