All articles by Verdict Staff
Verdict Staff
Barclays to exit Gibraltar
British banking group Barclays is set to shut down its remaining operations in Gibraltar, ending a presence of 127 years in the region.
Irelands Baker Tilly Ryan Glennon joins RSM as member firm
Irish accounting and business advisory firm Baker Tilly Ryan Glennon is set to depart the Baker Tilly International network and become a member firm of RSM, an independent audit, tax and consulting firm in Ireland.
NAB names new chairman for JBWere
National Australia Bank (NAB) has named Andrew Hagger as new chairman of its private wealth advisory business JBWere.
Twenty nations back Europe-led bid to crackdown on offshore tax evasion
A total of 20 countries and territories in Europe, including Isle of Man, Gibraltar and Montserrat, have agreed to share data on the ownership of companies, trusts and foundations to clamp down on offshore tax evasion.
RBS seals deal to offload Indian private banking business
Royal Bank of Scotland (RBS) has finalised a deal to sell its Indian private banking operations to Sanctum Wealth Management.
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Aviva relaunches HNW division
Aviva has relaunched its HNW division, Aviva Private Clients, which it said will offer a bespoke underwriting service for its clients.
Citi Private Bank appoints new global market manager for New York
Citi Private Bank has appointed Ida Liu, its North America Asian Clients Group head, as its new global market manager for New York.
COMMENT – Barclays: Banking on its core business
UK-headquartered Barclays sold its wealth operations in Singapore and Hong Kong to OCBCs private banking arm earlier in April. The sale comes as part of Barclays restructuring strategy to refocus on its core business and markets. Has refocusing become essential for private banks to thrive and is Asia still the golden goose it was touted to be? Head of content for WealthInsight, Ouliana Smith, dishes the details
LJ Partnership to acquire stake in asset manager Pradera
Multi-family office LJ Partnership has agreed to purchase a minority stake in retail fund manager Pradera for an undisclosed amount.
Towry adds new wealth manager to Bournemouth team
British wealth manager Towry has appointed Amanda Cook as financial planner and wealth manager in its Bournemouth office.