All articles by Verdict Staff
Verdict Staff
Israel arrests 28 people in tax evasion probe – report
Israel Tax Authority has arrested a total of 28 people so far as part of a probe related to tax evasion by Israelis who allegedly hold undisclosed bank accounts with Swiss bank UBS.
DeAWM names new head of wealth management business in Austria
Deutsche Asset & Wealth Management (DeAWM) has named Christian Ohswald as new head for its Austrian wealth management business, replacing Bernhard Ramsauer, who will step down from the firm in March 2015.
Saxo Banks Swiss arm gets new CEO
Saxo Bank (Schweiz), the Swiss arm of Saxo Bank, has named Antonio Ferrante as its new CEO, effective 5 January 2015.
Saracen Fund Managers names new chairman
Saracen Fund Managers, an Edinburgh-based investment firm, has appointed Jamie Matheson as its new chairman, replacing Jim Fisher.
Omni Alliance unveils new cloud-based platform for financial advisors
Omni Alliance has introduced a new cloud-based software-as-a service (SaaS) platform designed to assist independent advisors and RIAs grow and scale their businesses.
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Morgan Stanley opens new institute of family wealth management
Morgan Stanley Wealth Management has launched Institute of Family Wealth Management (IFWM) that aims to focus on family wealth.
A divergent world creates opportunities in 2015, says State Street
State Street Global Advisors (SSGA) has announced that its global market outlook for 2015 anticipates that diverging global monetary policy will have an impact on every asset class, but poses interesting and diverse opportunities for proactive investors.
Equity funds takes up the lion’s share of fund sales in 2014, says HKIFA
In the first nine months of 2014, the fund industry registered gross and net sales of US$63.2 billion and US$11.5 billion respectively, according to the Hong Kong Investment Funds Association (HKIFA).
Man Group to buy Merrill Lynchs fund of hedge fund portfolio
Man Group, a UK-based hedge fund manager, has signed an agreement to buy fund of hedge fund portfolio from Merrill Lynch Alternative Investments.
National Bank of Kuwait launches credit card for affluent customers
National Bank of Kuwait (NBK) has targeted its affluent customers with the launch of the NBK World Elite MasterCard credit card.