All articles by Verdict Staff

Verdict Staff

Berenberg appoints new manager for Munich branch

Berenberg, a Germany based private bank, has appointed Hans Wöll as new manager to take over the management of its Munich branch.

Invesco’s AuM increases 12% in Q2

Invesco’s total assets under management (AuM) were US$705.6 billion at 30 June 2013, a 12.4% increase compared to US$627.6 billion for the previous year period.

Pensions affected by Dodd-Frank have adequate collateral for central clearing: Northern Trust research

Pension funds should have adequate capital to cover new requirements imposed on the bulk of over-the-counter (OTC) derivatives trading by the Dodd-Frank Act, according to a new white paper by Northern Trust.

NXT Capital closes US$783 million leveraged loan fund

NXT Capital has closed NXT Capital Senior Loan Fund II, L.P, a US$783 million leveraged loan fund that will invest in senior debt transactions originated and underwritten by NXT Capital’s Corporate Finance Group.

Blackrock launches retirement income indexes

BlackRock, Inc. has launched an innovative series of financial indexes that aim to fundamentally improve the way individuals and their advisors plan and save for retirement.

Israel names new Bank of Israel governor

Israeli prime minister Benjamin Netanyahu and finance minister Yair Lapid have to appoint Leonardo Leiderman as the new governor of the Bank of Israel.

Buy-side firms unprepared for new trading mechanisms: State Street study

Buy-side firms are unprepared for new trading mechanisms, costs and increased complexity and should partner with established providers to adapt to an evolved OTC derivatives marketplace, according to research commissioned by State Street.

Wells Fargo’s Abbot Downing appoints senior relationship manager in San Francisco

Wells Fargo’s Abbot Downing has appointed Eric Williams as senior relationship manager in San Francisco.

The Consulting Consortium acquires Swaines to target small UK advisory firms

The Consulting Consortium (TCC), an independent regulatory services provider in UK, has acquired Swaines for an undisclosed sum, in a bid to target small advisory businesses.

RBS to appoint Ross McEwan as new CEO

Royal Bank of Scotland (RBS) is in talks with regulators at the Bank of England to appoint Ross McEwan as its new chief executive, replacing Stephen Hester who stepped down last month.