All articles by Verdict Staff
Verdict Staff
RidgeWorth International hires managing director, sovereign wealth and official institutions
RidgeWorth International has appointed Rahul Shah as managing director, sovereign wealth and official institutions, based in London.
Italy takes off Bermuda from tax blacklist
Italy has removed Bermuda from a tax blacklist, after Italys minister of economy and finance minister Pier Carlo Padoan removed a provision in the countrys tax laws on jurisdictions.
UBP looking to boost Middle East operations following Coutts International buyout
Swiss private bank UBP is planning to boost its Middle East operations after its recent purchase of RBS’ overseas private banking arm Coutts International, a senior official told Gulf Business.
JPMorgan Q1 net income rises to $5.91bn
American banking giant JPMorgan Chase has reported net income of $5.91bn for the first quarter of 2015, an increase of 12% compared to $5.27bn in the year ago quarter.
Multrees poaches Fidelity UK CEO
Multrees Investor Services, a UK-based custody and consolidated reporting specialist for wealth managers, has appointed former Fidelity UK CEO Hugh Mullan as its new non-executive director.
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Deutsche Bank fined $8.4m by Dubai regulator for breaching rules
Deutsche Bank’s DIFC branch has been fined $8.4m by Dubai Financial Services Authority (DFSA) for rules violations.
GenX more ready to take on responsibility for retirement than boomers: survey
When it comes to retirement preparation and investing, members of Generation X tend to be more worried, are saving more and taking more responsibility for their nest eggs than baby boomers, according to new survey findings from The PNC Financial Services Group.
Wells Fargo wealth division sees 18% rise in Q1 income
The Wealth, Brokerage and Retirement (WBR) division of Wells Fargo has posted a net income of $561m for the first quarter of 2015, up 18% compared to $475m in the year ago quarter.
Investors find both equity and bond markets overvalued: BofA Merrill Lynch
Investors see growing overvaluations in both bonds and equities and have signaled concern about a valuation bubble forming, according to the Bank of America (BofA) Merrill Lynch Fund Manager Survey for April.
Maitland enters UK market with acquisition of Phoenix Fund Services
Maitland, a US-based advisory and fund administration firm, has acquired Phoenix Fund Services, a UK-based fund administrator for UK and offshore fund structures.