All articles by Verdict Staff

Verdict Staff

TIAA-CREF to buy Nuveen Investments for US$6.25 billion

North American fund TIAA-CREF has agreed to purchase Nuveen Investments, an investment management company with approximately US$221 billion in assets under management.

BNY Mellon appointed as AIFMD depositary by PGGM Vermogensbeheer B.V.

BNY Mellon has been appointed by PGGM Vermogensbeheer B.V., the investment management arm of Dutch pension fund administrator PGGM, to provide depositary services under the Alternative Investment Fund Managers Directive (AIFMD) for assets valued at €14 billion.

ANZ Bank bolsters ties with China Development Bank

Australia and New Zealand Banking Group (ANZ) is planning to expand its existing relationship with the China Development Bank (CDB) to facilitate foreign direct investment in Australia by Chinese enterprises.

EU Council adopts strengthened rules on market abuse

The Council adopted strengthened EU rules aimed at clamping down on insider dealing and market manipulation on securities markets.

Berkeley Law acquires new high-end residential conveyance practice

Berkeley Law, the London based boutique law firm specialising in wealth advice for HNWIs, has bolstered its offer with the acquisition of the new residential property and conveyance firm Kensington Law. It has been renamed to Berkeley Harrell.

BTIG announces strategic investment by CLSA

BTIG, a global financial services firm specializing in institutional trading and related brokerage services, said that it has received a strategic investment from CLSA.

La Française Bank to transfer Luxembourg private banking business to Banque Havilland

La Française Bank has signed a strategic partnership to transfer its Luxembourg private banking business, including existing accounts and assets under management, to Banque Havilland.

Mediterranean Bank to buy 100% stake in Volksbank Malta

Mediterranean Bank has signed an agreement with Volksbank Austria to acquire 100% of the share capital of Volksbank Malta.

FTI Consulting expands its operational transformation practice

FTI Consulting, a global business advisory firm has hired three professionals to its Operational Transformation practice.

AIMA appoints three new council directors

The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has appointed three new directors to its global Council.