All articles by Verdict Staff
Verdict Staff
StanChart to target corporate customers to boost private banking business
Standard Chartered is planning to target its corporate customers to grow its private banking arm, which accounted for merely 3.3% of total operating income last year.
TIAA-CREF Asset Management opens new Sydney office
TIAA-CREF Asset Management has expanded its global distribution focus on Australia and Asia by opening a new distribution office in Sydney, Australia.
UniCredit, Santander inch closer to merge their asset management units
Italian bank UniCredit and Spanish banking giant Santander have moved closer to a deal to merge their asset management businesses.
Wells Fargo Advisors opens new office in Colorado
Wells Fargo Advisors has opened a new branch in Fort Collins, Colorado, which will be known as the Campbell/Morrison Investment Group, reported www.coloradoan.com.
Allianz Global Investors names new UK institutional client services head
Investment manager Allianz Global Investors (AllianzGI) has named Joanne Wheatley as the new head of UK institutional client services.
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JP Morgan names new investment banking co-head for Australia, New Zealand
JP Morgan has named Goldman Sachs managing director Paul Uren as co-head of global investment banking for Australia and New Zealand.
UBS to hire nearly 350 compliance staff-report
Swiss banking giant UBS is set to hire about 350 compliance staff in Nashville and Krakow in the coming two to three year period, according to Reuters.
Old Mutual Asian equities team receives license from Hong Kong regulator
The Asian equities team of British investment manager Old Mutual Global Investors has received regulatory approval to operate from their Hong Kong office, establishing its first ground fund management capabilities in Asia.
Blackstone Q1 profit surges to $1.6bn
American investment firm Blackstone has posted an economic net income of $1.62bn for the first quarter, a surge 99% compared to $813.93m a year ago.
Schroders rolls out catastrophe bond fund
Investment management group Schroders has unveiled a new flexible catastrophe bond fund, which aims to invest in the private catastrophe bond market or cad bond lites.