All articles by Verdict Staff

Verdict Staff

Fund managers bid to buy RBS branches

A group of more than 20 fund managers are in the process of bidding for 315 Royal Bank of Scotland (RBS) branches as suitor’s line up ahead of the week’s bid deadline.

BNP Paribas expands banking capabilities in Australian market

BNP Paribas has expanded its banking capabilities in the Australian market by formally launching BNP Paribas Securities Services as a foreign deposit taking institution, Financial Standard reported.

Investor confidence on the rise: AIC research

The latest Association of Investment Companies (AIC) Investor confidence research has revealed that investors’ optimism is rising to what it was in the pre credit-crunch levels, with investors increasing their stock market exposure to emerging markets as the UK falls out of favour, while taking a risk-on approach to smaller companies.

Charlotte Square poaches from Brewins

Edinburgh-based Charlotte Square has appointed Kris Barclay, former associate director at UK private client investment managers Brewin Dolphin, to its investment team, marking the start of a “12-month recruitment drive across” its investment and support teams.

B2 Group inks deal with Gartland and Mellina

US-based B2 Group, a provider of cloud based FX, funds and payments STP software and consultancy solutions to transaction banks and corporates across the globe, has entered into a strategic partnership with the US-based management consulting firm and financial services specialists, Gartland & Mellina Group (GMG).

Jersey Finance to launch AIFMD-friendly fund regulations in April 2013

Jersey Finance has confirmed the jurisdiction’s plans to launch new fund regulations as part of its strategy to meet the requirements of the Alternative Investment Fund Managers Directive (AIFMD).

InfraHedge hires hedge fund industry veteran

InfraHedge, the managed account platform with over $7.6bn of client assets, has appointed Robert Picard to the newly-created role of president, North America.

Rabobank closes equity derivatives business

Rabobank has shut down its equity derivatives division to focus on ‘core strategies’ after predicting low future revenue potential.

Two Federated Income Funds Earn Lipper Awards as Best in Category

Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, today announced that two of its income-oriented mutual funds received Lipper Fund Awards recognizing their category-leading performance.

BNY Mellon hires for new senior investment roles

BNY Mellon has hired for a number of new senior management position as the company aims to enhance its presence and capabilities in the investment services space globally.