All articles by Verdict Staff

Verdict Staff

StanChart may shift global headquarters to Asia-report

British banking group Standard Chartered may consider shifting its global headquarters to Asia and spinning off of India business into a subsidiary at its board meeting in India on March 23.

French investigators to arrest ex-UBS wealth managers

French investigators have reportedly sought to detain ex-UBS wealth managers Dieter Kiefer, Philippe Wick and Olivier Baudry for questioning regarding Swiss lender’s tax evasion lawsuit.

LLB offloads its stake in swisspartners Investment Network

Liechtensteinische Landesbank (LLB) has sold its majority stake in swisspartners Investment Network to the company’s active partners, as LLB focuses on its core business.

LPL Financial adds Zions to its institution services platform

LPL Financial has added wealth management programs of Zions Bancorporation to its Institution Services platform.

Walker Crips buys London IFA BPAM

Wealth management firm Walker Crips Group has acquired the London-based investment and wealth management firm Barker Poland Asset Management (BPAM) in a deal worth £4.2m.

Towergate Financial sold to Palatine Private Equity for £8.64m

Towergate Financial, the advice arm of Towergate Insurance, has been sold to Palatine Private Equity in a £8.64m deal.

UBS poaches three Evercore executives for US arm

Swiss banking giant UBS has hired Brett Pickett, Lowell Strug, and Peter Kuhn for its US consumer and retail investment banking unit.

Threadneedle to merge its multi-manager funds with 7IM

Threadneedle Investments has disclosed its plans to merge its £350m multi-manager suite of funds with the UK-based Seven Investment Management (7IM).

Barclays Bank names new CEO for Ireland

Barclays Bank Ireland has appointed Sasha Wiggins as its new CEO, where she will be responsible for wealth management, corporate, and investment banking businesses.

GCC HNWIs more optimistic on prospects for Gulf economies than global markets: Study

GCC HNWIs are more positive about the economic situation in the Gulf region than globally, with 55% saying the economic situation in the Gulf is improving compared to 31% saying the global economy is improving, according to Emirates Investment Bank’s (EIBank) second ‘GCC Wealth Insight Report’.