All articles by Verdict Staff
Verdict Staff
Deutsche Bank probing $6bn suspected money laundering by Russian clients
Deutsche Bank is conducting an internal investigation a possible money laundering transactions by some of its Russian clients, which is expected to exceed $6bn.
America’s emerging wealthy prefer wealth relationship managers to specialists: SEI
America’s emerging wealthy prefer to rely heavily on relationship managers for navigating their financial future rather than supporting product specialists, according to a new report by SEI, Scorpio Partnership, and NPG Wealth Management.
New investment risk demands action by investors: Mercer
Investors cannot ignore the implications for investment returns, finds a new report from Mercer modelling the potential impact of climate change on investments.
Walker Crips names senior investment portfolio manager for York office
Walker Crips Group, a UK-based investment management firm, has hired Alison Pickup as its new senior investment portfolio manager for its York office.
PBI Greater China Awards 2015: winners revealed
Private Banker International (PBI) announced the winners for the 2015 Private Banker International Greater China Awards.
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Seven countries join OECD agreement to fight offshore tax evasion
Seven new countries have joined the Multilateral Competent Authority Agreement (MCAA) that enables exchange of information automatically under the Organisation for Economic Co-operation and Development (OECD) standard, to bolster international efforts to fight against offshore tax evasion.
Devere Group launches new tax consultancy unit
Devere Group, a UK-based financial advisory firm, has launched its new standalone tax consultancy unit.
Alternative investments diversify portfolios but some advisors still wary: Pershing
The majority of advisors intend to continue recommending alternative investments over the next year, yet believe the asset class has underperformed since the economic crisis, according to a new survey from Pershing, a BNY Mellon company.
Schroders bolsters global fixed income team with new appointments
Schroders has expanded its global fixed income team with the appointment of five new members.
Aegon buys 25% stake in La Banque Postale Asset Management
Aegon, a life insurance, pensions and asset management company, has acquired a 25% stake in Frances La Banque Postale Asset Management (LBPAM) for EUR112.5m.