All articles by Verdict Staff

Verdict Staff

Amundi bolsters multi-assets team

French asset manager Amundi has named Raphael Sobotka as the head of multi-assets for retail clients and Laurent Tignard as the head of multi-assets for institutional clients.

MAS, FS-ISAC to launch cybersecurity centre for APAC financial institutions

The Monetary Authority of Singapore (MAS) has joined forces with the Financial Services Information Sharing and Analysis Center (FS-ISAC) to launch a new centre to encourage sharing and analysis of cybersecurity information within the financial services sector in Asia Pacific.

RobecoSAM names new CEO

Swiss sustainable investment specialist RobecoSAM has appointed Aris Prepoudis as its new CEO, replacing Reto Schwager who headed the company on an interim basis since August 2016.

BNY Mellon unveils high yield fund for European investors

BNY Mellon Investment Management has rolled out a high yield bond fund for European investors.

Safra National Bank of New York to buy Bank Hapoalim’s Miami private banking business

Safra National Bank of New York has agreed to acquire Israeli lender Bank Hapoalim’s private banking operations in Miami for an undisclosed sum.

National Bank of Canada net income slumps 12% in Q4

The National Bank of Canada has posted a net income of C$307m for the fourth quarter of fiscal 2016, a 12% decrease compared to C$347m in the corresponding quarter of 2015.

AllianzGI to buy US private credit firm Sound Harbor Partners

Allianz Global Investors (AllianzGI) has agreed to acquire US private credit manager Sound Harbor Partners for an undisclosed sum.

Family Office Exchange sets up Private Investor Center

Family Office Exchange (FOX), a peer-to-peer network for ultra-wealthy families, has unveiled the FOX Private Investor Center.

MAS fines Standard Chartered and Coutts for 1MDB-linked AML breaches

The Monetary Authority of Singapore (MAS) has fined the Singapore branches of Standard Chartered Bank (SCB) and Coutts for violation of anti-money laundering (AML) requirements linked to scandal-ridden Malaysian state fund 1Malaysia Development Berhad (1MDB).

Nomura to launch accelerator program in Japan

Japanese brokerage firm Nomura has collaborated with Nomura Research Institute, and Nomura Real Estate Holdings to unveil an accelerator program in Japan.