All articles by Verdict Staff

Verdict Staff

EFG International to accelerate purchase of BSI’s Singapore business

Zurich-based bank EFG International has revealed plans to accelerate its acquisition of BSI’s Singapore business, which was recently linked to the 1Malaysia Development (1MDB) state fund scandal.

MainstreamBPO sets up office in New York

MainstreamBPO has launched a new office in New York office for its hedge fund administration operations.

Jupiter unveils new multi-asset ecology fund

UK-based Jupiter Asset Management has launched a new multi-asset ecology fund that will focus on companies that stand to benefit from the transition to a sustainable economy.

Cetera Financial Group names new CFO

Cetera Financial Group, a network of independent broker-dealer firms in the US, has appointed Jeffrey Buchheister as its new CFO.

JPMorgan Q2 income slides marginally to $6.2bn

JPMorgan Chase has posted a net income of $6.2bn for the second quarter of 2016, a marginal decline of 1% compared to $6.29bn in the year-ago quarter.

Old Mutual International rolls out expat referral service

Old Mutual International has introduced a new referral service for expats, in partnership with EY.

NAB streamlines superannuation business

National Australia Bank (NAB) has merged five of its super funds to create the largest retail super fund in Australia.

IHS, Markit complete $13bn merger to form financial data powerhouse

US-based analytics provider IHS and UK-based data provider Markit have completed a merger deal to form a new $13bn international market and financial data company.

Fieldpoint Private enters Florida market

Fieldpoint Private, a Connecticut-based wealth advisory and private banking firm, has forayed into the Florida market by opening a new office in Palm Beach.

BlackRock hires Credit Suisse’s Americas private banking chief

Fund management giant BlackRock has hired veteran Credit Suisse banker Philip Vasan as head of investments and portfolio solutions for its US wealth advisory unit.