All articles by Verdict Staff
Verdict Staff
BNY Mellon Q1 net income up 5%
The Bank of New York Mellon (BNY Mellon) has reported a net income applicable to common shareholders of $804m for the first quarter of 2016, a 4.9% increase compared to $766m in the same period of 2015.
AXA IM names new EM fixed income head
AXA Investment Managers (AXA IM) has hired Michael Ganske as the new head of emerging markets fixed income.
Samsung AM, Capital Group collaborate to launch target date funds in Korea
Samsung Asset Management has teamed up with US asset manager Capital Group to introduce six target date funds (TDFs) in Korea.
ZEDRA snaps up Jersey’s Azure Trust Group
Trust and fiduciary service provider ZEDRA has taken over Azure Trust Group, a trust, corporate and fund services group based in Jersey.
ADIB Q1 net profit rises 7%
Abu Dhabi Islamic Bank (ADIB) has reported a net profit of AED482m ($131.2m) for the first quarter of 2016, a 6.9% increase compared to AED450.8m in the year-ago quarter.
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Raymond James private client group Q2 pre-tax income rises 10%
The private client group of Raymond James Financial has reported a pre-tax income of $83.2m for the fiscal second quarter ended 31 March 2016, a 10% increase compared to $75.4m in the year-ago quarter.
Kames Capital expands specialist ethical funds range
Kames Capital has announced plan to launch Global Sustainable Equity Fund to expand its £2.3bn specialist ethical funds portfolio.
Two thirds of British expats worried about Brexit: deVere poll
Over two thirds of British expats residing in the EU are concerned over Brexit, revealed a new poll conducted by financial advisory firm deVere Group.
Russell Investments creates new high-powered DC team
Russell Investments has combined its institutional and intermediary defined contribution (DC) teams to capture the growth opportunities across all DC market segments.
Credit Suisse nabs former Deutsche Bank M&A chief
Credit Suisse has hired Henrik Aslaksen, the former global head of mergers and acquisitions at Deutsche Bank, as head of strategic client coverage for its investment bank and capital markets (IBCM) division in EMEA.