All articles by Verdict Staff

Verdict Staff

GAM names Richard McNamara as new group CFO

Swiss asset manager GAM has appointed managing director for finance at Henderson Group Richard McNamara as its new group CFO.

UBS to roll out new wealth management service in Taiwan

Taiwan Financial Supervisory Commission has approved UBS Wealth Management to launch a new wealth management service branded UBS Advice in Taiwan.

Barclays, StanChart, HSBC commence Fifa payments investigation

British banks Barclays, HSBC and Standard Chartered have launched internal investigations to review their role in the alleged Fifa payments corruption scandal.

EFG International names new private banking head for Geneva

Swiss private bank EFG International has appointed Philippe Bruyère as its new head of private banking, Geneva.

Nearly half of global financial services firms expect to pursue M&A in next 12 months: EY

Global financial services transaction activity is gaining momentum, with 46% of executives intending to pursue acquisitions in the next 12 months, according to EY’s 12th Financial Services Capital Confidence Barometer.

UBS Global Asset Management to launch target-date collective investment trusts

UBS Global Asset Management Trust Company (UBS) is planning to launch a series of target-date collective investment trust funds (CITs) that seek to track the performance of the Morningstar Lifetime Allocation Indexes.

Philately, is there investment potential?

Keith Heddle, managing director of Stanley Gibbons, comments on the investment potential of rare stamps

Wilmington Trust appoints new senior private client advisor for Connecticut office

Wilmington Trust, a wholly owned subsidiary of M&T Bank, has appointed John Barrett as the new managing director and senior private client advisor for its office in Norwalk, Connecticut.

US strikes deals with four Swiss banks on tax evasion

Four Swiss banks have forged deals with the US Department of Justice to avoid possible prosecution for helping American citizens evade taxes.

Investor confidence rises by 7.0 points to 120.8 in May: State Street

State Street’s global Investor Confidence Index (ICI) for May 2015 increased to 120.8, up 7.0 points from April’s revised reading of 113.8.