All articles by Verdict Staff
Verdict Staff
Abu Dhabis Mubadala to acquire 20% stake in Bahrains Investcorp
Mubadala Development Company, an Abu Dhabi-based investment and development company, has agreed to acquire a 20% stake in Bahraini investment firm Investcorp for an undisclosed sum.
RFi Group merges advisory and consultancy units
Financial services research provider RFi Group has merged its advisory and consultancy divisions and launched an office in Melbourne.
Grant Thornton names MD for Chicago tax accounting risk advisory services practice
Grant Thornton has appointed Mark Quiroz as a managing director in the firms Tax Accounting Risk Advisory Services (TARAS) practice in Chicago.
SkyBridge Capital opens new office in London
SkyBridge Capital, a US-based alternative investment firm, has opened a new office in London that will serve as its headquarters on behalf of its business interests in the UK, Continental Europe and the Middle East.
MUFG to buy Rydex Fund Services from Guggenheim Investments
MUFG Investor Services has agreed to purchase Guggenheim Partners 1940-Act mutual fund administration business Rydex Fund Services (RFS) for an undisclosed amount.
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Northern Trust hires chief diversity officer for EMEA and APAC
Northern Trust has appointed Sarah Boddey as its new chief diversity officer for Europe, Middle East, Africa (EMEA) and Asia Pacific (APAC).
NBAD net profit dips 5% in Q2
National Bank of Abu Dhabi (NBAD) has posted a net profit of AED1.37bn for the second quarter of 2016, down 4.8% from AED1.44bn the year ago.
Standard Chartered appoints new chairman; regional head in Hong Kong
British banking major Standard Chartered has named Jose Vinals as its new chairman, replacing John Peace, who will step down on 1 December 2016.
Schroders H1 pre-tax profit falls 3%; AuM rises 10%
British fund manager Schroders has posted profit before tax of £282.3m for the first half of 2016, down 2.7% from £290.3m in the prior year.
Nomura Q1 net profit slides 32%
Japanese financial major Nomura has reported a net profit of JPY46.8bn for the first quarter of fiscal year 2017, a slump of 32% compared with JPY69.6bn in the year ago quarter.