All articles by Verdict Staff

Verdict Staff

Canaccord Genuity Wealth Management hires new UK senior investment director

Canaccord Genuity Wealth Management has named Duncan Reid as new senior investment director for its UK wealth management business.

Miton Group names new European equities fund manager

Miton Group, a UK-based multi-asset fund manager, has hired Thomas Brown as fund manager to launch its European equities fund by the end of 2015.

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.

Old Mutual teams up its various divisions for South Africa investors

Old Mutual Wealth has said that it will team up its various businesses, including Old Mutual International and Quilter Cheviot to deliver high quality investment solutions to high-net-worth (HNW) investors in South Africa.