All articles by Verdict Staff
Verdict Staff
UBS plans to double China headcount in five years
UBS has plans to double its headcount in China within the next five years, according to group CEO Sergio Ermotti. This will add about 600 staff to its operations there.
First Republic Bank hires new MD for San Francisco
First Republic Bank, a private bank and wealth management company, has appointed Doug Fiek as managing director and portfolio manager in San Francisco.
ALPS partners with RiverNorth Capital to launch RiverNorth Opportunities Fund
ALPS, a DST company providing products and services to the financial services industry, has partnered with RiverNorth Capital Management to launch a new closed-end fund, called RiverNorth Opportunities Fund, on the New York Stock Exchange.
Fi-Tek to buy Rockefeller & Co.’s Rockit Solutions business
Fi-Tek, a provider of technology platforms and solutions to wealth management firms, has agreed to purchase Rockefeller & Co.’s Rockit Solutions business, which provides technology service for single-family and multifamily offices, investment advisors and private trust companies.
JTC completes acquisition of GAMs Cayman fund administration business
JTC, a provider of fund, corporate and private client services, has completed the purchase of GAMs fund administration business in the Cayman Islands.
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Lloyds: Key Industry trends to consider in 2016
Markus Stadlmann, Chief Investment Officer of Lloyds Bank Private Banking, gives his forecasts on private banking trends in 2016
Millennium Trust unveils new online platform for alternatives investments
Millennium Trust Company has introduced a new centralized online service to simplify the custody of alternative investments.
Bank of the West introduces new program to give clients philanthropic investing options
Bank of the West Wealth Management Group, a subsidiary of BNP Paribas’ global wealth management business, has launched a new donor-advised fund through its newly launched Family Wealth Advisors group.
Martin Currie closes PK Investment Management acquisition
Martin Currie, an Edinburgh-based equity specialist and part of Legg Mason, has secured all necessary approvals to complete the acquisition of the business assets and investment management team of London-based long/short Japan Equity boutique, PK Investment Management.
Fiduciary Trust Company restructures its leadership team
Fiduciary Trust Company, a wealth management firm and wholly-owned subsidiary of Franklin Resources, has named Gail Cohen a new chair of Fiduciary Trusts board of directors replacing James Goodfellow.