All articles by Verdict Staff
Verdict Staff
BNP Paribas names new emerging market fixed income head
BNP Paribas Investment Partners has hired L. Bryan Carter as new head of emerging market fixed income.
Cofunds unveils new discretionary fund management service for advisors
UK investment platform Cofunds has introduced a new discretionary fund management service to support advisors in offering a diverse range of services to their clients.
WH Ireland swings to pre-tax loss after £1.2m fine
WH Ireland, a UK-based provider of private wealth management services, has reported a pre-tax loss of £0.3m for the year ended November 2015 compared to a pre-tax profit of £0.5m in 2014 as a £1.2m fine from the UK regulator more than wiped out its profits.
Fiera Capital purchases Apex Capital Management for $145m
Canadian asset manager Fiera Capital has agreed to acquire US-based private investment firm Apex Capital Management through its wholly-owned subsidiary Fiera US Holding for $145m.
Credit Suisse names new CEO for Russia
Credit Suisse has named Dmitri Kushaev as new CEO for Russia, replacing Steven Hellman – who has stepped down to pursue other opportunities.
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Praemium opens new representative office in Dubai
Australian wealth management firm Praemium has expanded its presence in Middle East by opening a new representative office in Dubai.
US fines Gibraltar Private Bank and Trust $4m for anti-money laundering violations
Coral Gables-based Gibraltar Private Bank and Trust has been fined $4m by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for failing to report activities consistent with money laundering.
NICE Actimize partners with Matrix-Exzac to expand geographical reach
Fintech provider NICE Actimize has entered into a professional services partnership with Matrix-Exzac, a provider of financial crime prevention and compliance solutions, to meet growing demand for regulatory compliance solutions.
Frost Consulting launches valuation & budgeting software platform for asset managers
UK-based Frost Consulting has rolled out a new research valuation & budgeting software platform designed to help asset managers to set up a monetary value for unpriced research products and construct research budgets that meet the pending regulatory requirements of Mifid II.
PIMCO UK wealth management and EMEA ETF head quits
PIMCO’s head of UK global wealth management and EMEA exchange-traded fund businesses Mike Trovato has stepped down from the role after a spell of 15 years.