All articles by Verdict Staff

Verdict Staff

Julius Baer hires new head for Africa & Eastern Mediterranean sub-region

Swiss private banking giant Julius Baer has named Gerassimos Spyridakis as head of a newly created sub-region Africa & Eastern Mediterranean, effective 1 January 2016.

Lombard International launches life insurance-based wealth management business

Lombard International has launched its global life insurance-based wealth management business following the integration of US-based Philadelphia Financial with Luxembourg-based Lombard International Assurance.

UBS Wealth Management enhances its Financials Online platform

UBS Wealth Management Americas has added modeling and forecasting capabilities to Financials Online, the company’s web-based financial reporting and analysis tool for plan sponsor.

Capital Group opens new office in Zurich

Asset manger Capital Group has opened a new office in Zurich to expand its footprint across Europe.

Enhanced Capital, FocusPoint introduce investment manager seeding platform

Enhanced Capital, a New York-based private investment firm, has partnered with FocusPoint Private Capital, to form Enhanced FocusPoint (EFP), a new investment manager seeding platform used to source, seed and launch a series of private investment funds.

Nearly 42% of advisers maintain neutral view on emerging markets: Cofunds study

Adviser’s appetite for emerging markets remains neutral in spite of recent economic volatility in global markets with one in two advisers expecting China in particular to recover from its slowdown, according a new study conducted by British investment platform Cofunds.

Deutsche Bank names new heads of private and commercial banking in Germany

Deutsche Bank has hired Asoka Woehrmann and Stefan Bender as new heads of private and commercial banking operations in Germany, replacing Peter Schedl and Wilhelm von Haller who will leave their offices on 30 September 2015.

Falcon Private Bank appoints new head of private banking international

Switzerland-based Falcon Private Bank has named Philipp Korach as new head of private banking international, effective from 1 October 2015.

Perspecta Trust appoints new COO

Perspecta Trust, a provider of fiduciary, investment management and wealth transfer planning services, has appointed Stephen Tall as its new chief operating officer (COO).

Cargill to spin off Black River Asset Management into three separate firms

US-based agricultural giant Cargill said that it is planning to spin off its investment firm Black River Asset Management into three separate employee-owned firms.