All articles by Verdict Staff

Verdict Staff

SBA urges government to strike EU deals to increase market access: report

The Swiss Bankers Association (SBA) has reportedly urged the government to ink deals with European governments to increase market access for asset and wealth managers to clients and to wipe out untaxed money in the country.

Green Square Capital opens new office in Louisville

Green Square Capital, a Memphis-based wealth management firm, has expanded its presence in the US by opening a new office in Louisville.

Allianz Global Investors launches emerging markets debt fund

Allianz Global Investors has rolled out the AllianzGI Emerging Markets Debt Fund, available to retail and institutional investors through class A, C, P and Institutional shares.

Many investors are looking for alternative investment products: Spectrem

Investable assets represent a sixty-four percent of the total assets of most $25 million plus households, according to the Spectrem Group report.

Deutsche Bank (Switzerland) selects Avaloq’s banking platform

Deutsche Bank (Switzerland) has migrated its core banking platform at the wealth management operations back office to the B-Source Master, Avaloq’s Swiss Business Process Outsourcing (BPO) platform.

Julius Baer declines reports on merger talks with Credit Suisse

Julius Baer Group’s CEO Boris Collardi said the bank has not held negotiations about a possible merger with Credit Suisse (CSGN) Group.

SEC charges former hedge fund manager for taking excess management fees

The US Securities and Exchange Commission (SEC) has charged a former hedge fund manager accused of fraudulently taking excess management fees from the accounts of fund clients and using their money to remodel his multi-million dollar home and buy a Porsche.

CAPTRUST Financial Advisors opens new office in Columbia

CAPTRUST Financial Advisors, a US-based financial investment advisory firm, has opened a new office in Columbia, Missouri.

Beaumont Capital Management launches new tactical strategies on AssetMark

Beaumont Capital Management (BCM), provider of quantitative, ETF-based investment portfolios, has launched a pair of new strategies on the AssetMark platform.

Allianz chooses Thomson Reuters for fixed income pricing

Global financial services firm Allianz has selected Thomson Reuters’ pricing service for fixed income pricing requirements.