All articles by Verdict Staff
Verdict Staff
Sanne Group names new global funds head
Sanne Group, a provider of outsourced corporate and fund administration, reporting and fiduciary services, has hired Justin Partington as new global head of funds.
Northern Trust unveils new service to enhance servicing for private equity
Northern Trust, a US-based investment management firm, has unveiled capital call execution service to enhance servicing for private equity.
BNY Mellon appoints CEO for investment management business
BNY Mellon has appointed Mitchell Harris as CEO of the company’s investment management business succeeding Curtis Arledge.
BMO Financial wealth arm reports 7% decline in Q1 net income
BMO Financial Group’s wealth management arm has reported a net income of C$148m for the first quarter of fiscal year 2016, a decrease of 7% compared to C$159m in the year ago quarter.
Rathbone Brothers annual pre-tax profit surges 28%
British wealth manager Rathbone Brothers has posted a profit before tax of £58.6m for the year ended 31 December 2015, an increase of 28.2%, compared to £45.7m in 2014.
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ANZ hires new CEO for Singapore
ANZ has named David Green as new CEO for Singapore replacing Vishnu Shahaney, who will assume a new role within the bank.
Bellevue Group to buy German asset manager StarCapital
Bellevue Group, a Switzerland-based financial boutique, is planning to acquire 100% of StarCapital, a Germany-based asset manager with CHF2.5bn in assets under management.
Midland States Bank to buy trust department of Sterling National Bank
Midland States Bank has agreed to purchase Sterling National Banks trust department, which has approximately $400m in wealth management assets.
Northern Trust expands Indian operations with new Pune office
American investment management firm Northern Trust has revealed plans to expand its Indian operations by opening an office of Northern Operating Services Private Limited (NOSPL) in Pune.
L&T Capital Markets launches wealth management services in Dubai
L&T Capital Markets (LTCML), a subsidiary of L&T Financial Services, has launched its wealth management services unit in Dubai following the receipt of Category 4 license from the Dubai Financial Services Authority (DFSA).