All articles by Verdict Staff
Verdict Staff
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.
LIFT-Financial chooses AJ Bell as its primary platform
LIFT-Financial, a chartered financial planner in the UK with assets under advice of £900m, has selected AJ Bell as its primary platform provider.
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.
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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.
Raiffeisen, Vontobel to extend cooperation agreement in certain areas
Raiffeisen and Vontobel have agreed to continue collaboration in certain areas even after their current cooperation agreement terminates in June 2017.
WealthInitiative launches platform to facilitate real estate, art and passion investments
Swiss fintech startup WealthInitiative has launched a platform to cut out the middlemen in real estate, art and passion investments such as classic cars, yachts or private jets, which represent a dynamic trillion dollar market.