All articles by Verdict Staff

Verdict Staff

Safra Sarasin, Coutts, Gonet and BC Valais reach deal with US to settle tax evasion probe

Swiss banks Bank J. Safra Sarasin, Coutts & Co, Gonet & Cie and Banque Cantonal du Valais (BC Valais) have reached resolutions with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.

Carlyle appoints new head of investment solutions segment

Alternative asset manager The Carlyle Group has appointed Lauren Dillard as head of the investment solutions business segment and member of the management committee, based in New York.

Cainvest buys all shares of Intertrust Bank in Cayman Islands

Cainvest International Bank, a Cayman-based provider of private banking and investment products and services for HNW clients, has purchased all the shares of trust and corporate services provider Intertrust Bank (Cayman) from Intertrust Holding (Cayman).

Decimal inks robo-advice deal with Mercer Australia

Online financial planning software provider Decimal has entered into a robo-advice contract with Mercer Australia.

London & Capital:Outlook 2016

Iain Tait, Partner, Head of Private Investment Office at London & Capital, gives his predictions for 2016

Fintech adoption among consumers to double in next 12 months: EY

Use of financial technology (fintech) services by digitally active consumers is expected to double within the next 12 months, according to the first FinTech Adoption Index from EY.

Investec unveils two FTSE 100-linked structured products

UK-based Investec Structured Products has unveiled two new FTSE 100-linked structured products- namely the FTSE 100 Defensive Growth Plan 1 and the FTSE 100 Defensive Kick-Out Plan 1.

EIIB-Rasmala rebrands as Rasmala; to focus on alternatives and real estate offering

EIIB-Rasmala, a UK-based independent investment manager, has renamed itself Rasmala. The group has also accompanied this rebrand with a refresh of its Rasmala brand identity and logo.

London Stock Exchange buys ETF provider XTF

London Stock Exchange Group (LSEG) has completed the purchase of XTF, a US-based provider of ETF data, analytics and ratings, through its Information Services division.

COMMENT: Like it or not, The Revolution is happening – AG Delta

Andrew Au, CEO and founder of AG Delta, comments on what wealth managers will need to do to survive in 2016