All articles by Verdict Staff
Verdict Staff
Banque Syz completes RBC Swiss subsidiary merger
Swiss private bank Banque SYZ has completed its merger with RBC Suisse, the Swiss subsidiary of Royal Bank of Canada, renamed Banque SYZ Suisse SA.
ECB approves Oddo & Cie’s counterbid for BHF Kleinwort Benson
French financial services firm Oddo & Cie has received approval from European Central Bank (ECB) to go ahead with its counterbid for BHF Kleinwort Benson Group.
Putnam Investment hires new CEO
Putnam Investment Management Company (F.L. Putnam) has hired R. Thomas Manning as new chief executive officer and president replacing John Carberry, who is set to retire from his role after a spell of 15 years with the firm.
Spains Renta 4 Bank hires Citi to directly access China A-Share market
Renta4, a publicly listed Spanish bank specialized in wealth management, brokerage services and corporate advisory, has selected Citi to provide execution to custody (E2C) services for transactions in China A-Shares through the Shanghai-Hong Kong Stock Connect (Stock Connect).
Bank of the West Wealth Management launches new initiative for business owners
Bank of the West Wealth Management Group, a subsidiary of BNP Paribas, has launched a new initiative called Private Business Owner Solutions aimed to focus on meeting the unique needs of business owners.
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Cross Coastal Advisors formed to meet planning needs of HNWIs
Gregg Miles and James Masur have merged their respective financial services offices to launch Cross Coastal Advisors to provide high-net-worth (HNW) individuals wealth transfer strategies and comprehensive financial planning services in the Boston area and nationwide.
Barclays opens Rise innovation hub in South Africa
Barclays Africa has launched the physical and virtual global start-up community Rise at the The Bandwidth Barn in Cape Town, South Africa to support fintech innovation.
Key trends in the wealth management industry 2015-16: Pictet
Pierre-Alain Wavre, equity partner, head of Pictet Investment Office, chairman of the investment committee of Pictet Wealth Management, highlights three key trends in the wealth management sector that have been at the forefront in 2015 and will continue to dominate in 2016
Bluebay Asset Management goes live with SimCorp Dimension
London-based fixed income specialist Bluebay Asset Management has implemented SimCorp Dimension to support its middle and back office operations across the entire investment book.
Swiss banks Cornèr Banca, Bank Coop reach deal with US to settle tax evasion case
Swiss banks Cornèr Banca and Bank Coop have reached resolutions with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.