All articles by Verdict Staff

Verdict Staff

EU publishes tax haven blacklist

The European Union (EU) has published its first list of international tax havens as part of its action plan for fair and efficient corporate taxation.

Barclays W&IM hires new fund products head

Barclays Wealth and Investment Management (Barclays W&IM) has appointed Mike Fullalove as new head of fund products.

MUFG to buy UBS’ global alternative fund services business

MUFG Investor Services, the global asset servicing unit of Japan’s Mitsubishi UFJ Financial Group, has agreed to acquire UBS Global Asset Management’s alternative fund services (AFS) business.

Hana Financial opens China-focused private banking center in Seoul

South Korea’s Hana Financial Group has opened a private banking centre focusing on Chinese customers in Yeoksam-dong, southern Seoul.

Avaloq implements wealth management platform for Canaccord Genuity

Avaloq, a provider of wealth management and banking solutions, has implemented its first fully-integrated UK wealth management platform for Canaccord Genuity Wealth Management.

Westpac acquires strategic stake in cyber security firm QLabs

Australian banking major Westpac has acquired an 11% stake in Canberra-based cyber security firm QuintessenceLabs (QLabs), which specialises in quantum technology-based online security.

Three-quarters of broker-dealer and RIA executives see a talent crisis in the industry: Fidelity

A new Fidelity Institutional poll found that nearly three-quarters (72% ) of broker-dealer and registered investment advisor (RIA) firm executives believe that there is a talent shortage in the industry, and acquiring or recruiting new talent is one of their firm’s top three strategic priorities.

Union Bank names new wealth markets group head

MUFG Union Bank in San Francisco has named Michael Feldman as the new head of its wealth markets group.

Sanlam Private Wealth names new business development head

Sanlam Private Wealth has hired Rob McDonnell as its new head of business development. He will also be a member of the firm’s executive committee.

Julius Baer probes its involvement in FIFA corruption case

Swiss banking group Julius Baer has launched an internal probe of money transfers related to a FIFA corruption case.