All articles by Verdict Staff
Verdict Staff
Barclays to sell UK trust business to ZEDRA
Barclays Bank has agreed to offload its UK trust operations to ZEDRA, a provider of independent trust, fiduciary, corporate and fund services, for undisclosed sum.
Objectway sets up regional headquarters in South Africa
Objectway, an Italian provider of investment management and digital software solutions for the financial services industry, has set up its new regional headquarters in South Africa.
Deutsche Bank to cut further 1,000 jobs in Germany
German lender Deutsche Bank has reached an agreement with its employee representatives to eliminate an additional 1,000 jobs in its home market.
NGS Super appoints Guideway Financial as financial advice partner
Australian super fund NGS Super has appointed non-aligned advisory firm Guideway Financial Services as its financial advice partner.
MUFG closes acquisition of Guggenheim Partners Rydex Fund Services
MUFG Investor Services has closed the acquisition of Guggenheim Partners 1940-Act mutual fund administration business Rydex Fund Services from Guggenheim Investments.
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Standard Chartered names new CFO for Middle East and Africa
British banking group Standard Chartered has named Mohamed Abdel Bary as its new CFO for Middle East and Africa (MEA).
Maples Fiduciary sets up London office
Maples Fiduciary, a unit of MaplesFS and a provider of specialised fiduciary and corporate administration services, has launched an office in London.
GAM wraps up Cantab Capital Partners acqusiition
Swiss asset manager GAM has closed the acquisition of Cantab Capital Partners, a British multi-strategy systematic manager that oversaw $4.1bn in assets for institutional clients worldwide as at 1 October 2016.
Credit Suisse to pay $90m fine to SEC for misrepresenting key performance metric
Credit Suisse has agreed to pay a $90m penalty to the Securities and Exchange Commission (SEC) to settle claims that it misrepresented how it determined a key performance metric of its wealth management business.
Singapore asset management industry grow 9% in 2015: MAS report
Asset managers in Singapore grew their assets under management (AUM) by 9% in 2015 to S$2.6 trillion, according to data released by the Monetary Authority of Singapore (MAS).