All articles by Verdict Staff

Verdict Staff

Vistra snaps up Singapore’s Intro International

Vistra, a provider of corporate, trust and fund administration services, has acquired Singapore-based corporate services provider Intro International.

Columbia Threadneedle to expand Luxembourg presence following Brexit

Columbia Threadneedle is planning to expand its Luxembourg business following Britain’s decision to quit the European Union.

NBAD, FGB secure boards’ approval for merger

National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have received approval from their boards for their merger that will create the largest bank in the Middle East and North Africa (MENA) with $175bn in assets.

Pacific Asset Advisors completes Cadence Capital Management acquisition

US-based investment management firm Pacific Asset Advisors (PAAL) has concluded the purchase of boutique investment firm Cadence Capital Management.

State Street closes acquisition of GE Asset Management

State Street Corporation has closed the purchase of GE Asset Management (GEAM) from GE for an undisclosed amount.

Rathbones strengthens private office unit

British wealth manager Rathbones has appointed Ian Dembinski, Peter Arkell and Alex Dean for its private office division.

Understanding new regulations and anti-money laundering focus areas for financial firms: IPC

Gaining understanding of new regulations, managing operations in line with new regulations and anti-money laundering are among the key areas of focus for chief compliance officers and executives at financial services firms, according to a survey by IPC Systems.

Cayman Islands, Gibraltar financial regulators sign MOU

The Cayman Islands Monetary Authority (CIMA) has inked a memorandum of understanding (MOU) with the Gibraltar Financial Services Commission (GFSC) to facilitate regulatory cooperation for alternative investment fund managers.

HSBC concludes sale of Brazil business

HSBC has completed the sale of its Brazil business to Brazilian lender Banco Bradesco after securing all necessary regulatory approvals.

Standard Chartered to deploy Temenos’ solution in over 30 markets

Standard Chartered has selected Temenos’ WealthSuite integrated wealth management platform to deploy across wealth management operations in more than 30 countries.