All articles by Verdict Staff
Verdict Staff
IBM to snap up Promontory Financial Group
Technology giant IBM has agreed to acquire Promontory Financial Group, a Washington-based risk management and regulatory compliance consulting firm, for an undisclosed sum.
Colonial First State taps IRESS for managed accounts platform
Australian wealth manager Colonial First State (CFS) has selected fintech firm IRESS to provide back-end technology for its wrap platform, FirstWrap.
Canadian investors expect more returns that advisors find realistic: Natixis study
Advisors find it increasingly harder to satisfy clients Canada, with investors expecting returns that are almost twice more than advisors find realistic, according to a study by Natixis Global Asset Management Canada.
Manulife launches new innovation lab in Singapore
International financial services group Manulife has launched its third Lab of Forward Thinking (LOFT) location in Singapore. The other two are located in Boston and Toronto.
Deutsche Bank launches digital factory in Frankfurt
Deutsche Bank has opened its digital factory in Frankfurt to discover and evaluate new ideas, and translate these ideas into real products and services for its clients.
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Principal Global Investors names Europe CEO
Principal Global Investors, part of US firm Principal Financial Group, has named Tim Stumpff as CEO for its European business.
Credit Suisse appoints Japan private banking head
Swiss banking giant Credit Suisse has appointed Tsuneaki Hirao as the managing director and head of private banking in Japan.
Novia Global to expand into key Middle Eastern markets
Novia Global, a UK-based online wealth management service, has announced plans to expand in several Middle Eastern markets, including Dubai, Abu Dhabi and Qatar.
BNP Paribas Wealth Management deploys Olympic Banking System in Taiwan unit
BNP Paribas Wealth Management has decided to extend the implementation of Swiss banking software firm ERIs OLYMPIC Banking System to its Taiwan operations.
ING lowers stake in Kotak Mahindra Bank to 3.9%
Dutch banking group ING has reduced its stake in Indian private sector lender Kotak Mahindra Bank from 6.4% to 3.9% through the sale of 46.7 million ordinary shares of Kotak.