All articles by Verdict Staff

Verdict Staff

V-Rooms launches family office vaults

V-Rooms has launched the Family Office Vaults solution to address concerns about cyber security and the exchange of sensitive personal and financial information for the families of ultra high-net-worth individuals.

Thomas Miller Investment names new head of Birmingham office

Thomas Miller Investment, a wealth manager, has appointed Matt Swatton as head of its newly launched office in Birmingham.

US Bank appoints new investments MD for wealth management business

Ascent Private Capital Management, the wealth management arm of US Bank, has appointed Steve Bellman as managing director of investments.

CBA receives Chinese currency license to trade in Shanghai

China Banking Regulatory Commission (CBRC) has granted a renminbi (RMB) license to Commonwealth Bank of Australia (CBA) for its Shanghai branch.

Investec Asset Management launches China equity fund

Investec Asset Management has rolled out a China equity fund for European investors looking to gain direct access to Chinese markets.

UMB Financial completes acquisition of Marquette Financial Companies

UMB Financial, a $16.7bn diversified financial holding company, headquartered in Kansas City, Missouri, has completed the acquisition of Marquette Financial Companies (MFC), a $1.4bn financial-services company owned by the Pohlad family, in an all-stock transaction.

ANZ hires JP Morgan as global custodian for its ETF business

ANZ has appointed JP Morgan to offer global custody services for three equity ETFs for its newly launched exchange traded fund business.

VFMC hires State Street as custodian and administrator

The Victorian Funds Management Corporation (VFMC) has named State Street as the custodian and administrator of the A$50bn in assets, replacing NAB Asset Servicing.

Deutsche Bank to increase its Asia asset and wealth staff

Deutsche Bank is reportedly planning to increase the number of its asset and wealth management staff in Asia by 5% to 10% in 2015.

Stifel Financial in talks to acquire Barclays’ US wealth management arm

Stifel Financial, a US-based investment bank, is in advanced talks to buy Barclays’ wealth management division in the US.