All articles by Verdict Staff

Verdict Staff

Credit Suisse names new head of greater China equity research

Credit Suisse has named Selina Sia as new head of greater china equity research for private banking & wealth management.

UK revamps tax regime for banks

The UK’s Chancellor of the Exchequer George Osborne has decided to slash levy banks pay on their balance sheets and replace it with an 8% surcharge on their profits, effective 1 January 2016.

CIBAFI, World Bank sign MoU to foster cooperation on Islamic finance

The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the World Bank have signed a memorandum of understanding (MoU) to foster the development of Islamic finance globally.

BT Wealth Management snaps up Excelsia Investment Advisors

BT Wealth Management, an affiliate of Atlanta-based Bennett Thrasher, has acquired Savannah, Georgia-based Excelsia Investment Advisors for undisclosed sum.

PwC expands leadership team in Channel Islands

PwC has expanded its leadership team with a number of promotions to meet ongoing growth opportunities in the Channel Islands.

Anaxis launches new emerging markets high yield bond fund

France’s Anaxis Asset Management has launched a new fixed-term emerging markets high yield bond fund.

Wealth management firm Kingsbury acquires Edwin C. Blitz Investments

Kingsbury Holdings, an Evanston, Illinois-based wealth management firm, has doubled its size by acquiring Edwin C. Blitz Investments, which serves Chicago’s north shore investment community.

Deutsche AWM poaches RBC’s senior wealth management executive

Deutsche Asset & Wealth Management (Deutsche AWM) has hired RBC Wealth Management’s international wealth planner Francesca Boschini.

Family Office Exchange expands to Australia and New Zealand

Family Office Exchange (FOX), a membership organization of enterprise families and their key advisors, has expanded its presence to Australia and New Zealand and named Melissa James as the market leader for the region.

Las Vegas investment firm executives indicted in $1.5bn ponzi scheme

A US federal grand jury has indicted the CEO of a Las Vegas investment company MRI International and two of his former Asia-based executives in an alleged $1.5bn ponzi scheme.