All articles by Verdict Staff
Verdict Staff
Ashburton Investments appoints new international CIO
Ashburton Investments, the investment management arm of FirstRand Group, has named Jonathan Schiessl as new CIO within its international investment team.
Hargreaves Lansdown expands multi-manager range of funds
UK-based Hargreaves Lansdown is planning to expand its multi-manager range of funds by launching a new high income fund on 13 April 2016.
Terry Smith sues Barclays over driving investment losses
Fundsmith founder and CEO Terry Smith has sued Barclays for £220,000 for alleged investment losses caused by the bank by failing to transfer money into his investment fund.
Citibank wins RBI Asia Trailblazer award for mass affluent banking
CITIBANK SINGAPORE has won ‘Excellence in Mass Affluent Banking’ at the 7th RBI Asia Trailblazer Awards, held in Singapore.
Bank of America Merrill Lynch hires former Swedish prime minister
Bank of America Merrill Lynch has appointed former Swedish prime minister Fredrik Reinfeldt as its new senior advisor for Europe, Middle East and Africa (EMEA) operations.
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Bankers fear losing a quarter of revenue to fintech disruptors: PwC
Bankers are apprehensive that they could lose up to a quarter of their revenue over the next five years due to the rise of new financial technology (fintech) firms, according to a survey by PricewaterhouseCoopers (PwC).
UBS opens branch in Shanghai
Swiss banking giant UBS has opened a branch in Shanghai, China that will focus on wealth preservation and succession planning services.
J.P. Morgan introduces diversified Asian local markets index
J.P. Morgan has launched the J.P. Morgan Asia Diversified (JADE) suite of indices, which will provides investors with a diversified benchmark that tracks local currency government bonds issued by emerging and developed Asian countries (excluding Japan).
HSBC Private Bank appoints wealth planning head for UK and CEMEA
HSBC Private Bank has named Stephen Skelly as head of wealth planning for UK and Continental Europe, Middle East and North Africa (CEMEA), and Russell Prior as head of family governance and family enterprise succession for the UK.
eMoney Advisor appoints new CEO
Wealth planning software firm eMoney Advisor has appointed Edward O’Brien as its new CEO, effective immediately.