All articles by Verdict Staff
Verdict Staff
US Fed approves regulation requiring big banks to publicly divulge liquid assets
The Federal Reserve Board has finalized a rule requiring large banking institutions to publicly disclose certain quantitative liquidity risk metrics.
EQT to acquire estates business of Bendigo and Adelaide Bank
Equity Trustees (EQT) has agreed to acquire Bendigo and Adelaide Banks estates and trusts business, managed by the banks subsidiary of Sandhurst Trustees, for $5m.
Virtus Investment Partners to snap up RidgeWorth Investments
Virtus Investment Partners has agreed to acquire RidgeWorth Investments, an Atlanta-based multi-boutique asset management firm, for about $513m.
SS&C Technologies to buy asset servicing firm Conifer
SS&C Technologies, a provider of financial services software and software-enabled services, has agreed to acquire asset servicing company Conifer Financial Services for $88.5m.
Lazard names managing director for financial advisory
Asset management firm Lazard has appointed Will Lawes as a managing director in Financial Advisory.
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Robeco rolls out new multi-asset fund
Dutch asset manager Robeco has expanded its conservative product range by launching a new multi-asset fund that will adopt a low volatility strategy.
FundBPO launches Malta office
FundBPO, a specialist third party administrator for the financial services industry and part of the MainstreamBPO, has set up a new office on the island of Malta.
Bridges Financial to snap up Heritage Banks planning business
Australian advisory firm Bridges Financial Services has agreed to acquire the financial planning business of Heritage Bank for an undisclosed amount.
Hong Kong watchdog unveils new rules to strengthen management accountability
Hong Kong’s securities regulator has announced new measures to increase accountability of the senior management of licensed corporations.
US Fed adopts rule to prevent government bailouts of large banks
The US Federal Reserve has issued a rule that requires the nations banks to hold sufficient debt reserves to resolve in an orderly way without any taxpayer-funded bailout during a potential collapse.