All articles by Verdict Staff
Verdict Staff
Investec rolls out private banking services in Birmingham
South African bank Investec has launched private banking services in Birmingham for professionals, entrepreneurs and HNW clients.
Yes Bank to foray into asset management business
Indian private sector lender Yes Bank is planning to enter into asset management business in the next fiscal year.
HSBC makes public apology for tax evasion scandal
HSBC has issued a public apology to its customers over allegations that it helped wealthy clients dodge taxes.
BNP Paribas names new UK external distribution head
BNP Paribas Investment Partners has named Mike Woolley as new head of external distribution for the UK.
Multi-family office Taurus Wealth plans to open office in Dubai
Singapore-based multi-family office Taurus Wealth Advisors is planning to expand its footprint in the Middle East by opening a new office in Dubai.
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Redi2 rolls out cloud-based billing tool for RIAs and broker-dealers
Redi2 Technologies, a fee-billing software firm, has launched a cloud-based billing tool, BillFin, for broker-dealers and registered investment advisers (RIAs).
BNP Paribas chairman admits his bank made legal and ethical mistakes
BNP Paribas failed on ethical and legal counts by processing billions of dollars of transactions between 2002 and 2012 for groups in Sudan, Iran and Cuba that were allegedly involved in terrorism and genocide, the banks chairman Jean Lemierre conceded.
St Jamess Place set to open first offices in Middle East – report
Wealth manager St James’s Place is reportedly planning to open its first offices in the Middle East by the end of this year in a bid to lure wealthy European expatriates.
Rate of Americans giving up US citizenship due to tax laws will slow, says deVere chief
The historic numbers of Americans giving up their US citizenship due to onerous and costly new US tax laws are likely to subside over the coming years, forecasts founder and chief executive of deVere Group Nigel Green.
UK lawmakers to grill HSBC chief over tax evasion row
British lawmakers are planning to question the chiefs of HSBC and the tax authority HMRC over allegations that the lender had helped wealthy clients evade taxes.