All articles by Verdict Staff

Verdict Staff

T. Rowe Price teams up with BT and Mosaic to launch fixed income products

T. Rowe Price has teamed up with Mosaic Portfolio Advisers and BT Financial Group separately to develop two global fixed income products.

Geller& Company appoints new director

Geller& Company, a US-based financial advisory and wealth management firm, has appointed Christopher Schumacher as a new director and client relationship manager.

Julius Baer raises additional hybrid tier 1 capital

Julius Baer Group has successfully placed CHF 350 million of subordinated, unsecured debt with private and institutional investors.

Former SAC Capital executive to launch own hedge fund in Hong Kong

Fund Manager Ken Xu, previously associated with SAC Capital Advisors, is planning to launch his own hedge fund in Hong Kong.

ING Investment Management to wind up operation in Hungary

ING Investment Management is reportedly set to exit Hungarian fund management market on the back of unfavorable legal conditions in the country.

Alter Domus buys O’ Donovan Stewart Corporate Services (ODS) in Ireland

Alter Domus, a global provider of fund and corporate services, has acquired O’ Donovan Stewart Corporate Services (ODS) in Ireland for an undisclosed sum.

EU accuses Crédit Agricole, HSBC and JPMorgan of fixing euro-rates

The European Commission (EU) has accused Crédit Agricole, HSBC and JPMorgan of breaching antitrust rules by taking part in a cartel to alter Euribor, a euro benchmark borrowing rate.

McGladrey Wealth Management implements Advent’s Black Diamond platform

McGladrey Wealth Management has implemented Advent’s Black Diamond portfolio management, reporting, and rebalancing platform to support its global wealth management teams and to enhance client experience.

Woodbridge International opens new office in Frankfurt

Woodbridge International, a global mergers and acquisitions firm, has opened a new office in Frankfurt, Germany.

Liechtenstein signs FATCA agreement with US

Liechtenstein has signed an intergovernmental agreement (IGA) with the United States as part of its efforts to improve international tax compliance and to implement Foreign Account Tax Compliance Act (FATCA).