All articles by Verdict Staff
Verdict Staff
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.
Former PIMCO managing director sets up new asset management firm
PIMCO managing director Vineer Bhansali has stepped down from the firm to start his own investment management advisory firm, called LongTail Alpha.
Rietumu bank collaborates with TechHub Riga to strengthen fintech scene in Latvia
Latvian private bank Rietumu has collaborated with IT and startup community TechHub Riga to ensure a further fintech scene development in Latvia.
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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.
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
Cayman National to pay $6.09m to settle tax evasion probe with US
Cayman National Corporation (CNC) has revealed that it expecting to pay KYD5m ($6.09m) in fines to the US Department of Justice (DOJ) to settle an investigation related to potential violations of US criminal law relating to tax evasion by two of its companies.