All articles by Verdict Staff
Verdict Staff
MAS orders BSI to shut Singapore operations
The Monetary Authority of Singapore (MAS) has ordered Swiss lender BSI Bank, linked to the 1Malaysia Development (1MDB) state fund scandal, to shut down its Singapore operations.
Goldman Sachs wraps up Honest Dollar acquisition
Goldman Sachs’ Investment Management Division (IMD) has concluded the purchase of Honest Dollar, a web and mobile-based retirement savings platform.
JPMorgan Asset Management hires head of global real estate securities
JPMorgan Asset Management has appointed Alan Supple to the newly created role of head of global real estate securities.
Qatar First Bank signs partnership deal with British property adviser JLL
Qatar First Bank (QFB) has signed an agreement with UK-based property adviser JLL to enable clients source real estate opportunities based on their specific requirements and budget.
Nikko Asset Management unveils new equity UCITS fund
Nikko Asset Management has rolled out the new Japan Focus Equity UCITS fund that will target long-term capital growth.
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Falcon Fine Art names new business development manager
Falcon Fine Art, a unit of specialist financier Falcon Group, has appointed equity financing expert Clemence Petit as its new business development manager.
Anadolubank Nederland taps AxiomSL for regulatory reporting solution
Anadolubank Nederland, a subsidiary of Anadolubank Turkey, has selected AxiomSLs XBRL solution to submit a wide range of regulatory reports to De Nederlandsche Bank (DNB).
Amundi to purchase 87.5% stake in Kleinwort Benson Investors
European asset manager Amundi has agreed to buy an 87.5% stake in Irish asset manager Kleinwort Benson Investors (KBI) from Oddo & Cie. The management team of KBI will own the remaining 12.5% stake.
Generational transfer of wealth reshaping wealth management industry: Temenos study
Transfer of wealth from aging baby boomers to younger generations is reshaping the wealth management industry in ways that demand greater efficiency and adaptation by incumbent firms, according to a new report from Temenos and Forbes Insights.
SYZ Asset Management appoints head of manager research & alternative investments
SYZ Asset Management, a subsidiary of Swiss-banking group SYZ, has hired Cedric Vuignier as head of manager research & alternative investments, and Bertrand Dord as senior analyst.