All articles by Verdict Staff

Verdict Staff

BNY Mellon expands wealth management team

BNY Mellon has expanded its wealth management team by hiring Brian Seidman as new regional managing director.

Property investors set to benefit as capital flows from east to west likely to continue in 2015: PwC

The movement of capital from East to West is likely to remain the major influence on real estate markets in 2015, according to Global Emerging Trends in Real Estate 2015, an annual forecast of global real estate investor sentiment, published jointly by PwC and the Urban Land Institute (ULI).

UK proposes new Google tax law to mitigate corporate tax evasion

The UK government has proposed a new Google tax law to clamp down on corporate tax dodgers.

Argentina asks HSBC to repay $3.5bn in offshore client funds

Argentina’s tax agency has asked HSBC’s Argentine branch to repatriate $3.5bn in funds it helped its clients move offshore to dodge taxes.

Credit Suisse poised to name Prudential’s Tidjane Thiam as its new CEO

Credit Suisse Group is set to name Tidjane Thiam, the current CEO of British insurer Prudential, as its new CEO.

UBS China gets new president

Swiss wealth manager UBS has appointed Karen Chen as the new president for UBS (China).

Jyske Bank withdraws Swiss private banking services

Jyske Bank plans to stop offering its wealth management services in Switzerland as its private banking subsidiary suffered a “massive decline” in business volumes

Dubai and South Korea sign MoU for investment collaboration platform

Investment Corporation of Dubai (ICD), principal investment unit of the Government of Dubai, has signed a memorandum of understanding (MoU) with Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, to jointly invest in opportunities worldwide.

Towers Watson opens new office in Pittsburgh

Towers Watson has opened its new office in Pittsburgh with hiring of Jim Neill, Michael Dudkowski and Michael Patalsky.

George Osborne admits failure to reshape RBS; plans early sale

UK chancellor George Osborne has admitted not radically restructuring Royal Bank of Scotland (RBS) in 2010 was a mistake and outlined plans for an early sale of the government’s stake in RBS post general election.