All articles by Verdict Staff

Verdict Staff

RBC Investor & Treasury Services rolls out new FX service for institutional investors

RBC Investor & Treasury Services, part of Royal Bank of Canada, has rolled out a new fully outsourced execution solution for institutional investors.

Neuberger Berman signs fund distribution deal with Italian private bank Fideuram

Neuberger Berman, a US-based investment manager, has entered into a fund distribution partnership with an Italian private bank Fideuram Intesa Sanpaolo.

Hargreaves Lansdown expands multi-manager range of funds

UK-based Hargreaves Lansdown is planning to expand its multi-manager range of funds by launching a new high income fund on 13 April 2016.

VTB Bank reports net profit of RUB1.7bn in 2015

VTB Bank has reported a net profit of RUB1.7bn ($24.9m) for the year ended 31 December 2015, a rise of 112.5% compared to RUB0.8bn ($11.7m) in the prior year.

Tavistock Investments acquires IFA Abacus Associates Financial

Tavistock Investments, UK-based financial services group, has agreed to acquire IFA Abacus Associates Financial Services for £5.165m.

LGT reports 28% rise in annual profit

LGT, the private banking and asset management group owned by Princely Family of Liechtenstein, has reported group profit of CHF211m for the year ended 31 December 2015, a 28% increase compared to CHF165m a year ago.

Dexion Capital rebrands as Fidante Partners

Dexion Capital, a UK-based alternative investments group, has re-branded itself as Fidante Partners.

Lighthouse Group rebuffs £17m AFH Financial takeover bid

British financial advisor Lighthouse Group has rebuffed a multimillion-pound takeover bid from financial advisory group AFH Financial.

Julius Baer to sell Indian trust services arm to Warmond Trustees

Swiss private bank Julius Baer has agreed to sell its trust services business in India to law firm Warmond Trustees & Executors.

SS&C hires new SVP for fund administration business

SS&C Technologies, a provider of financial services software and software-enabled services, has hired Stephanie Miller as new senior vice president for its fund administration business, effective from April 2016.