All articles by Verdict Staff
Verdict Staff
Custom House opens office in Hong Kong
Custom House Fund Services, an independent global fund services provider, has expanded its presence in Asia-Pacific by opening office in Hong Kong.
BMO Financial Group unveils new wealth management brand
BMO Financial Group has introduced BMO Wealth Management, a new umbrella for its wealth businesses.
RBS private banking arm sees 62% slump in Q1 operating profit
The private banking business of RBS has registered an operating profit of £28m for the first quarter of 2015, down 62.66% compared to £75m a year ago.
Investor confidence falls in April by 2.3 points to 114.3: State Street
State Street Global Investor Confidence Index (ICI) decreased to 114.3 in April, down 2.3 points from Marchs revised reading of 116.6.
Kuwait signs FATCA deal with US to curb tax evasion
Kuwait has signed the Foreign Account Tax Compliance Act (FATCA) agreement with the US to fight international tax evasion, Kuwait News Agency (KUNA) reported.
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Vontobel shareholders approve 12.5% cut in share capital
Vontobel’s board of directors has given the go-ahead to a 12.5% reduction in the firm’s share capital.
Barclays may sell Americas wealth management business
Barclays is considering selling its Americas wealth management business, the brokerage unit of the old Lehman Brothers, FOX Business Network (FBN) has reported.
BNP Paribass wealth and asset management unit posts higher Q1 pre-tax income
BNP Paribas’ wealth and asset management arm has registered a pre-tax income of EUR170m for the first quarter of 2015, a rise of 3.7% compared to EUR164m in the corresponding quarter of 2014.
Falcon Private Bank hires new board member
Falcon Private Bank has re-hired Mohamed Badawy Al-Husseiny as its member of the board of directors, effective immediately.
Deutsche AWM goes live with Eagle data management to support EMEA and APAC businesses
Deutsche Asset & Wealth Management (Deutsche AWM) has gone live with data management solution from Eagle Investment Systems, a subsidiary of BNY Mellon, to support its global operations.