All articles by Verdict Staff

Verdict Staff

Riskalyze launches big data platform for wealth management firms

Riskalyze, a US-based technology solutions developer, has unveiled a new big data platform called Compliance Cloud for wealth management institutions.

Saxo Capital Markets names new non-executive director

Saxo Capital Markets, the UK-based subsidiary of Saxo Bank, has named Anthony Belchambers as new non-executive director.

Seychelles signs tax information sharing agreement with G5 countries

Seychelles has committed to join the initiative launched by the G5 nations for the automatic exchange of tax information.

China may slash stakes in state-owned bank in future

Chinese government is looking to slash its holdings in the country’s biggest banks over time as it seeks to introduce more private capital into state-owned enterprises, according to Huijin vice chairman.

Killik’s CIO to leave along with two directors to set up new firm

Wealth manager and stockbroker, Killik & Co’s CIO Paul Kavanagh is set to leave the firm by the end of this year together with two other directors, Kareem Khouri and John Prior, to launch a new firm.

Credit Suisse loses bid to dismiss lawsuit by former private wealth client in Singapore

Singapore high court assistant registrar Paul Chan has rejected Credit Suisse request to dismiss a lawsuit by one of its former private wealth client accusing the bank’s Singapore unit of failing to explain the risks of a complex investment product.

Lazard Asset Management launches two open-end mutual funds

Lazard Asset Management has announced the launch of two open-end equity funds, expanding its international and global fund offerings. Both funds seek capital appreciation through distinct investment approaches.

JPMorgan names new managing director for Geneva

JPMorgan Asset Management has named Francois Pirrello as new senior client adviser and managing director for Geneva.

Morningstar reports hedge fund performance for July and asset flows for June 2014

Morningstar, a provider of independent investment research, has reported preliminary hedge fund performance for July 2014 as well as estimated asset flows for June 2014.

Manulife Financial to buy Standard Life’s Canadian unit for C$4 billion

Manulife Financial has agreed to acquire the Canadian operations of Britain’s Standard Life for about C$4-billion in cash.