All articles by Verdict Staff
Verdict Staff
Association of Swiss Private Banks names new chairman
The Association of Swiss Private Banks (ASPB) has named Yves Mirabaud, senior partner of Mirabaud, as its new chairman with immediate effect.
Citigroup Q1 profit surges 21%; private bank revenues up 6%
Citigroup has reported net income of $4.77bn for the first quarter 2015, an increase of 21% compared to $3.94bn a year ago.
Why Labours non-dom plans could lead to shattering consequences for Britain
Ed Milibands promise to scrap the non-domicile tax status should Labour get into power at the general election in May is naïve, reckless and ill-conceived
Italy removes Guernsey from tax blacklist of tax havens
The Italian Ministry of Finance has removed Guernsey from its revised tax blacklist of tax havens by amending the 2015 Finance Act.
Asset Control goes mobile with data service manager
Asset Control, a provider of financial data management solutions and services, has launched Data Service Manager for AC Plus an enterprise data management platform.
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Northern Trust establishes asset management sales and client service team in Melbourne office
Northern Trust has established an asset management sales and client servicing team in its Melbourne, Australia, office to offer its full range of customizable asset management solutions to institutional investors across Australia and New Zealand.
BlackRock Q1 profit up 9%, AuM rises to $4.77 trillion
American money manager BlackRock has posted a net income of $822m, or $4.84 per share, for the first quarter of 2015, an increase of 8.7% compared to $756m, or $4.40 per share, a year ago.
Direct lending funds have offered superior risk/return profile: Prequin
Preqins latest analysis of the risk/return profile of major private equity and private debt fund strategies has shown that direct lending funds have been providing investors with superior returns given their level of risk.
U.S. Bank wealth business records 13% rise in Q1 income
U.S. Bank’s wealth management businesses has posted net income of $59m for the first quarter of 2015, an increase of 13.5% compared with $52m in the year ago quarter.
FACT Middle East commences operations in Qatar
FACT Middle East, a specialist family office and part of Swiss family office group LP Suisse Group, has said that it is now fully operational and open for business, offering upscale family office advisory services in Qatar.