All articles by Verdict Staff
Verdict Staff
INTL FCStone receives approval to consolidate two UK subsidiaries
INTL FCStone has received regulatory approval from the UK Financial Conduct Authority to consolidate the businesses of its two UK subsidiaries, INTL FCStone and INTL Global Currencies.
SunGard launches new WealthStation tool for 401(k) advisors
SunGard has launched WealthStation PlanAdvisor to support investment advisors and other plan fiduciaries serving qualified retirement plans.
Bessemer Trust hires new head of Miami office
Bessemer Trust has appointed Alfonso Baigorri as new managing director and regional director to its Miami office.
UK to offlaod stake worth £4.2 billion in Lloyds Banking Group
UK Financial Investments Limited (UKFI), the body responsible for the government’s stakes in banks, intends to sell an additional 7.5% stake worth nearly £4.2 billion (US$6.9 billion) in Lloyds Banking Group to institutional investors.
Punter Southall acquires minority stake in Argentis Financial
British firm Punter Southall Group has acquired a minority stake in wealth firm Argentis Financial Group to form a strategic partnership.
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JP Morgan names new head for Australian institutional business
JP Morgan Asset Management has appointed Stephen Alcorn as new head of its institutional business in Australia.
China CITIC Bank International launches market’s first Cross-border Banking Demand Index
China CITIC Bank International has launched the quarterly CNCBI Cross-border Banking Demand Index – Hong Kong’s first quarterly leading index that unveils the changes in Hong Kong’s banking service demand from companies and individuals from mainland China.
UBS urges diversification to avoid over exposure to Canadian market
Real estate around the world is in an upswing, presenting a golden opportunity for Canadian investors to diversify away the risk of being overly exposed to their home market, said Richard Johnson, managing director of UBS Global Asset Management.
Barclays Business appoints new head of real estate in UK
Barclays has appointed Judith Gage as head of real estate for Barclays Business in the UK.
Fiera Capital unveils new infrastructure fund
Fiera Capital, a Canada-based investment management firm, has unveiled Fiera Private Infrastructure Fund to provide investors access to investments in core infrastructure assets.