All articles by Verdict Staff

Verdict Staff

SpringOwl seeks bwin.party shareholders support to revive board structure

SpringOwl Asset Management, an activist investor, has called for support from shareholders of bwin.party digital entertainment (BPTY) to revive the company’s board structure.

CFTC expands portal capabilities to make market participant electronic submissions easier, more efficient

Market participants can submit event-specific reports more easily and securely because of new enhancements to the US Commodity Futures Trading Commission (CFTC) Portal.

Milestone Group names managing director and head of North America unit

Milestone Group, a fund processing solutions provider, has appointed Robert Caporale as managing director and head of North America business.

FIS acquires Reliance Financial Corp for $110m

FIS Wealth Management Services, a subsidiary of FIS, has entered into a definitive agreement to acquire Reliance Financial Corporation in a deal worth around $110m.

Markit plans to raise $750m from first US IPO

Markit, a UK-based financial information services company, has filed for its first initial public offering with US Securities and Exchange Commission, intending to raise over $750m.

RHJ International announces revised board structure

RHJ International has announced that Konstantin Graf von Schweinitz will replace D. Ronald Daniel as Chairman, effective from the Company’s AGM on 18 June 2014.

US government, Singapore sign tax information sharing agreement

The US government has struck an intergovernmental agreement (IGA) with Singapore, seeking its support in addressing overseas tax dodging issues by the US citizens.

Bryn Mawr Bank, Continental Bank Holdings to merge

Bryn Mawr Bank Corp, personal and business banking services provider, has agreed to acquire Continental bank Holdings, a community bank headquartered in Plymouth Meeting, Pennsylvania, for an amount of $109m.

Manulife secures $2.5bn in assets in Q1 2014

Manulife Asset Management, an asset management arm of Manulife Financial, has secured institutional mandates accounting to more than $2.5bn in assets during the first quarter of 2014.

KFH concludes training course for wealth management staff

Kuwait Finance House ( KFH ) and Fitch Learning concluded a three-month paradigm training course that included important topics, in order to enrich the banking experience of employees, and boost their productive abilities.