All articles by Verdict Staff
Verdict Staff
Two more Swiss banks reach tax evasion deal with US DoJ
Swiss banks Bank Zweiplus and Banca dello Stato del Cantone Ticino (Banca Stato) have signed an agreement with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
Columbia Threadneedle names new UK equity research head
UK-based Columbia Threadneedle Investments has named Jeremy Smith as new head of UK equity research, effective 1 September 2015.
Richardson GMP to launch investment management division
GMP Capital’s wealth management arm Richardson GMP is planning to launch an investment management division by the end of 2015.
ABN Amro’s private banking arm sees 64% jump in Q2 underlying profit
State-owned Dutch lender ABN Amro’s private banking arm has posted an underlying profit of EUR72m for the second quarter of 2015, a 64% increase compared to EUR44m for the same period previous year.
How to reach and influence Affluent Millennials and the power of social media
LinkedIns Henry Clifford Jones discusses how banks can harness digital technologies to attract a new generation of wealthy young customers.
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Fort Rock partners with Gemini Hedge to launch liquid strategies business
US-based investment manager Fort Rock Asset Management has collaborated with Gemini Hedge Fund Services to set up its new business that focuses on managed futures, CTAs and currency managers.
Bank of the West appoints strategic philanthropy head
Bank of the West has appointed Julie Shafer as the head of the strategic philanthropy and purpose investing offering for its wealth management group.
Swiss cantonal bank BCV H1 operating profit up 9%
Swiss cantonal bank Banque Cantonale Vaudoise (BCV) has posted an operating profit of CHF260m for the first half of 2015, a 9% increase compared to the same period last year.
Citibank to expand wealth management business in Korea
Citibank Korea has unveiled plans to expand its wealth management business and focus on investments in mobile banking to manage low growth and low margins.
Genpact expands OpenWealth business to UK
Genpact has expanded its Genpact OpenWealth business into the UK market by completing its acquisition of UK OpenWealth platform from Citibank.