All articles by Verdict Staff

Verdict Staff

Barclays in talks to sell private equity unit to management

British banking giant Barclays is reportedly in advanced talks to sell its private equity arm that invests in energy and commodity companies to the unit’s management.

Tilney for Intermediaries appoints new business development director

Tilney for Intermediaries, the discretionary management unit of the merged Tilney Bestinvest, has appointed John Alexander as its new business development director.

State Street Global Advisors names new president

State Street Global Advisors (SSGA), the asset management arm of State Street, has appointed Greg Ehret as its new president.

UAE signs FATCA deal with US to clamp down on tax evasion

The UAE has signed the Foreign Account Tax Compliance Act (FATCA) agreement with the US to fight international tax evasion.

UBP to take on about 60-70% of Coutts International’s client money

Swiss private bank Union Bancaire Privee (UBP) will take between 60 to 70% of client money held by Coutts International, which the Swiss bank is buying from RBS, Swiss financial news portal quoted UBP’s chief executive as saying.

Two more Swiss banks sign up for US tax programme to settle tax evasion cases

Swiss banks Bank Linth and Bank Sparhafen Zurich (BSZ) have reached resolutions with US Department of Justice over the tax evasion cases under the department’s Swiss bank programme.

Mattioli Woods to acquire advice firm Boyd Coughlan

Mattioli Woods has agreed to acquire Buckingham-based employee benefits and wealth management firm Boyd Coughlan for £7m.

NewAlpha Asset Management makes strategic investment in Quest Global Advisors

NewAlpha Asset Management, a Paris-based hedge fund incubator, has made a strategic investment in Quest Global Advisors, a Greenwich, Connecticut-based hedge fund manager.

Standard Life names new group CEO

Standard Life has appointed Keith Skeoch as its new chief executive to replace David Nish, who is stepping down from the role after six years at the helm.

Goldman Sachs names new product development head for ETF unit

Goldman Sachs Group has appointed Tony Kelly as new head of product development for its ETF business.