All articles by Verdict Staff
Verdict Staff
Macquarie to close risk advising subsidiary
Macquarie Group, a Sydney-based global investment banking company, has decided to close its wholly-owned financial planning subsidiary Risk Advice Specialists (RAS).
Multi-family office Oracle Capital launches new corporate financing product
Oracle Capital Group, an independent multi-family office and wealth consultancy, has launched a new product for corporate financing within its division ORCAP Project Finance.
HSBC GAM appoints new passive equity head
HSBC Global Asset Management (HSBC GAM), the investment management business of HSBC Holdings, has hired Joseph Molloy as its new head of passive equity.
Switzerland, EU sign preliminary deal to tackle tax evasion
Switzerland and the European Union (EU) have inked a preliminary deal on the automatic exchange of tax information that will make it harder for EU citizens to hide money in secret Swiss bank accounts.
United Fund Advisors expands presence in New York City
United Fund Advisors (UFA) has expanded its presence in New York City by opening of a new.
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Investors press StanChart and HSBC to leave London
Investors in Asia-focused banks Standard Chartered as well HSBC have encouraged the banks to consider switching its domicile away from London following the chancellors decision to increase the UK bank levy by a third.
LGT records 19% rise in 2014 group profit
LGT, an international private banking and asset management group fully controlled by the Liechtenstein Princely Family, has posted group profit of CHF165m for the year ended 31 December 2014, a 19% rise compared to a year ago.
Rothschild Asset Management appoints new CEO
Rothschild Asset Management, the US asset management business of the Rothschild Group, has appointed Michael Woods as its new CEO.
Peapack-Gladstone Financial to acquire Wealth Management Consultants
Peapack-Gladstone Financial, parent company of Peapack-Gladstone Bank (PGC), has struck a definitive agreement to acquire Morristown, NJ-based Wealth Management Consultants (WMC).
CCI approves DSP Merrill Lynch acquisition by Julius Baer
The Competition Commission of India (CCI) has approved Swiss banking group Julius Baer’s proposed acquisition of DSP Merrill Lynch’s (DSPML) wealth management and related lending businesses in India.