All articles by Verdict Staff
Verdict Staff
Equity Trustees outsources custody business to State Street
A week after The Trust Company refused its buyout offer, Equity Trustees (EQT) has outsourced its custody and administration to State Street, according to the Financial Standard.
PRA deputy head quits to join consultancy
Paul Sharma, deputy head of the Prudential Regulation Authority (PRA) and executive director of policy at Bank of England, has decided to leave the firm after 20 years as regulator.
UBS hires ex- Morgan Stanley executive as global head of research
Swiss banking major UBS has appointed Juan Luis Perez as global head of research and Barry Hurewitz as global COO of research.
RBC Wealth management poaches US$200 million advisor team from JP Morgan
RBC Wealth Management has poached two advisors Richard DiChiaro and Bob Bourgault, with more than US$192 million in assets from JP Morgan Securities in Providence, Rhode Island, according to Investment News.
Source partners with Man Group to launch active ETFs
Source, a London-based provider of exchange-traded products, has partnered with GLG Partners, a subsidiary of Man Group, to launch two new active strategy ETFs on the London Stock Exchange.
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BGC Partners receives swap execution facility approval from the CFTC
BGC Derivative Markets, a subsidiary of BGC Partners, has received temporary registration approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate a Swap Execution Facility (SEF).
DeAWM appoints new head of smart beta
Deutsche Asset & Wealth Management (DeAWM) has appointed Martin Weithofer as managing director and head of smart beta within the Passive Asset Management division.
Fixnetix expands trading, market data and risk control globally
Fixnetix, a global managed services provider for ultra-low latency market data, trading and risk control, has announced a continued path of growth spanning three continents, North America, Europe and Asia.
Comparison shop can make big difference for retail bond investors: Fidelity
Bond investors could pay as much as US$2,000 in transaction fees for their purchase of bonds worth US$100,000, or they could pay as little as US$100 for that same purchases depending on where they choose to do business, according to Fidelity.
Brookfield Asset Management looking for cheap assets in Europe
Canada-based Brookfield Asset Management is seeking discounted assets in Europe given the increasing volume of sales happening in the region and also sees opportunities in Latin America and in the hard-hit commodity sector, according to Brian Lawson, CFO of the firm.