All articles by Verdict Staff

Verdict Staff

E*TRADE snaps up online brokerage OptionsHouse for $725m

E*TRADE Financial has agreed to acquire Aperture New Holdings, the ultimate parent company of OptionsHouse, for $725m in cash to boost its derivatives capabilities.

HSBC Private Bank names North America business head

HSBC Private Bank, the private banking business of the HSBC Group, has appointed Joe Abruzzo as its new business head of North America.

DBS Bank to launch securities business in Japan

Singapore’s DBS Bank has announced plans to launch its securities business in Japan to facilitate growing Asia-Japan investment flows.

Aviva sets up financial advisory firm in Singapore

British insurer Aviva has launched a financial advisory firm in Singapore known as Aviva Financial Advisers.

Boston Advisors to take over Weyland Capital Management

Boston Advisors has agreed to acquire the assets of Weyland Capital Management, a New Hampshire-based investment advisory firm that oversees $175m of multi-asset portfolios for about 130 clients nationwide.

Angloinfo and Nexus establish JV to serve expats

Global expat network Angloinfo and digital media expert Nexus have formed a new joint venture (JV), known as Angloinfo Asia, to serve the expat population.

Cordium names new group CEO

Cordium, a provider of governance, risk and compliance services, has recruited Doug Morgan as its new group CEO.

Fiserv integrates Grapevine6 into its Wealth Management Network

Fiserv, a provider of financial services technology solutions, has integrated content platform Grapevine6 in to its Wealth Management Network to enable financial advisors build rapport with their clients.

UBP net profit rises 13% in H1 after Coutts acquisition

Swiss private bank Union Bancaire Privee (UBP) has reported net profit of CHF90m for the first half of 2016, up 13% from CHF79.5m a year ago.

Isle of Man government gives go-ahead to alternative banking regime

The Isle of Man parliament has approved laws that will introduce a new alternative banking regime (ABR) allowing two additional types of banking licences on the island.