All articles by Verdict Staff

Verdict Staff

Technology stocks continue to be most attractive to millionaires, says Spectrem

Technology stocks continue to be the most attractive to millionaires, according to Spectrem Group’s annual fourth quarter wealth level study.

JPMorgan Asset Management Singapore secures renminbi licence

The China Securities Regulatory Commission has granted the Renminbi Qualified Foreign Institutional Investor (RQFII) licence to JPMorgan Asset Management Singapore.

Bordier names new commercial director

Specialist asset manager Bordier (UK) has named David Muncaster as its new director of commercial activities.

Stanhope Capital bolsters charity team

London-based Stanhope Capital has appointed Charles Mesquita as new senior director for its charity team.

BNY Mellon names new global head of client service delivery

BNY Mellon, an investment management and investment services firm, has named Douglas Shulman as the new senior executive vice president and global head of client service delivery (CSD).

United Capital snaps up Rayner & Haynor Investment

United Capital Financial Advisers has acquired Rayner & Haynor Investment Counselors, a three-person firm in northern California with $185m assets under management.

BNY Mellon Wealth Management hires new wealth director for Europe

BNY Mellon Wealth Management has hired ex-Barclays non-dom specialist Yolande Escher as new wealth director for Europe.

Emerald Asset Management to acquire assets of Elessar Investment

Emerald Asset Management, a US-based investment management firm with about $3bn in assets under management, has entered into an agreement to acquire the assets and combine the management team of Elessar Investment Management.

Oddo & Cie completes acquisition of Close Brothers Seydler Bank

French financial services firm Oddo & Cie has completed the acquisition of Close Brothers Seydler Bank after receiving approval from the German financial supervisory authority BaFin.

Standard Chartered shuts down cash equities business

Standard Chartered has decided shut down its unprofitable institutional cash equities, equity research and equity capital markets business to cut costs and boost profits.