All articles by Verdict Staff
Verdict Staff
Malaysia unveils fintech regulatory sandbox framework
Malaysia has set up a fintech regulatory sandbox framework to support innovations in the countrys financial services sector.
Findex launches family office-style services in Australia
Australian financial advisory firm Findex has introduced an integrated wealth management service, dubbed Family Office, for individuals and businesses of all sizes.
BNY Mellon net income rises 19% in Q3
The Bank of New York Mellon (BNY Mellon) has reported net income applicable to common shareholders of $974m for the third quarter of 2016, up 18.8% from $820m in the prior-year quarter.
Principal Global Investors hires Asia funds distribution head
Principal Global Investors, the asset management unit of US-based Principal Financial Group, has named Suresh Singh as head of funds distribution for Asia.
U.S. Bancorp income rises to $1.5bn in Q3
U.S. Bancorp, the parent of U.S. Bank, has reported net income of $1.5bn for the third quarter of 2016, a marginal rise of 0.9% compared to $1.49bn a year ago.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Former Neuberger Berman executives launch Matrix Wealth Partners
Former Neuberger Berman executives Matthew Rubin and Justin Gaines have introduced a new multi-family office that will provide comprehensive wealth solutions to select individuals and families.
Northern Trust net income rises 10% in Q3
Northern Trust has reported net income of $257.6m for the third quarter of 2016, up 10% compared to $234.6m in the year ago period.
HSBC Private Bank to pull out of Monaco
HSBC Private Bank has decided to wind down its business in Monaco and has agreed to introduce clients in the principality to CFM Indosuez Wealth Management.
Amundi confirms interest in Pioneer acquisition
French asset manager Amundi has confirmed its interest in acquiring Pioneer Investment from Italian banking group UniCredit.
Merrill Lynch fined by FINRA for reporting violations
Merrill Lynch, Pierce, Fenner and Smith has been fined $2.8m by the Financial Industry Regulatory Authority (FINRA) for violations in systemic trade reporting, order audit trail system (OATS) reporting, books and records, and related supervisory failures.