All articles by Verdict Staff
Verdict Staff
London Stock Exchange buys ETF provider XTF
London Stock Exchange Group (LSEG) has completed the purchase of XTF, a US-based provider of ETF data, analytics and ratings, through its Information Services division.
COMMENT: Like it or not, The Revolution is happening – AG Delta
Andrew Au, CEO and founder of AG Delta, comments on what wealth managers will need to do to survive in 2016
SEI Trust Company, The London Company to create new equity collective investment trust
SEI Trust Company has joined hands with The London Company, an employee-owned registered investment advisor, to launch a new equity collective investment trust (CIT).
Wipro to buy Viteos Group for $130m
Indian IT major Wipro has agreed to purchase Viteos Group, a BPaaS provider for the alternative investment management industry for $130m.
SSGA names new head of Asia ex-Japan business
State Street Global Advisors (SSGA), the asset management arm of State Street Corporation, has named June Wong as its new senior managing director and head of its Asia ex-Japan business.
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Wiener Privatbank to buy banking operations of Valartis Bank (Austria)
Wiener Privatbank, a private bank based in Vienna, has signed a legal binding agreement to acquire the banking operations of Valartis Bank (Austria) for EUR13m.
Fosun withdraws bid for BHF Kleinwort Benson
Chinese conglomerate Fosun International has withdrawn its voluntary and conditional public takeover bid in cash for wealth management group BHF Kleinwort Benson (BHF KB), according to the Belgian Financial Services and Markets Authority (FSMA).
James Hay Partnership bolsters sales teams
James Hay Partnership, a UK-based platform for retirement wealth planning, has bolstered its sales teams by hiring new platform consultants, strategic account manager and business development manager.
JPMorgan to pay $307m to settle conflict of interest charges
Two JPMorgan wealth management subsidiaries have agreed to pay $267 million to the US Securities and Exchange Commission (SEC) to settle charges that they failed to disclose conflicts of interest to clients.
2015 overview and 2016 outlook: Societe Generale Private Banking Hambros
Eric Barnett, CEO of Societe Generale Private Banking Hambros, comments on the past year and the trends that are likely to evolve in 2016