All articles by Verdict Staff
Verdict Staff
Carmignac unveils promotions within fund management teams
European asset manager Carmignac has made multiple promotions across its European equities, cross asset as well as fixed income teams.
SunGard launches managed investment solution for wealth advisors
SunGard has expanded into the managed accounts business with the launch of an integrated managed investment solution, and the implementation of Minnesota-based community bank Union Bank & Trust.
SYZ Group expands private banking business in Spain
N+1 SYZ, the Spanish private banking arm of SYZ Group, has bolstered its footprint in Spain with the opening of a new office in Zaragoza.
Pictet Asset Management introduces Chinese debt fund
Pictet Asset Management has rolled out the new Pictet Chinese local currency debt fund that will facilitate investment in China’s onshore bond market.
Deutsche Bank and Santander fail stress test in US
The US units of European lenders Santander and Deutsche Bank have failed to clear Federal Reserves annual stress test, which assesses whether lenders can withstand a financial crisis.
Vatican in advanced talks with Italy to end secret banking
The Vatican is in advanced negotiations with Italian authorities to phase out secret banking at the Vatican Bank, which is referred to as the Institute for Religious Works (IOR).
Equiom Group acquires Guernsey’s Ardel Trust Company
Equiom Group, trust and corporate services provider, has acquired Ardel Trust Company (Guernsey).
KFH launches new wealth management service in Bahrain
Kuwait Finance House – Bahrain (KFH-Bahrain) has launched new investment and asset management services to focus on specific needs of customers.
Tilney Bestinvest to launch online retirement service
Tilney Bestinvest in a tie-up with Just Retirement Solutions has come up with a new online and telephone-based at-retirement service, which includes an online annuity planner tool.
Guernsey fund formations continue in Q4 2014 as NAV falls
Guernsey Financial Services Commission (GFSC) has approved 27 new investment funds during the final quarter of 2014, resulting in a total of 137 additions during 2014.