All articles by Verdict Staff
Verdict Staff
LGT to take over ABN Amros Asia and Middle East private banking businesses
LGT, the private banking and asset management group owned by Princely Family of Liechtenstein, has agreed to acquire ABN Amros private banking operations in Asia and the Middle East for an undisclosed amount.
Industrial Alliance to snap up advising firm HollisWealth from Scotiabank
Canada-based Industrial Alliance Insurance and Financial Services has agreed to acquire financial network HollisWealth from Scotiabank for an undisclosed amount.
Credit Suisse Securities (USA) fined by FINRA for AML failures
Credit Suisse Securities (USA) has been fined $16.5m by the Financial Industry Regulatory Authority (FINRA) for anti-money laundering (AML), supervision and other deficiencies.
Piper Jaffray, CIBC ink equity research distribution agreement
Piper Jaffray, a US-based investment bank and asset management firm, has signed an equity research distribution agreement with Canadian Imperial Bank of Commerces (CIBC) capital markets division.
UniCredit begins exclusive talks with Amundi for Pioneer sale
UniCredit has started exclusive talks with French asset manager Amundi for the sale of its asset management unit Pioneer Investments.
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Fairstone completes acquisition of My Wealth Management
Fairstone Group, a UK-based chartered financial planning firm, has concluded the acquisition of Leicestershire-based advice firm My Wealth Management.
China leapfrogs UK and US to become global fintech leader
China has outpaced leading global fintech centres such as London, New York and Silicon Valley to become the global fintech leader, driven by the countrys unmet consumer financial needs and regulatory facilitation, according to a collaborative report by DBS and EY.
HUB24 gives Australian investors direct access to international equities
Investment and superannuation platform provider HUB24 has introduced a new service that will allow Australian investors and advisers on its platform to directly buy international equities.
Netwealth inks private label partnership with Stanford Brown
Australian non-institutional platform provider Netwealth has partnered with Sydney-based wealth management firm Stanford Brown for a private label managed accounts service.
Hong Kong’s SFC inks agreement with Swiss regulator
Hong Kong’s Securities and Futures Commission (SFC) has signed an agreement with the Swiss Financial Market Supervisory Authority (FINMA) on Switzerland-Hong Kong Mutual Recognition of Funds and Asset Managers.