All articles by Verdict Staff

Verdict Staff

Brexit not to affect majority of fund managers’ investment decisions: Preqin

Majority of fund managers do not expect their performance or investment decisions to be impacted by Brexit, but hedge fund managers anticipate being able to benefit in the short term as they capitalise on market volatility, a survey by Preqin has revealed.

Banque Privee EDR to implement Avaloq banking solution

Geneva-based Banque Privee Edmond de Rothschild (EDR) is set to deploy Avaloq Banking Suite to support its private banking operation in Switzerland, Luxembourg and Monaco.

Bank of Blue Valley names new senior vice president for wealth management

Bank of Blue Valley, a subsidiary of Blue Valley Ban Corp, has appointed B. Todd York as the new senior vice president for wealth management.

Fidelity to relocate 100 UK staff to Dublin

Fidelity International is planning to relocate its 100 UK staff to Dublin as part of its long-term strategy to enhance services for customers.

LGIM hires new wealth management head

UK-based Legal and General Investment Management (LGIM) has named Stephen Gray as its new head of wealth management.

Julius Baer closes acquisition of Commerzbank Luxembourg business

Swiss private bank Julius Baer has concluded the acquisition of fully-licensed private bank Commerzbank International SA Luxembourg (CISAL).

Standard Life’s advisory business 1825 to buy Jones Sheridan

Standard Life’s financial planning business 1825 has agreed to buy Crewe-based financial planning business Jones Sheridan for an undisclosed sum.

Zedra to acquire Dutch firm Allied Corporate Services

Zedra, a provider of independent trust, fiduciary, corporate and fund services, has agreed to acquire the Netherlands-based independent corporate services provider Allied Corporate Services for an undisclosed sum.

MUFG reorganises US units into single holding company

Japan’s Mitsubishi UFJ Financial Group (MUFG) has designated its US bank holding company MUFG Americas Holdings (MUAH) as its intermediate holding company (IHC) to comply with the US Federal Reserve Board’s final rules for Enhanced Prudential Standards (EPS Rules).

TIAA snaps up wealth management technology provider MyVest

Fintech provider TIAA has acquired MyVest, a San Francisco-based wealth management technology provider, for an undisclosed sum.