All articles by Verdict Staff
Verdict Staff
Grant Thornton teams up with Bloomberg BNA on fixed asset services
Accounting firm Grant Thornton has partnered with Bloomberg BNA to launch a new outsourced tax offering for managing fixed assets.
Lightyear Capital, PSP Investments wraps up Advisor Group acquisition
US-based private equity firm Lightyear Capital, Canadian pension investment manager PSP Investments, as well as other co-investors have completed the purchase of Advisor Group from American International Group (AIG).
Lombard Risk names new CTO
Lombard Risk Management, a provider of integrated collateral management and regulatory reporting solutions for the financial services sector, has named Mike Payne as the new chief technology officer (CTO) of Lombard Risk.
Intesa SanPaolo income plunges 24% in Q1
Italian banking group Intesa SanPaolo has reported a net income of EUR806m for the first quarter of 2016, down 24.2% compared to EUR1.06bn in the year-ago quarter.
Wilmington Trust recruits New York Metropolitan Region president
Wilmington Trust has named Sharon Klein as its new president for the New York Metropolitan Region.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
HSBC Alternative Investments recruits new global head of hedge funds
Hedge fund investor HSBC Alternative Investments (HAIL) has named William Benjamin as its new global head of hedge funds.
Macquarie Group annual profit jumps 29%
Australia’s Macquarie Group has reported an attributable net profit after tax of $A2.06bn for the fiscal year 2016, a rise of 29% compared to a year ago.
Barclays sells 12% stake in Barclays Africa for $874m
Barclays has raised ZAR13.05bn ($874m) by offloading its 12.2% stake in its African subsidiary Barclays Africa to institutional investors.
Reliance Capital launches its first Ucits vehicle for UK market
Reliance Capital Asset Management (RCAM) has collaborated with British specialist funds distributor Cohesion Investments to launch its first Ucits vehicle for the UK market, dubbed India Equities Portfolio Fund (IEPF).
Old Mutual Wealth net client cash flows surge 80% in Q1
Old Mutual Wealth said that its net client cash flows reached £1.8bn in the first quarter of 2016, a surge of 80% compared to £1bn in the year-ago quarter.