All articles by Verdict Staff
Verdict Staff
Institutional investors want high quality not high returns from hedge funds: Preqin
Majority of hedge fund investors are not looking for double digit returns from their hedge fund investments, according to a research from Preqin.
Stifel Financial poaches three financial advisors from Raymond James
Stifel Financial has hired three financial advisors from Raymond James for its broker-dealer subsidiary, Stifel, Nicolaus & Company.
Gottex Fund Management eyes acquisitions in US and China report
Gottex Fund Management, a Switzerland-based hedge fund group, is looking for acquisitions in the US and China.
Indians’ money in Swiss banks jumped 40% in 2013
Indian citizens deposited nearly CHF2.3 billion (US$2.57 billion) in Swiss banks last year despite a global clampdown against the country’s banking secrecy laws.
Deutsche Bank names new global head of regulatory affairs
Deutsche Bank has named Sylvie Matherat as new global head of government & regulatory affairs, effective 1 August 2014.
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Santander divests 50% stake iin custody unit for £328 million
Banco Santander has agreed to sell half its custody business in Spain, Mexico and Brazil to FINESP Holdings, an affiliate of Warburg Pincus for £328 million.
Citigroup hires new Asia-Pacific head of corporate and investment banking
Citigroup has hired Mark Slaughter as new Asia-Pacific head of corporate and investment banking (CIB) replacing Farhan Faruqui, who departed for ANZ last month.
Montage Portfolio Management unveils DFM service
Montage Portfolio Management, an Essex-based wealth management company, has launched a discretionary fund management (DFM) service.
Majority of compliance professionals concerned about compliance culture: NICE Actimize
NICE Actimize anti-money laundering poll has found that only 48% of compliance professionals believe that the financial institutions they work for have a strong culture of compliance, with 29% expecting change in their firms approach to AML compliance this year.
Towers Watson hires new global CIO
Towers Watson has named Craig Baker as new global chief investment officer (CIO).