All articles by Verdict Staff

Verdict Staff

ANZ rebrands investment management business

ANZ Bank is changing the name of the investment management business, OnePath, to ANZ Investments from 20 September 2013.

SEC names director of Boston regional office

The US Securities and Exchange Commission (SEC) has named Paul Levenson as director of the Boston regional office, where he will oversee enforcement and examinations in the New England region.

Bestinvest to double financial planning business in UK

London-based Wealth manager Bestinvest has outlined plans to almost double the size of its financial planning team to boost its presence in the advice market across the UK.

Temasek Holdings names new head for China

Temasek Holdings has appointed Wu Yibing as new head for China, with effect from 1 October 2013.

Tradeweb Markets agrees to acquire BondDesk Group

Fixed income trading platform Tradeweb Markets has signed an agreement to acquire BondDesk Group, a US-based provider of retail fixed income wealth management and trading technology.

Proskauer expands private investment funds practice in Asia

American law firm Proskauer Rose has said that Yong Ren has joined the firm’s private investment funds group as a partner, resident in the Beijing office.

One quarter of global investment management firms rely on outdated technology: SimCorp

One in four buy-side firms worldwide run core busi­ness operations on legacy systems, according to a new report published by SimCorp StrategyLab, a private research institution sponsored by SimCorp.

Bank of Ireland to cut jobs in private banking division

Bank of Ireland is to cut staff from its private banking sector, which deals with the finances of wealthy clients.

Former Barclays’s executives to launch Islamic asset management firm in London

A group of former Barclays executives are planning to launch a London-based asset management firm that combines socially responsible and Islamic investment principles, seeking to build crossover appeal among both investor segments, according to Reuters.

Deutsche Bank plans to extend contract of Co-CEO team

Deutsche Bank has extended the employment contract of its co-chief executive officer team by renewing the contract of Jürgen Fitschen and Anshu Jain, Co-CEO’s of Deutsche Bank by two years.