All articles by Verdict Staff
Verdict Staff
Standard Chartered private banking unit’s operating profit down 14%
Standard Chartered private banking arm has posted operating profit of $ 149m for the year 2014, a decline of 14% compared with $173m a year ago.
Falcon Private Bank aims to buy rivals
Falcon Private Bank is open to acquiring rival banks with assets of up to 2bn francs ($2.07bn).
PAC calls on HSBC chiefs for tax evasion enquiry
The Public Accounts Committee (PAC) has summoned two HSBC executives to provide further evidence as part of its enquiry into tax evasion case.
Evercore Wealth Management appoints new vice president
Evercore Wealth Management has appointed John Sawin as a vice president and financial advisor at the San Francisco office of the firm.
Russian volatility weighs on emerging markets hedge funds: HFR
Hedge fund capital invested in emerging markets declined to conclude 2014, falling from the record level established in 3Q14 on a combination of performance losses and investor outflows concentrated in funds with exposure to Russia, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR.
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Ashcourt Rowan hires new funds director
Wealth manager Ashcourt Rowan has appointed Jamie Frere-Scott to the role of funds director.
BofA Merrill Lynch names new structured solutions head
Bank of America’s (BofA) Merrill Lynch division has appointed Lewis Steinberg as its new managing director and structured solutions head for the Americas Mergers & Acquisitions group.
Raymond James to buy Cougar Global Investments
Raymond James Financial has signed a definitive agreement to purchase Toronto-based asset manager Cougar Global Investments.
Towers Watson bolsters credit research team
Towers Watson has appointed Kate Hollis to its credit research team. This follows the recent change to its manager research team which is now structured in line with investment return drivers.
59% of Britain’s over 50s consider retirement abroad: deVere study
More than half of Britain’s over 50s would consider living overseas during their retirement, according to a survey conducted by deVere Group.