All articles by Verdict Staff
Verdict Staff
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.
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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.
Genesis Investment selects SimCorp to automate client reporting
UK-based asset manger Genesis Investment Management has implemented SimCorps 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.
CIBC wealth arm reports 7% dip in Q1 income
The wealth management unit of Canadian Imperial Bank of Commerce (CIBC) has reported a net income of C$119m for the first quarter ended 31 January 2016, down 7% from C$128m during the year ago period.