All articles by Verdict Staff

Verdict Staff

There are nearly seven times more female billionaires today as compared to 20 years ago

The number of female billionaires worldwide has increased nearly sevenfold since 1995 and it is Asian entrepreneurs who are driving this growth, according to a study jointly conducted by UBS and PwC. The report claims that women are outpacing men when it comes to growth of wealth and rank. There are now 145 female billionaires as compared to 22 in 1995.

Accenture buys Beacon Consulting to expand asset management capabilities

Accenture has purchased Beacon Consulting Group, an advisor to financial and investment firms, in an effort to strengthen its capabilities in asset management.

Standard Chartered appoints new global private banking head

Standard Chartered Bank has appointed former Barclays executive Didier von Daeniken as its new global head of private banking & wealth management.

Mackenzie launches new suite of investment pools for affluent Canadian investors

Mackenzie Investments has rolled out Mackenzie Private Wealth Pools – a suite of eight unique mandates tailored exclusively for affluent Canadians with a multi-boutique investment manager approach.

Man Group hires former trade minister as new chairman

Man Group, a London-based asset manager, has appointed former British trade minister Lord Livingston as its new chairman, subject to regulatory approval.

Canaccord Genuity Wealth Management (UK) names new senior investment director

Canaccord Genuity Wealth Management (UK) has appointed Charles Cohen as new senior investment director for its investment team.

DBS Bank unveils learning centre to nurture talent for Singapore’s finance industry

DBS Bank has launched its new learning, centre called DBS Academy, to train talent for Singapore’s finance industry.

CIMB Group appoints new CEO for Islamic banking division

Malaysia-based investment bank CIMB Group has hired Mohamed Rafe bin Mohamed Haneef as new CEO and executive director of CIMB Islamic Bank Berhad as well as new CEO of Group Islamic Banking Division.

Edmond de Rothschild hires new group chief economist

Edmond de Rothschild Group has bolstered its economic research department by appointing Mathilde Lemoine as new group chief economist.

Societe Generale Securities Services creates new team in Amsterdam

Societe Generale Securities Services (SGSS) has established a new team in Amsterdam in an effort to support its development in the Netherlands and the Nordic region, covering Denmark, Finland, Iceland, Norway and Sweden.