All articles by Verdict Staff
Verdict Staff
Regions Bank expands Wealth Management Group
Regions Bank has named Kate Randall Danella as wealth strategy and effectiveness executive within its Wealth Management Group.
Senior People Moves: August
This month, Jimmy Lee, former market group head of Hong Kong at Credit Suisse, became the head of Asia Pacific for Julius Baer, and Nicholas Angilletta, former director of capital markets at Morgan Stanley, was made the managing director and head of wealth management capital markets at Deutsche AWM. Here are the key people moves that recently made news
Swiss bank Hypothekarbank Lenzburg reaches deal with US to settle tax evasion probe
The US Department of Justice (DoJ) has reached a resolution with Swiss-based Hypothekarbank Lenzburg (HBL) over the tax evasion cases under the departments Swiss Bank Program.
CIBC wealth arm posts 16% rise in Q3 net income
The wealth management unit of Canadian Imperial Bank of Commerce (CIBC) has reported a net income of C$140m for the third quarter ended 31 July 2015, up C$19m or 16% from C$121m during the same period a year ago.
Baker Tilly to merge with business advisory firm SF&Company
Accounting firm Baker Tilly Virchow Krause has agreed to merge with SF&Company, a CPA and business advisory firm.
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Aviva Investors hires new Taiwan head
Aviva Investors has named Lian Yang as new head of Taiwan operations as part of its strategy to expand business in the Asia Pacific region.
BIL Suisse migrates to Avaloqs Swiss BPO solution
BIL Suisse, a Luxembourg-based private bank, has fully migrated to Avaloq’s Swiss business process outsourcing (BPO) solution B-Source Master.
BHF Kleinwort Benson swings to profit in H1
BHF Kleinwort Benson Group, a Belgium-based financial services group, has registered an operating profit of EUR8m for the six months ended 30 June 2015, compared to a loss of EUR15.8m a year ago.
India signs pact with Seychelles to curb tax evasion
India has signed an agreement for exchange of information with respect to taxes with Seychelles in a bid to curb illegal hoarding of money.
LGT records 27% jump in H1 profit
LGT, a Liechtenstein-based private bank and asset management firm, has posted group profit of CHF131m for the first half of 2015, a 27% rise compared to CHF102.8m a year ago.