All articles by Verdict Staff

Verdict Staff

Maybank Singapore to open private banking branch in Orchard Road

Maybank Singapore is reportedly planning to open a new branch at Orchard Road in order to to serve its private bank clients.

BNY Mellon names new country executive for Japan

BNY Mellon has hired Douglas Hymas as new country executive for Japan and general manager of the company’s Tokyo branch.

Australian Ethical unveils new ethical fixed interest fund

Australian Ethical has rolled out a new fund that invests in ethical fixed interest assets.

RBC Wealth Management lures advisor from Janney Montgomery Scott

RBC Wealth Management has lured a financial advisor Roger Rath from wealth management group Janney Montgomery Scott, where he managed $245 million in assets.

Former Temasek’s MD to launch new Asia hedge fund

Former Temasek Holdings managing director, Mathew Welch, is reportedly planning to launch a new hedge fund that focuses on small and midcap firms in Asia’s developing markets.

Ashcourt Rowan agrees to sell SIPP and SSAS businesses to Mattioli Woods

Ashcourt Rowan, a UK-based wealth manager, has agreed to divest its SIPP and SSAS business to City Trustees, a subsidiary of Mattioli Woods for a total cash consideration of up to £0.355 million.

Stronger global economic growth expected despite risks: says BNY Mellon’s chief economist

Despite geopolitical turmoil and global economic uncertainties, both the global and U.S. economy appear to be at an inflection point in mid-2014 to a somewhat stronger growth rate despite risks, according to BNY Mellon chief economist Richard Hoey in his most recent Economic Update.

Mitsubishi UFJ to add more staff from its partner Morgan Stanley in Japan

Japan-based Mitsubishi UFJ Financial Group is reportedly planning to add more investment bankers on secondment from its partner Morgan Stanley.

Allianz Global Investors unveils new US small cap equity fund

Allianz Global Investors has unveiled a new US small cap equity fund for investors in the UK and Europe.

SEC charges former CEO of ConvergEx in trading-fee scheme

The Securities and Exchange Commission (SEC) has charged the former CEO of a broker-dealer subsidiary of ConvergEx Group for deceiving brokerage customers with hidden fees to buy and sell securities.