All articles by Verdict Staff
Verdict Staff
UBS France to take over Banque Leonardo France
UBS France has agreed to acquire Banque Leonardo France, the French arm of Italy’s Banca Leonardo, for an undisclosed sum.
Deutsche Bank to pay $7.2bn to settle mortgage-abuse inquiry
Deutsche Bank has reached a $7.2bn settlement in principle with the US Department of Justice (DOJ) over the issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007.
Fairstone bolsters Northern Ireland team
Fairstone Financial Management, a UK-based chartered financial planning firm, has appointed Karen Black, Seainin Campbell, Raymond Hart and Paul McCord as independent financial advisers to its Northern Ireland team.
NMS Capital opens new office in Dubai
NMS Capital Advisors (NMS), an advisory firm focused on investment banking, securities and wealth management, has opened a new representative office in Dubai.
Taipei Fubon Bank invests in UK digital wealth manager Nutmeg
British online wealth manager Nutmeg has raked in an additional £12m in funding from Taipei Fubon Bank, a subsidiary of Taiwans Fubon Financial Holdings.
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Lombard Odier Investment Managers hires new UK third-party distribution head
Lombard Odier Investment Managers has named Jerry Devlin as its new head of UK third-party distribution, replacing Dominick Peasley who is departing from the firm to pursue other opportunities.
Securinvest and Netwealth strike private label partnership
Victoria-based financial planning group Securinvest has teamed up with Australian platform provider Netwealth to deliver private label version of Netwealth’s managed accounts offering to clients.
Bank of China to sell majority stakes in Chiyu Banking to Xiamen International
Bank of China Hong Kong (BOCHK) has agreed to sell its 70.49% of stocks in wholly-owned subsidiary Chiyu Banking to Xiamen International Investment and the Committee of Jimei Schools for HK$7.685bn.
Credit Suisse reaches settlement with DOJ over sale of toxic securities
Credit Suisse has reached an in principle settlement with the US Department of Justice (DOJ) over the sale of legacy residential mortgage-backed securities (RMBS).
Mattioli Woods taps Pershing to ring-fence client investments
British wealth manager Mattioli Woods has signed a five-year agreement with BNY Mellons Pershing to help protect its client investments.