All articles by Verdict Staff
Verdict Staff
Performance link questioned in bank CEO pay debate
A ranking of CEO pay at the top European banks compiled by SNL Financial shows little support for the idea that executive compensation and shareholder returns bear a strong correlation.
UK advisers hourly fees drop by 14% in 2014
The median hourly fee rates charged by advisers have dropped to £150 per hour this year, down 14% compared to £175 per hour in the previous year, according to a survey by adviser search website Unbiased.co.uk.
MUFG Union Bank names new head of private banking
New York based MUFG Union Bank has appointed Mike Feldman as its new head of branch and private banking.
Italian lender Monte dei Paschi up for sale-report
Italy’s Monte dei Paschi di Siena is reportedly up for sale, after the European Central Bank’s (ECB) recent asset quality review disclosed a 2.1bn funding gap in its accounts.
NAB buys 40% stake in British fund manager Intermede Investment
NAB Asset Management (NAB AM), the asset management wing of National Australia Bank (NAB), has bought nearly 40% stakes in the newly-established London-based fund manager Intermede Investment Partners.
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US institutions increasing investments in real assets, says Greenwich
US institutions are increasing their investments in real assets like real estate, infrastructure, farmland, timber, and precious metals, according to a new study from Greenwich Associates and Cohen & Steers.
Pershing launches low-cost SIPP for wealth managers and financial advisers
Pershing has come up with a new Self Invested Personal Pension (SIPP) product targeted at wealth management and financial adviser clients.
Deutsche Asset & Wealth Management expands private banking team in New York
Deutsche Asset & Wealth Management has hired three private bankers from rivals Citigroup and Credit Suisse for its New York office.
Malaysias Exim Bank to tap global sukuk market
Malaysias Exim Bank is set to tap the global sukuk market as Shariah-compliant assets expand to reach 40% of the banks total next year.
Thomson Reuters adds new capabilities to its wealth management solutions
Thomson Reuters has signed an agreement with Mediant Communications to provide shareholder communications for its wealth management solutions.