All articles by Verdict Staff

Verdict Staff

BNP Paribas Securities Services selects SimCorp to mange accounting services

BNP Paribas Securities Services has deployed SimCorp’s solution to manage accounting operations on behalf of its clients.

UBP unveils new global emerging equities fund

Swiss private bank Union Bancaire Privée (UBP) has unveiled a new global emerging equities fund to provide investors with a global exposure to emerging equities.

Eastspring Investments hires new CEO for Hong Kong

Eastspring Investments, the asset management arm of Prudential Corporation Asia, has hired King Lun Au as CEO for Hong Kong.

BBVA gets approval to open first branch office in mainland China

Spanish lender BBVA has secured the green light from the China Banking Regulatory Commission (CBRC) to open a branch office in Shanghai.

Swiss EFG Bank reaches tax evasion deal with US

EFG Bank European Financial Group (EFG Group) and EFG Bank have reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.

CIBC’s wealth management arm sees 3% rise in Q4 net income

The wealth management unit of Canadian Imperial Bank of Commerce (CIBC) has reported a net income of C$123m for the fourth quarter ended 31 October 2015, up 3.36% from C$119m during the year ago period.

SEI extends wealth platform partnership with Fusion

The UK Private Banking business of SEI has agreed to a seven-year extension of its contract with Fusion Wealth, a bespoke technology solutions provider for wealth managers and financial planners.

FPA signs advice referral partnership with ING Direct

The Financial Planning Association of Australia (FPA) has partnered with ING Direct to launch a pilot national advice referral program, which will connect ING Direct Living Super customers with FPA Professional Practices across Australia.

Chubb to launch additional risk management services for art collectors

Chubb Personal Insurance has unveiled four new complimentary risk management services for art collectors.

Bonhams expands Modern & Contemporary Art team in Asia

British auction house Bonhams has expanded its Modern & Contemporary Art team in Asia by hiring Ingrid Dudek as department director and Ryo Wakabayashi as a senior specialist.