All articles by Verdict Staff

Verdict Staff

Malaysia’s Maybank opens new private wealth centre in Sarawak

Malayan Banking Bhd (Maybank) has opened a new private wealth centre in Kuching, Sarawak in a move to strengthen its wealth management business.

Northern Trust launches new online fund accounting and reporting tool

Northern Trust has launched a new multi-faceted web portal to include fund accounting data and enhanced self-service reporting for fund managers.

Million pound charitable donations hit highest level in UK since 2008

A total of 298 donations of £1m or more were made to charitable causes and foundations in the UK in 2014, the highest record figure since 2008, according to the latest edition of the Coutts Million Pound Donors Report.

JTC names new managing director for Guernsey office

JTC, a provider of fund, corporate and private client services, has appointed Adam Moorshead as new managing director for its Guernsey office replacing Paul Duquemin.

SS&C Technologies completes Primatics Financial acquisition

SS&C Technologies, a provider of financial services software and software-enabled services, has closed its acquisition of Primatics Financial.

KKR to invest in India’s Avendus Capital

American private equity firm KKR has agreed to invest in Avendus Capital, an Indian financial services firm providing customized solutions in the areas of financial advisory and wealth management.

Major Spanish bank selects AxiomSL’s platform for regulatory reporting

A major Spanish bank in Mexico has selected AxiomSL’s analytics and reporting platform to meet Mexican regulatory and credit risk reporting requirements, manage complex calculations and comply with multiple submission deadlines.

Schroders unveils new volatility controlled equity fund in UK

Schroders Multi-asset Investments and Portfolio Solutions (MAPS) has rolled out its first volatility controlled equity fund with downside protection for UK institutional investors.

Standard Chartered appoints new India CEO

Standard Chartered Bank has hired Zarin Daruwala as new chief executive officer for India, replacing Sunil Kaushal who has been appointed as regional chief for Africa and Middle East.

Nippon Capital Asset Management to open new office in China

Nippon Capital Asset Management has expanded its international operations by opening a new satellite office in China in 2016.