All articles by Verdict Staff
Verdict Staff
TwentyFour Asset Management expands fixed income team
UK-based TwentyFour Asset Management has appointed Pierre Beniguel as new portfolio manager in its fixed income team.
BNY Mellon swings to profit in Q1
BNY Mellon has reported first quarter net income applicable to common shareholders of US$661 million, or US$0.57 per diluted common share, compared to a net loss applicable to common shareholders of US$266 million, or US$0.23 per diluted common share a year ago.
Threadneedle appoints head of marketing and communications, APAC
Threadneedle Investments, a leading international asset manager, has announced the appointment of Grace Chow as Head of Marketing and Communications for Asia Pacific.
ING Bank names new chief operations officer
Netherlands-based ING Bank has appointed Roel Louwhoff as its new chief operations officer (COO) and member of the management board banking effective 1 May 2014.
SIFMA calls for targeted relief on FATCA
SIFMA has submitted a letter to officials at the US Department of Treasury and the Internal Revenue Service (IRS) requesting targeted relief from the July 1, 2014 Foreign Account Tax Compliance Act (FATCA) implementation deadline.
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Family office Pitcairn appoints new director of family wealth strategy
Pitcairn, US-based family office firm, has named Brett Scola as the new director of family wealth strategy.
UniCredit, Intesa sign agreement with KKR for bad loans vehicle-report
Italy-based banks, UniCredit and Intesa Sanpaolo have entered into a preliminary agreement with Kohlberg Kravis Roberts (KKR) and Alvarez & Marsal to pool bad loans into a vehicle that will provide fresh capital for the struggling companies.
Newton Group launches new absolute return fund
Newton Group, a BNY Mellon company, has launched another fund in the targeted absolute return sector for its existing institutional clients.
DBS Bank appoints new chief innovation officer
Singapore-based DBS Bank has appointed Neal Cross as managing director and chief innovation officer of its technology and operations team.
Ashmore signs distribution agreement with Bank Permata
Ashmore Asset Management has signed a partnership agreement with Bank Permata to distribute its mid-cap focussed equity funds in Indonesia.