All articles by Verdict Staff

Verdict Staff

HSBC Bank Middle East to move head office to Dubai from Jersey

HSBC Bank Middle East (HBME) has said that it intends to transfer its place of incorporation and head office to the Dubai International Financial Centre in 2016.

Boal & Co buys Zurich Insurance’s trust business in Jersey

Boal & Co, an Isle of Man-based provider of actuarial and consulting services, has purchased Zurich Trust, a Jersey-based trust business of Zurich Insurance Group, following approval from the Jersey Financial Services Commission.

GSAM unveils new ActiveBeta exchange-traded fund

Goldman Sachs Asset Management (GSAM) has unveiled its first exchange-traded fund (ETF) that will track its proprietary ActiveBeta index.

Tilney Bestinvest introduces ‘ready-made portfolios’

British wealth manager Tilney Bestinvest has launched ‘ready-made portfolios’ for investors with £100 or more to invest.

Gresham House Asset Management appoints new managing director

Gresham House Asset Management has hired Rupert Robinson, former CEO of Schroders Private Bank, as its new managing director.

Edmond de Rothschild Asset Management names head of UK wholesale

Edmond de Rothschild Asset Management has named Daniel Lee as new director and head of UK wholesale, effective 1 October 2015.

Multi-family office FFO completes merger deals with two firms

FFO, a multi-family office serving ultra-wealthy clients and a partner firm of Focus Financial Partners, has completed two merger deals on 1 September 2015, which will nearly double its size and boost its ability to serve clients.

Brown Shipley implements SimCorp’s solution to automate client reporting

British private bank Brown Shipley has implemented SimCorp’s Coric Client Communications system to enhance its client service and offer tailor-made solutions in response to clients’ needs.

Close Brothers asset management arm posts 80% rise in adjusted operating profit

Close Brothers’ asset management arm has reported adjusted operating profit of £17.8m for the year ended 31 July 2015, up 80% compared to £9.9m a year ago.

Infront opens new office in London

Infront, a Norway-based provider of financial information and trading terminals, has expanded its footprint into the UK market by opening a new office in London at Becket House on Old Jewry.