All articles by Verdict Staff
Verdict Staff
Cordea Savills to buy SEB Asset Management for £15.6m
International real estate investment manager Cordea Savills is set to acquire Frankfurt-based SEB Asset Management (SEBAM) for up to EUR21.5m (£15.6m) in cash.
Signature Bank opens private client banking office in Connecticut
New York-based Signature Bank has opened a new private client banking office in Greenwich, Connecticut.
UK introduces new strict liability offence for offshore tax evasion
The UKs HM Revenue and Customs (HMRC) has introduced a new strict liability criminal offence on both offshore tax evaders and those who help them.
Morgan Stanley makes executive changes in wealth and securities units
Morgan Stanley has shifted a pair of senior executives between its securities and wealth-management divisions, to broaden the firm’s leadership’s experience with its main businesses.
Amundi Alternative Investments names new directional strategies head
Amundi Alternative Investments has appointed Navik Patel as its new head of directional strategies.
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BlackRock rolls out new UK real estate fund
American money manager BlackRock has launched a new property-focused exchange traded fund (ETF), which will aim to reflect the risk and return profile of UK real estate.
Arbuthnot Latham posts 2014 pre-tax profit of £3.6m
Arbuthnot Latham, the private banking unit of Arbuthnot Banking Group, has registered a pre-tax profit of £3.6m for the year ended 31 December 2014, compared to £7.7m a year ago which included a £6.5m gain on sale of Wilson Street, the groups offices.
TMF Custom House to re-launch fund services operation
TMF Group has agreed with the management team of TMF Custom House, its fund services division, to create an independent, stand-alone fund services operation.
BNY Mellon Wealth Management appoints new senior director
BNY Mellon Wealth Management, the investment services unit of Bank of New York Mellon, has appointed Tony DePasquale as senior director, reported Reuters.
Mashreq Private Banking supports Art Dubai Modern 2014
Mashreq, a UAE-based financial institution, has confirmed their sponsorship for Art Dubai Modern 2014.