All articles by Verdict Staff
Verdict Staff
Pictet names new senior partner
Swiss private bank Pictet has appointed Nicolas Pictet as its new senior partner, replacing Jacques de Saussure who is retiring.
Rothschild Wealth Management bolsters Asia advisory team
Rothschild Wealth Management, a part of the Rothschild Group, has strengthened its Asia operations by Mike Hue and Tang Kai Meng as senior client advisers.
ECHELON launches investment banking platform for wealth technology sector
ECHELON Partners has extended its investment banking capabilities to the wealth technology sector by launching WealthTECH investment banking platform.
Returns from fine art overestimated and risks underestimated: Study
The returns from fine art, which has emerged as a new asset class for well-diversified portfolios, have been significantly overestimated, according to research from the Luxembourg School of Finance of the University of Luxembourg.
Charles Stanley losses shrink to £300,000
British wealth manager Charles Stanley has posted a financial loss of £300,000 for the year ended 31 March 2016, compared to a loss of £6.1m a year ago.
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Bank of Israel allows institutional investors to increase bank stakes to 7.5%
The Bank of Israel has allowed institutional investors to raise their holding of bank shares to 7.5% from the earlier limit of 5%.
Singaporean and Australian regulators sign fintech agreement
The Monetary Authority of Singapore (MAS) and Australian Securities and Investments Commission (ASIC) have inked a pact to aide help fintech startups in both countries explore opportunities across markets.
Citizens Bank names new president of Citizens Securities, head of Citizens Investment Services
Citizens Bank has recruited Frank Drago as the new president of Citizens Securities and head of Citizens Investment Services.
The innovation equation: Private banks and analysts views
At a time when private banks can choose to disrupt or be disrupted, business as usual is not an option. Innovation is imperative as private banks aim to become more client-centric, and strive to reach financial leadership. PBI asked private banks and analysts what innovation in private banking truly means
Morgan Stanley reveals $1bn cost cutting strategy
US banking giant Morgan Stanley has unveiled a $1bn cost cutting plan that it aims to achieve through outsourcing, technology streamlining, and other expense reduction measures.