All articles by Verdict Staff
Verdict Staff
Citigroup planning to double wealth-management clients in Asia-report
American banking major Citigroup is planning to double its wealth-management clients in Asia over the next five years to one million.
Moelis names new MD for private funds advisory unit
Moelis & Company has appointed Tim Fitzsimmons as the new managing director of its private funds advisory business.
Succession planning: Learning from the Murdochs
Ken McCracken, founder and consultant at Withers Consulting Group, comments on succession planning
Eaton Vance Management rolls out new multi-sector income fund
Eaton Vance Management, an Eaton Vance subsidiary, has launched a new UCITS-qualified multi-sector income fund.
findaWEALTHMANAGER.com launches service in Singapore
findaWEALTHMANAGER.com, an online matching service that helps high net worth individuals (HNWIs) find wealth managers, has opened its doors to clients in Singapore.
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Investment banks ROE declined over past 10 years due to regulation, fines and litigation: EY
Return on equity (ROE) for key investment banks has seen a drop from 20% in 2006 to below 8% in 2014, making it important for firms to implement changes that can help them return to low double-digit profitability and offset impacts of higher costs, control failures and increasing competition, according to a report by EY.
Morgan Stanley, StanChart join IBA gold price setting panel
Morgan Stanley and Standard Chartered have been approved by the ICE Benchmark Administration (IBA) to participate in the gold auction, which used to determine the LBMA Gold Price.
Caledonia to buy majority stake in 7IM in £100m deal
Caledonia Investments has agreed to acquire a 94% stake in London-based wealth management firm Seven Investment Management (7IM) in a deal valuing the firm at £100m.
Structured product platform Contineo commences operation
Contineo, a Hong Kong-based broker neutral multi-issuer platform for equity linked structured products, has commenced live operations.
F&C Asset Management hires former iShares MD to lead ETF push
F&C Asset Management has appointed former iShares managing director Marc Knowles as its new managing director to spearhead its push into the ETF space.