All articles by Verdict Staff
Verdict Staff
JPMorgan Chase names new China head
JPMorgan Chase has named David Li as its new China head, replacing Shao Zili, who has stepped down to become vice chairman for the Asian-Pacific region, effective October 2014.
BNY Mellon names new head of distribution for private bank and RIAs
BNY Mellon Investment Management has hired Joseph Moran as new head of distribution for private bank and registered investment advisors (RIA).
Deutsche Oppenheim Family Office names new CEO and COO
Germany’s Deutsche Oppenheim Family Office has named Thomas Rüschen as its new CEO replacing Klaus Kuder, effective 1 September 2014.
Traditional banks may not exist by 2025: PwC
A new report from PwC suggests that, by as soon as 2025 – 2030, a market economy could readily exist without banks of the traditional kind.
Former Julius Baer banker indicted for giving confidential data to WikiLeaks
Former Julius Baer Group banker Rudolf Elmer has been charged with breaking Swiss bank secrecy laws for allegedly giving confidential data to WikiLeaks and German authorities.
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SEI launches new program to help advisors meet succession planning needs
In an effort to help advisors add long-term value to their firms and leverage succession planning as a growth opportunity, SEI has launched a new Business Pathfinder Program in collaboration with consulting firm FP Transitions and The Bancorp.
BAAM and Legg Mason select State Street for liquid alternatives fund servicing
Blackstone Alternative Asset Management (BAAM) and Legg Mason have selected State Street Corporation to service liquid alternative funds.
Australia becomes more attractive for expats & global companies: Mercer
Sydney, currently ranked Australia’s most expensive city for expatriates, has dropped a huge seventeen places from nine to twenty-six in Mercer’s 2014 Cost of Living Survey.
UK launches review of competition in wholesale financial markets
The UK’s Financial Conduct Authority (FCA) has launched a review of competition in the wholesale sector.
Soros Hedge Fund sued by former portfolio manager
A former portfolio manager at Soros Fund Management, founded by billionaire George Soros, has filed a lawsuit against the hedge fund firm for at least $19.5 million.