All articles by Verdict Staff
Verdict Staff
Wealth manager Globaleye opens new office in Vietnam
Globaleye, a Dubai based wealth management firm, has launched a new office in Ho Chi Minh City, Vietnam as part of its efforts to expand footprint in Asia.
Gulf Ventures Corporation buys 8.3% stake in Gulf Wealth Management
Bahrain-based Gulf Ventures Corporation (GVC) has bought an 8.3% stake in the London-based Gulf Wealth Management Limited (GWM).
Hedge funds deliver worst annual performance since 2011: Preqin
Data from Preqins forthcoming 2015 Global Hedge Fund Report shows that industry performance ultimately disappointed in 2014. Most hedge funds failed to match the returns made in the previous year, and solid advances were frequently followed by losses as managers struggled to gain momentum.
LOIM names new CIO for its multi-asset business
Lombard Odier Investment Managers (LOIM) has named Theodore Economou as new chief investment officer for its multi-asset business, effective 1 February 2015.
Ex-Julius Baer banker found guilty but avoids prison in WikiLeaks trial
Former Julius Baer banker Rudolf Elmer, accused of breaching Swiss banking secrecy laws by handing over confidential data to WikiLeaks in 2007, has been found guilty by the Swiss court but escaped jail term.
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Osborne Clarke unveils international private wealth practice for HNWIs
London-based law firm Osborne Clark has unveiled a new international private wealth practice for HNWIs and families across the world.
China establishes new unit to oversee trust firms
The China Banking Regulatory Commission (CBRC) has established a new unit to oversee trust companies in an effort to mitigate financial risk in shadow banking sector.
Julius Baer says did not suffer trading losses from SNB decision
Swiss private banking giant Julius Baer said that it did not suffer any losses soon following the Swiss central banks decision to abandon a three-year-old cap on the franc.
Major money managers to launch dark pool for equity trade
Nine leading fund managers of the world have formed a consortium to launch a dark pool, an anonymous venue for equities trades, to prevent high-frequency firms from disrupting their trades and raising costs.
Societe Generale to split chairman and CEO roles
French lender Societe Generale has decided to split the roles of chairman and CEO at its annual shareholders’ meeting on May 19.