All articles by Verdict Staff
Verdict Staff
ABN AMRO hires new UAE country executive
Dutch lender ABN AMRO has hired Jagdish Hirani as new country executive for the UAE replacing Rob Broedelet.
Canadian Imperial Bank of Commerce to slash over 500 jobs
Canadian Imperial Bank of Commerce (CIBC) is cutting over 500 jobs companywide, in a bid to improve operational efficiency.
Four European private bankers found guilty of investment fraud
Four former bankers at Sal Oppenheim, a European private bank, have been found guilty of criminal breaches of trust over investments.
Assicurazioni Generali signs bancassurance deal with UAE’s Rakbank
Italy’s Assicurazioni Generali has inked a bancassurance deal with the UAEs National Bank of Ras Al-Khaimah (Rakbank).
Charles Stanley’s total client funds up 2%
British wealth management and brokerage firm Charles Stanley has reported that its total client funds for the three months ended 31 December 2014 stood at £20.5bn, up 2% from £20.1bn a year ago.
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Standard Life teams up with eight DFMs to launch new service
Standard Life has teamed up with eight discretionary fund managers (DFMs) to launch a new service that aims to target retirement advisors.
Swiss court approves to provide Vatican bank account data to Italy
Judges at Switzerlands federal criminal court have approved the transfer of bank information to prosecutors in Italy from the account held by the Institute for Religious Works (IOR) rejecting the Vatican bank’s plea.
T. Rowe Price opens new office in Australia
Baltimore-based investment firm T. Rowe Price has expanded its presence in Australia by opening a new office in Melbourne.
Nomura’s asset management arm reports 10% rise in Q3 revenues
Nomura’s asset management business has reported net revenues of JPY23.4bn ($198m) for the third quarter of the fiscal year 2015, a 10% increase compared to the same period a year ago.
Bukaty Companies Financial buys financial firms IMC and 401K Squared
US-based Bukaty Companies Financial Services has acquired Investment Management Consultants (IMC) and retirement plan consulting firm, 401K Squared, for an undisclosed sum.