All articles by Verdict Staff

Verdict Staff

Standard Chartered appoints new India CEO

Standard Chartered Bank has hired Zarin Daruwala as new chief executive officer for India, replacing Sunil Kaushal who has been appointed as regional chief for Africa and Middle East.

Nippon Capital Asset Management to open new office in China

Nippon Capital Asset Management has expanded its international operations by opening a new satellite office in China in 2016.

Praemium expands partnership with Infocus Wealth

Investment administration provider Praemium and Infocus Wealth Management have extended their partnership to create an end-to-end advice and investment solution.

YES Bank inks MoU with London Stock Exchange for green bonds

The London Stock Exchange Group (LSEG) has entered into a memorandum of understanding (MoU) with India’s YES Bank to work together on bond and equity issuance, with focus on developing green infrastructure finance.

Private bank SCB Switzerland reaches tax evasion deal with US

Swiss private bank Standard Chartered Bank (Switzerland) (SCB Switzerland) has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.

Mercer Advisors purchases Spruce Hill Capital

Mercer Advisors, a Santa Barbara-based wealth management firm, has acquired Spruce Hill Capital, a Connecticut-based registered investment advisor firm with $110m in client assets, for an undisclosed sum.

JFD Group opens office in France

Just Fair & Direct (JFD) Group, a provider of electronic trading, prime brokerage and wealth management solutions, has opened an office in Sophia-Antipolis in France.

Morgan Lewis expands investment management practice in London

US-based law firm Morgan Lewis has expanded its London investment management team by haring Simon Currie as new partner.

Towry names new investment director in London

British wealth manager Towry has named Peter Donnell as new investment director to its New Street Square office in London.

Julius Baer to buy additional 60% stake in Kairos Investment

Swiss private banking giant Julius Baer has agreed to purchase an additional 60.1% stake in Italian wealth manager Kairos Investment Management for an undisclosed sum.