All articles by Verdict Staff
Verdict Staff
Turquoise, REYL Finance partner to launch Iran-focused PE fund
Turquoise Partners, an investment firm based in Iran, has joined forces with REYL Finance (MEA), a Dubai unit of Swiss-based REYL & Cie, to launch an Iran-focused private equity fund.
COMMENT: Implications of Japanese monetary easing
On 29 January, the Bank of Japan surprised financial markets by announcing a move towards negative interest rates. Joost van Leenders, chief economist of multi asset solutions at BNP Paribas Investment Partners, looks at the timing of the BoJs move, discusses the implications of the decision and concludes that the asset allocation implications are limited
StatPro buys hedge fund risk solutions provider Investor Analytics
StatPro Group, a UK-based provider of cloud-based portfolio analysis solutions for the asset management industry, has purchased Investor Analytics, a US-based provider of cloud-based advanced risk analytics services to hedge funds and asset managers.
Boston Private Wealth bolsters wealth management presence in California and Florida
Boston Private Wealth has expanded its wealth management presence in California and Florida by hiring executives from wealth advisory firms, Filigree Advisors and Mikus Capital Management.
BTG Pactual axes 350 staff in Brazil
Brazilian investment bank BTG Pactual has axed 305 or 18% of its 1,653 workforce in Brazil as part of its strategy to slash costs.
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HSZH Verwaltungs to pay $49m to settle US tax evasion probe
Swiss bank HSZH Verwaltungs has reached a resolution with the US Department of Justice (DoJ) over the tax evasion cases under Category 2 of the department’s Swiss bank programme.
Oracle Capital partners with IndusView UK to foray into Indian market
Oracle Capital Group, an independent multi-family office and wealth management firm, has signed a deal to form a joint venture with IndusView UK, the London-based India advisory firm, and financial services professional Rudra Dalmia to foray into the Indian market.
Brewin Dolphin total funds rises to £33.2bn
British wealth manager Brewin Dolphins total funds stood at £33.2bn at end of December 2015, compared to £33.1bn a year ago.
Morgan Stanley names chief digital officer for wealth management
US investment bank Morgan Stanley has hired Naureen Hassan as new chief digital officer for wealth management.
Crédit Agricole combines wealth management operations under single brand
Credit Agricole Private Banking has integrated its operations across Europe, the Middle East, Asia-Pacific and the Americas under one single entity, which will be known as Indosuez Wealth Management.