All articles by Verdict Staff

Verdict Staff

China Construction Bank granted licence to open Swiss branch

China Construction Bank has secured a license from the Swiss financial regulator Finma to offer commercial- banking services and clear renminbi transactions in Switzerland.

Azimut’s Australian arm to acquire financial planner Wise Planners

AZ Next Generation Advisory (AZ NGA), the Australian unit of Azimut, has agreed to acquire the entire capital of Wise Planners (WP) for A$4.5m.

Law firm Day Pitney to merger with Chapin Ballerano & Cheslack

Law firm Day Pitney has agreed to merge with Florida-based law firm Chapin Ballerano & Cheslack in a bid to expand its East Coast presence.

Wilmington Trust bolsters Boston wealth advisory office

Wilmington Trust has expanded its Boston wealth advisory office by hiring David Ely as senior portfolio manager and Steven Conway as senior private client fiduciary advisor.

Lincoln Private Investment lures wealth managers from Barclays

Wealth management company Lincoln Private Investment Office has lured wealth managers Ben Stern and Stephen Kattou from Barclays Wealth to boost its investment expertise and grow its client base.

Nuveen Investments, TIAA-CREF launch three new UCITS funds

US-based asset manger Nuveen Investments and TIAA-CREF Asset Management (TCAM) have launched three UCITS funds to non US investors.

EXCLUSIVE: UBS continues its reign on top as the largest private bank in Asia Pacific

Private Banker International announced the 2015 PBI Top 20 Asia-Pacific Rankings at the Private Banker International Global Wealth Summit 2015. This year’s survey showed a continued rise in Asian wealth and reveals UBS as the largest private bank by AUM in the region, for the third year in a row.

Nikko Asset Management Australia bolsters its distribution team

Nikko Asset Management Australia has named Lia Gunawan and Simon Green as new regional sales managers for New South Wales and Queensland in a move to expand its distribution team and bring new strategies to market.

Deutsche Bank to split asset and wealth management division

German banking giant Deutsche Bank has decided to split its asset and wealth management division into separate units as part of the drive to as part of restructuring of key units.

Schroders hires BlackRock ETF sales head

Schroders has hired Esther Nass-Fetzmann to a newly created role within its Multiasset Investments and Portfolio Solutions (MAPS) product team.