All articles by Verdict Staff

Verdict Staff

Pavilion Financial concludes Altius Holdings acquisition

Pavilion Financial, an employee-owned investment services firm in Canada, has wrapped up the acquisition of Altius Holdings, the parent of Altius Associates and Altius Associates (Singapore), for an undisclosed sum.

James Hambro & Partners names new financial intermediary sales head

James Hambro & Partners, a London-based wealth manager, has named Glenn Hawksbee as its new head of financial intermediary sales.

Ashmore Group annual pre-tax profit dips 8%

British investment manager Ashmore Group has reported profit before tax of £167.5m for the year ending 30 June 2016, a fall of 8% compared to £181.3m a year ago.

Credit Suisse makes senior level management changes

Credit Suisse Group has appointed Brian Chin as the new CEO of global markets and Eric Varvel as the new president and CEO of Credit Suisse Holdings (USA).

JPMorgan receives license to operate fund management business in China

JPMorgan Asset Management (JPMAM) has obtained license from Chinese financial regulators to operate a wholly owned asset-management firm J.P. Morgan Asset Management (Shanghai) in China.

HKMA sets up fintech innovation hub and supervisory sandbox

The Hong Kong Monetary Authority (HKMA) is set to establish a fintech innovation hub and supervisory sandbox to facilitate fintech innovation in the country.

Abu Dhabi, Guernsey regulators sign MoU to improve cross border cooperation

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding (MoU) with the Guernsey Financial Services Commission (Guernsey FSC) to improve cross border co-operation.

Citi Private Bank expands Latin America team

Citi Private Bank has appointed Sonia Garcia-Romero as the managing director and investment counselor team leader, Latin America, ex-Mexico and Brazil.

Australia cracks down on offshore tax evaders

The Serious Financial Crime Taskforce (SFCT), led by the Australian Tax Office, has made unannounced visits and issued warrants on Australians identified in the massive data leak known as Panama Papers.

Old Mutual Global Investors names country head of Italy

Old Mutual Global Investors (OMGI), a unit of Old Mutual Wealth, has named Cristiano Busnardo as it new country head of Italy.