All articles by Verdict Staff
Verdict Staff
Canaccord Genuity Wealth Management North America sees 29.7% rise in AuM
The North American unit of Canaccord Genuity Wealth Management has reported assets under management of C$1.6bn as of 31 March 2015, an increase of 29.7% compared to C$1.2bn at the end of fiscal 2014.
Two more banks resolve tax cases under US Swiss bank program
Swiss banks Rothschild Bank and Banca Credinvest have reached resolutions with US Department of Justice over the tax evasion cases under the departments Swiss bank program.
DBS Bank receives approval to operate in Australia
Singapore-based DBS Bank has received approval from the Australian Prudential Regulatory Authority to begin banking operations in Australia.
eVestment enters private equity arena; acquires TopQ private equity analytics company
eVestment, a provider of traditional and hedge fund data and analytics for the institutional investing community, is launching new offerings in the private equity and venture capital arenas.
Winners announced for 2015 Private Banker International Awards: London
Private Banker International (PBI) has revealed the winners for the 2nd annual Private Banker International Awards: London 2015. The award winners were announced and presented at the Awards Gala Dinner at Londons Waldorf Hilton Hotel on Wednesday, 3rd June 2015.
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Threshold Group launches new regional investment platform for clients
Threshold Group, a registered investment advisor, has launched a unique platform focused on regional economic development in the Pacific Northwest.
RBC Investor & Treasury Services selected as global custodian by Bermuda Commercial Bank
RBC Investor & Treasury Services, part of Royal Bank of Canada, has been appointed by Bermuda Commercial Banks custody division (BCB) as its provider of global custody.
StanChart executive to launch new Africa-Asia-focused private equity fund
A Dubai-based board member of Standard Chartered is reportedly planning to depart from the London-based bank to launch a private equity fund focused on Africa, the Middle East, South Asia and Southeast Asia.
Caledonia in talks to acquire Seven IM for £100m
Caledonia Investments has reportedly in advanced talks to acquire a controlling stake in wealth manager Seven Investment Management in a deal valued at around £100m.
Advisor investment company purchases reach record high in Q1 2015: AIC
The Association of Investment Companies (AIC) has published data from Matrix Financial Clarity, revealing that investment company purchases on platforms by advisors and wealth managers reached a new record high of £125.3m in Q1 2015.