All articles by Verdict Staff
Verdict Staff
UBS Wealth Management Americas second-in-command retires
Bob Mulholland, UBS Wealth Management Americas’ Client Advisory Group head has retired, according to a memo distributed to the firm’s 7,000 advisers.
SYZ ventures into corporate advisory segment
Swiss banking group SYZ has forayed into corporate advisory business in partnership agreement with investment banking boutique Rausch Partners, which specialises in corporate finance, capital restructuring and mergers & acquisitions.
London sees banking jobs jump by 34% in April
Job creation in the City of London – the UK’s financial heart -rose by 34% in the last month, with the number of new roles rising from 3,030 in March, to 4,070 in April, according to a new study by recruitment firm Astbury Marsden.
Societe Generale private banking sees 16% jump in Q1 net banking income
The private banking business of French bank Societe Generale has reported net banking income of EUR240m for the first quarter of 2015, an increase of 16% compared to the year ago quarter.
LGT deploys Secure Islands IQProtector to protect sensitive data and customer privacy
LGT, a family-owned private banking and asset management group, is conducting a global rollout of its flagship solution, IQProtector.
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BNY Mellon launches one-stop automated process for ETF creation and redemption
BNY Mellon has introduced the industry’s first one-stop process for authorized participants (APs) to automate the creation and redemption of exchange traded funds (ETF).
BNP Paribas Wealth Management makes senior hires for India
BNP Paribas Wealth Management has recruited Samir Bimal as its new managing director and head of Indian markets.
Equiom Group takes over Lloyds Trust Company and its subsidiaries
Equiom Group has expanded its Channel Islands footprint by completing the acquisition of Lloyds Trust Company (Channel Islands) along with its subsidiaries.
SkyBridge Capital opens office in South Korea
SkyBridge Capital, a US-based alternative investment firm, has launched a new office at Two IFC Building in Yeoido in Seoul, South Korea.
Coutts International CEO set to depart post UBP takeover-report
Coutts International’s chief executive Alexander Classen is set to step down within the coming two to three weeks following its sale by RBS to Swiss private bank UBP.