All articles by Verdict Staff
Verdict Staff
Investcorp H1 net income up 12%
Investcorp, a Bahrain-based manager of alternative investment products, has posted a net income $50.9m for the first half of fiscal year 2016, a rise of 12% compared with $45.3m in the year ago period.
BNY Mellons Pershing names new COO
Pershing, a US-based subsidiary of BNY Mellon, has hired Lori Hardwick as its new chief operating officer, succeeding Lisa Dolly.
European Commission extends start date of Mifid II by one year
The European Commission has extended the deadline for compliance with the revised Markets in Financial Instruments Directive known as MiFID II – by one year. The new deadline is 3 January 2018.
Pre-tax profit surges to EUR362m at Natixis Investment Solutions division in Q4
The Investment Solutions business line of French banking group Natixis has posted pre-tax profit of EUR362m for the fourth quarter of the 2015, a surge of 60% compared to EUR227m a year ago.
Equity Trustees expands private philanthropy business in Australia
Equity Trustees has hired Emma Pritchard as a new research and evaluation manager to oversee its growing private philanthropy in Australia.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Deutsche Bank CEO allay fears over financial stability, says bank ‘rock-solid’
In a bid to reassure investors and staff on the bank’s financial stability amid a continuing sell-off in the banks shares, Deutsche Bank CEO John Cryan said that the lender remains rock-solid with a strong capital and risk position.
K2 Intelligence opens new office in Los Angeles
K2 Intelligence, a US-based management-consulting firm, has opened its new office in Los Angeles to expand its relationships in West Coast industry sector.
90% of global asset management CEOs confident of revenue growth in 2016: PwC
According to PwCs 19th Annual Global CEO Survey of 189 asset management CEOs in 39 countries 90% of the CEOs are confident about revenue growth in 2016 and this rises to 95% when considering growth prospects over the next three years.
BIL Manage Invest received approval to launch UCITS fund platform
BIL Manage Invest (BMI), the third-party management company of Banque Internationale à Luxembourg (BIL), has secured CSSF CSSF approval to launch its Lux Multimanager SICAV, a hosted rent-a-compartment UCITS fund platform.
Killik & Co unveils new HNW multi-asset service
Killik & Co, a UK-based advisory broker and wealth manager, has unveiled a multi-asset service targeting clients with portfolios worth at least £750,000.