All articles by Verdict Staff
Verdict Staff
Cantor Fitzgerald hires new head of US private wealth management sales
Cantor Fitzgerald Wealth Partners has hired Scott Hotham as executive vice president and head of US private wealth management sales.
Generali nears deal to sell its Swiss private banking unit-report
Italian insurer Assicurazioni Generali has, reportedly, reached a deal to sell its Swiss private banking unit BSI to Brazil-based Banco BTG Pactual by the end of this month.
Canadian Securities Regulators adopt amendments to modernize investment fund rules
The Canadian Securities Administrators has published final amendments to National Instrument 81-102 Mutual Funds (NI 81-102) and related consequential amendments, as part of the CSAs modernization of investment fund product regulation project.
Vontobel to repurchase stake from Raiffeisen
Swiss asset manager Vontobel said that it will repurchase a 12.5% stake owned by Raiffeisen amid legal dispute.
Citadel buys 100% stake in The Wealth Corporation
Citadel, a US-based wealth manager, has acquired 100% stake in The Wealth Corporation.
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Swiss central bank urges UBS, Credit Suisse to boost leverage ratios
The Swiss National Bank has asked the country’s banking giant UBS and Credit Suisse to stack up their leverage ratios due to the substantial risks still faced from economic and legal issues.
Man Group acquires Numeric
Man Group has entered into a conditional agreement to acquire Numeric Holdings.
Endiang completes acquisition of ARC
Endiang, an investment holding vehicle, has wrapped up the takeover of ARC Group (ARC), the Channel Islands-based investment research and consulting business.
KPMG names national tax leader for registered funds and investment advisors
KPMG has hired Deanna Flores as national tax industry leader for registered funds and investment advisors.
UBS Belgium chief charged in tax fraud probe
Marcel Bruehwiler, chief executive of UBS Belgium unit, has been detained by local police on suspicion that he and the firm helped wealthy clients evade billions of euros in taxes.