All articles by Verdict Staff

Verdict Staff

RWC converts Asian fund into UCITS long/short strategy

UK-based investment manager RWC Partners has converted its Asia long/short strategy into an Ucits fund in a move to expand its Asian equities offering for UK investors.

Barclays to exit African business

British bank Barclays is planning to close its African operations to refocus the bank on its UK and US operations.

Major North American client selects Lombard Risk Management for regulatory reporting

A major North American banking clients, a multi-national financial services firm, has gone live with Lombard Risk Management’s next generation regulatory reporting platform solution.

CIB reaches deal to sell investment banking arm to Orascom

Commercial International Bank (Egypt) has reached a final agreement to sell its investment banking arm CI Capital to an Orascom Telecom unit, Orascom Telecom and Media Technology (OTMT) for EGP924m ($118m).

Louvre Group names new COO

Louvre Group, a Guernsey-based provider of fiduciary, corporate and fund services, has named Julian Lane as new chief operating officer.

UBS faces tax fraud and money laundering probe in Belgium

Belgian authorities have charged Swiss banking giant UBS with money laundering and serious and organized tax fraud.

Franklin Templeton bolsters multi-asset solutions capability

Franklin Templeton Investments has expanded its global multi-asset solutions capabilities by launching a new open architecture offering.

NelsonHall rolls out new vendor evaluation tool for wealth & asset management services

BPO and outsourcing analyst firm NelsonHall has rolled out a new tool that will help strategic sourcing managers to evaluate vendor ability in wealth & asset management services.

Genesis Investment selects SimCorp to automate client reporting

UK-based asset manger Genesis Investment Management has implemented SimCorp’s end-to-end client communications and reporting suite, SimCorp Coric, to replace its existing client reporting automation solution.

MetLife in talks to sell US advisor group to MassMutual Financial

Insurer MetLife is in talks with MassMutual Financial Group over a possible sale of its US advisor group, MetLife Premier Client Group.