All articles by Verdict Staff

Verdict Staff

Switzerland’s Investment Migration Council opens first overseas office in Dubai

The Investment Migration Council (IMC), the Switzerland-based Citizenship-by-investment industry standard setting body, has opened its first overseas stations outside of Geneva in Dubai.

Wells Fargo names Tim Sloan as president and COO

Wells Fargo & Company has appointed Timothy Sloan as new president and chief operating officer to oversee business operations.

Deutsche AWM bolsters alternatives coverage team

Deutsche Asset & Wealth Management (Deutsche AWM) has hired Matthew Lamb as new co-head of alternatives coverage in the global client group.

Crestbridge wins Jersey ‘ManCo’ licence and expands alternative funds team

Crestbridge, a Jersey based funds, corporate and family office firm, has received approval from the Jersey Financial Services Commission (JFSC) to provide Management Company (ManCo) solutions to Jersey Funds.

Houlihan Lokey buys Leonardo’s investment banking operations in three European countries

American investment bank Houlihan Lokey has purchased the investment banking operations of Leonardo & Co in Germany, the Netherlands and Spain, for an undisclosed amount.

Religare offloads entire stake in fund JV to partner Invesco

India’s Religare Enterprises has decided to sell its entire 51% stake in asset management joint venture Religare Invesco Asset Management Company (RIAMC) to its foreign partner Invesco.

Standard Life unveils new tax optimisation toolkit for advisors

Standard Life has unveiled a tax optimisation toolkit to support multi-wrapper retirement income planning and help advisors deal with increasing demand for retirement advice.

Motif Investing sets up new investment management subsidiary

Motif Investing, a thematically-driven investing platform, has established an investment management subsidiary, called Motif Capital Management.

Barclays to pay additional $150m penalty to New York regulator for forex misconduct

Barclays has agreed to pay an additional $150m penalty to the New York State Department of Financial Services (NYDFS) for misconduct related to automated, electronic foreign exchange (FX) trading through its ‘Last Look’ system.

Law firm Shoosmiths sets up new luxury asset litigation group

British law firm Shoosmiths has created a new luxury asset litigation group and hired Elliot Bishop to head the new group.