All articles by Verdict Staff

Verdict Staff

ICBC to establish offshore RMB center in Los Angeles

Industrial and Commercial Bank of China (ICBC) has reportedly inked a deal with Los Angeles city government to establish an offshore yuan hub in California.

Amundi bolsters alternative investments business

Amundi has expanded its alternative investment specialized subsidiary by hiring Michael Hart as deputy chief executive officer and global head of business development for its London office.

TMF Group buys GMG Trust Company

TMF Group, a provider of outsourced business services to clients operating and investing globally, has bought 100% of the share capital of fiduciary services provider GMG Trust Company Proprietary.

First Names Group expands into Global Structured Finance Services

First Names Group has formed a Global Structured Finance Services Unit in the USA and also appointed Orlando Figueroa and Mark Ferraris as managing directors.

WH Ireland opens new office in Milton Keynes

WH Ireland, a UK-based provider of private wealth management services, has opened a new office in Milton Keynes to expand its private wealth management division.

Volatility trading and quantitative macro hedge funds outperform in October, says Newedge

Newedge, a global multi-asset brokerage and clearing, has announced the performance for its suite of hedge fund indices for the month of October.

Globaleye teams up with multi-family office Fortu Family

Globaleye, a Dubai based wealth management firm, has teamed up with Russian multi-family office Fortu Family to manage its retail business.

RBC to shut down wealth-management business in Caribbean

Royal Bank of Canada (RBC) has decided to wind up its international client-wealth-management operations in the Caribbean, as well as some international advisory businesses in Canada and the US.

Barclay hedge fund index slips 0.11% in October

Hedge funds lost 0.11% in October, according to the Barclay Hedge Fund Index compiled by BarclayHedge.

Franklin Templeton launches social security optimizer tool for financial advisors

Franklin Templeton has rolled out a social security optimizer tool for financial advisors, to help US denizens to make informed decisions.