All articles by Verdict Staff
Verdict Staff
SEI extends leadership development programme to UK
SEI has launched its associates programme to the UK Private Banking business, the SEI business unit behind the SEI Wealth Platform.
Four more Swiss banks reach tax evasion deal with US DoJ
Swiss banks Luzerner Kantonalbank, Habib Bank Zurich (HBZ), Banque Heritage and Hyposwiss Private Bank Genève (Hyposwiss Geneva) have reached resolutions with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
Societe Generale names new wealth management solutions head
Societe Generale Private Banking (SGPB) has hired Olivier Paccalin as new head of wealth management solutions, replacing Bruno Lebre.
Profit up 11% at Barclays’ unit that contains wealth business
Barclays’ Personal and Corporate Banking arm, which also includes the wealth business, has registered attributable profit of £646 for the third quarter of 2015, an increase of 11.7% compared to £578m a year ago.
Mitsubishi UFJ Financial launches Islamic finance business in Dubai
Mitsubishi UFJ Financial Groups banking arm, the Bank of Tokyo-Mitsubishi UFJ (BTMU) has launched its Islamic finance business in Dubai to tap vast pools of liquidity in southeast Asia and the Gulf.
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BIL names new wealth management head
Banque Internationale à Luxembourg (BIL) has hired Hans-Peter Borgh as new head of wealth management to develop its private banking activities in Luxembourg, replacing Adrian Leuenberger.
Assets of Asian HNWIs could grow to $14.5 trillion by 2020: Julius Baer report
The pool of investable assets held by Asian high-net-worth individuals (HNWIs) could reach $14.5 trillion by 2020, or a growth of 160% in the current decade, according to a report published by Swiss banking group Julius Baer.
Kleinwort Benson Investors opens new office in Boston
Kleinwort Benson Investors, a Dublin-based institutional asset manager, has expanded its footprint in North America by opening its third US office in Boston, Massachusetts.
Vontobels Q3 client assets reach CHF142bn
Swiss asset and wealth manager Vontobel Holding has reported that its advised client assets reached CHF142bn for the third quarter ended 30 September 2015, exceeding the level at end-2014 and in line with mid-2015.
Standard Life’s year-to-date AUA reaches £301.9bn
Standard Life Investments assets under administration (AUA) for nine months ended 30 September 2015 increased by 2% to £301.9bn in volatile markets from £296.6bn a year ago.