All articles by Verdict Staff

Verdict Staff

State Bank of India launches wealth management service

State Bank of India (SBI), the country’s largest public sector bank, has forayed into wealth management space to target fast-growing affluent segment of the country.

Majority of American expats feel FATCA puts them at a disadvantage: Survey

Majority (78%) of Americans who live outside the country feel the Foreign Account Tax Compliance Act (FATCA) negatively impacts their professional pursuits and that compliance is over burdensome, a poll conducted by Americans Abroad Global Foundation (ACAGF) and the University of Nevada has found.

EFG Asset Management launches UK equity strategy fund

EFG Asset Management (EFGAM) has launched an all-cap UK equity fund for new recruit John Leahy, to bolster its pan European and global equity franchise.

Nikko Asset Management selects Vermilion as global client reporting solution vendor

Japan-based Nikko Asset Management has selected Vermilion Software, a supplier of client reporting and communications software, as its global client reporting solution vendor.

William Blair opens new private wealth office in Atlanta

William Blair, a US-based investment banking and asset management firm, has opened a new private wealth office in Atlanta.

Sun Life Financial appoints new CIO

Sun Life Financial, a provider of protection and wealth products and services, has appointed Randolph Brown as its new chief investment officer (CIO).

Deutsche Bank appoints new UAE country head

Deutsche Bank has appointed Rafik Nayed as its new chief country officer for the United Arab Emirates and senior executive officer of the bank’s Dubai branch.

Deutsche Bank seeks to become a top five wealth manager in world

German banking giant Deutsche Bank is aiming to become one of the world’s top five wealth management firm over the next few years, the bank in a memo to staff said.

Hycroft hires new MD to lead international expansion

Hycroft, a US-based specialty investment bank focused exclusively on the alternative investments market, has appointed Christopher Cooke as its new managing director to lead the firm’s international expansion.

Russell Investments appoints president to maximize global growth opportunities

Russell Investments, a global asset manager providing actively managed multi-asset portfolios and services, has named Vernon Barback as its new president, effective 21 January 2016.