All articles by Verdict Staff
Verdict Staff
Big banks lead charge in 16% AUM gain for APAC
The Asia-Pacific private banking industry has leapt ahead in the past 12 months after total assets under management (AUM) had flatlined in 2011.
BNY Mellon launches automated ‘waterfall’ process for private equity fund administration
BNY Mellon, a provider of investment management and investment services, has launched an enhanced distribution ‘waterfall’ capability as part of its private equity fund services.
HSBC closes accounts of 40 diplomatic missions in UK
British banking giant HSBC has closed the bank accounts of more than 40 diplomatic missions, including Bangladesh High Commission in London, as part of its programme to tighten screening against money laundering and other risks, The Daily Star has reported.
Schroders Benelux hires institutional clients head
Schroders has appointed Pieter Dalderop as head of institutional clients at Netherlands, Belgium and Luxembourg (Benelux).
UBS launches fund for impact investing for SMEs in emerging markets
UBS has set up and closed its first impact investing fund to invest in small and medium-sized enterprises (SMEs) in emerging and frontier markets.
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SEC charges TD Bank for role in ponzi scheme in South Florida
The US Securities and Exchange Commission (SEC) has charged TD Bank and a former executive with violating securities laws in connection with a massive South Florida-based Ponzi scheme conducted by Scott Rothstein, who is now serving a 50-year prison sentence.
Ironbridge Capital set to acquire all shares of Bravura Solutions
Ironbridge Capital Management (Ironbridge) is set to acquire all the shares of Bravura Solutions (Bravura), after Bravura shareholders voted in favor of the proposal.
yAs Investment launches three pillared commodity fund
yAs Investment Management has launched Columna Commodities Fund which relies on a three pillared approach to investing in commodities.
Credit Suisse’s wealth management business to withdraw from 50 countries -report
Swiss banking major Credit Suisse will exit or partially withdraw from wealth management market of nearly 50 countries by the end of the year, Swiss daily Tages Anzeiger has reported.
UBS Wealth Management Americas expands equity compensation business team
UBS Wealth Management Americas has appointed Karen Damaso to support new business development initiatives in the equity compensation services division.