All articles by Verdict Staff

Verdict Staff

Kleinwort Benson rolls out new DFM service for IFAs

British private banking firm Kleinwort Benson has rolled out a new bespoke discretionary fund management (DFM) service for independent financial advisers (IFAs).

Executive director of Dawnrays Pharmaceutical cashes in $6m of shares

Tung Ming Li, executive director of Dawnrays Pharmaceutical (Holdings) Ltd., a Hong-Kong based manufacturer and seller of non-patented pharmaceutical medicines, has sold 7,848,000 shares, representing 0.9731% stake in the company.

CNB Bank launches new private banking division

CNB Bank has launched a new private banking division and named James Davidson as new assistant vice president of private banking.

CIBC restructures executive leadership team

CIBC president and CEO Victor Dodig has announced a new executive leadership structure and the bank’s executive leadership team.

Deutsche Bank strategist to launch own independent research firm

Deutsche Bank strategist John-Paul Smith is leaving the bank to start an independent research firm, Bloomberg News has reported.

SEI report shows regional growth driving headcount and salaries higher

Regional growth is driving headcount and higher salaries, which has put pressure on CFOs and HR heads, reveals a study report issued by SEI.

Could 1 in 7 of Scotland’s richest move south of the border?

The total personal wealth that could flee Scotland in the event of independence has been revealed by Spear’s magazine, in association with wealth consultancy company WealthInsight.

Actua agrees to acquire FolioDynamix for $199 million

Actua Corporation (ACTA) has agreed to acquire FolioDynamix, a cloud-based investment and wealth management platform in the US, for $199 million in cash.

LGIM rolls out new multi-asset retirement fund

Legal & General Investment Management (LGIM) has unveiled a new multi-asset fund that focuses clients to and through retirement.

CertusBank to sell its mortgage and wealth management units to AmeriSave

US-based CertusBank has agreed to sell its mortgage and wealth-management businesses to AmeriSave Mortgage Corp.