All articles by Verdict Staff
Verdict Staff
Credit Suisse posts CHF2.44bn pre-tax loss; to slash 4000 jobs
Swiss banking giant Credit Suisse has reported a pre-tax loss of CHF2.44bn for full year 2015 compared to a pre-tax profit of CHF3.6bn in the year ago period.
First Names Group hires new Asia head
First Names Group, a trust, fund and corporate services provider, has named Jean Pierre (JP) Koolmees as new head of its Asian operations.
UBS AM expands alternative beta ETF range
UBS Asset Management (UBS AM) has launched eight new currency-hedged ETFs as part of its alternative beta range.
Robertson Stephens expands investment management group
Robertson Stephens, a wealth advisory and investment management firm, has hired four new executives for Robertson Stephens Partners LLC, the firms investment management group.
Mitsubishi UFJ Trust to acquire Capital Analytics from Neuberger Berman
Mitsubishi UFJ Trust and Banking (MUTB) has agreed to acquire 100% of the issued shares of Neuberger Berman Groups overseas fund management company, Capital Analytics II (CA).
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New Silkroutes Group forms assets management JV with CG Capital
Singapore-based New Silkroutes Group (NSG) has formed a joint venture CG Capital Partners, a New York-based fund manager, to offer fund management services, including financial products and asset-class-specific funds, to Asian investors.
First Names Group names new CFO
First Names Group, a trust, fund and corporate services provider, has hired Eric Fady as its new CFO, effective immediately.
RBC Wealth teams up with BlackRock’s FutureAdvisor for robo-advisor pilot program
The US arm of RBC Wealth Management has partnered with BlackRock-owned digital wealth management provider FutureAdvisor on a pilot program called RBC Investor Gateway for select clients in the US.
Old Mutual hires new client services head
Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, has hired Sharon Power as new head of client services.
JPMorgan introduces new platform for ESG-focused investors
JPMorgan has launched a sustainable investments platform providing a suite of tools to institutional investors seeking for environmental, social and governance (ESG) products.