All articles by Verdict Staff

Verdict Staff

First Foundation adds new private bankers to San Diego team

First Foundation has hired two private bankers in its San Diego office, bolstering its team of experienced financial professionals.

JP Morgan unveils new open-ended equity growth scheme in India

JP Morgan Asset Management India has unveiled a new open-ended equity growth scheme, which is an open-ended equity growth scheme to invest in select blue chip and large cap equity stocks across sectors.

StanChart eyes growth in South Korea despite loss

The new head of Standard Chartered Korea has pledged to continue pursue growth in the country in a bid to reverse the bank’s weakening profitability.

CIBC wealth arm registers 29% growth in Q2 net income

The wealth management unit of Canadian Imperial Bank of Commerce (CIBC) has reported a net income of C$117 million for the second quarter, up C$26 million or 29% from the second quarter a year ago.

ANZ opens new branch in West China

Australian bank ANZ has expanded its presence in West China by opening a new branch in Chengdu, the capital city of Sichuan Province.

JPMorgan Chase & Co commits US$30 million to establish the Financial Solutions Lab

JPMorgan Chase & Co and the Center for Financial Services Innovation (CFSI) have collaborated on the Financial Solutions Lab, a new $30 million, five-year initiative that brings together social entrepreneurs and leading experts in technology, behavioral economics and design to improve financial capability.

Guernsey to implement tax evasion rule from August 2014

Guernsey will implement the rules designed to limit tax evasion between the OECD countries from 1 August.

Perella Weinberg Partners appoints new CEO

Perella Weinberg Partners, a global independent advisory and asset management firm, has appointed Robert K. Steel as new chief executive officer, effective 7 July 2014.

AllianzGI hires new director for UK institutional business development

Allianz Global Investors (AllianzGI) has hired Mark Guirey as new director for institutional business development in the UK.

Measuring tracking efficiency in Chinese equity ETFs: Morningstar Asia

Morningstar Asia has published a new research report called On the Right Track: Measuring Tracking Efficiency in Chinese Equity ETFs that examines the factors that influence the tracking efficiency of Chinese equity exchange-traded funds (ETFs).