All articles by Verdict Staff
Verdict Staff
Banque Havilland acquires 100% stake in Pasche Bank & Trust
Luxembourg-based private bank Banque Havilland has acquired a 100% stake in Pasche Bank & Trust in Bahamas from Banque Pasche Geneva.
Goldman Sachs fires currency trader over rate rigging probe
Goldman Sachs Group has dismissed currency trader Frank Cahill over his alleged involvement in the foreign exchange market rigging during his time at HSBC.
Hudson Valley Bank to sell A.R. Schmeidler & Co to Pine Street Asset Management
Hudson Valley Bank (HVB), a wholly-owned subsidiary of Hudson Valley Holding, has agreed to sell A.R. Schmeidler & Co, (ARS), its wholly-owned registered investment advisor and broker dealer firm to Pine Street Asset Management, through their subsidiary Artemis US IV LLC.
James Hay Partnership reports 60% rise in net inflows year-on-year
James Hay Partnership, a UK-based platform for retirement wealth planning, has reported a 60% year-on-year increase in net inflows in the third quarter.
Fidelity appoints new vice president for private banking division
Fidelity Bank has appointed Whitney Cornejo as vice president for its private banking division.
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Investecs wealth & investment unit sees 23% rise in operating profit
Investec wealth & investment units has posted an operating profit of £38m for the six months ended 30 September 2014, up 23.3% rise compared to £30.8m a year earlier driven by higher average funds under management, net inflows of £1.5bn and improved operating margins.
WisdomTree unveils two new emerging markets ETFs
Exchange traded fund provider WisdomTree has unveiled two new emerging markets UCITS ETFs listed on the London Stock Exchange.
ICG appoints team from NewGlobe Capital to launch secondaries platform
Intermediate Capital Group (ICG), London-based asset manager, has appointed the management team of secondaries investment firm NewGlobe Capital Partners to launch a new private equity secondaries platform.
Lazard Asset Management expands global multi asset team
Lazard Asset Management (LAM) has expanded its global multi asset team by appointing Rupert Hope as new director and portfolio manager.
Former-Schroders CIO resigns from IMA board
Schroders’ former CIO Alan Brown has resigned from the board of the Investment Management Association (IMA).