All articles by Verdict Staff
Verdict Staff
Divisa Capital acquires Armenia’s Laboratory of Financial Technologies
FCA-regulated Divisa Capital (Divisa UK Limited) has acquired Armenian financial services provider Laboratory of Financial Technologies, in an attempt to bolster an eastward growth.
Neuberger Berman rolls out new Asian debt fund
US-based investment manager Neuberger Berman has expanded its emerging markets debt (EMD) offering by launching a new Asian focused fixed income Ucits fund.
Swiss firm Finacor SA reaches deal with US to settle tax evasion case
Swiss firm Finacor SA has reached resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
British banking regulators introduce new whistle-blower rules
The UKs Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have published new rules to encourage culture of whistleblowing at large financial firms in the country.
Standard Chartered hires regional private banking head for Africa, Middle East and Europe
Standard Chartered Bank has named Ian Gibson as new regional head of private banking for Africa, Middle East and Europe, effective from mid-October 2015.
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Wyoming Retirement System taps Northern Trust for global custody services
Wyoming Retirement System (WRS) has selected Northern Trust to provide global custody services for its $7.4bn assets.
Entropics Asset Management forays into Finnish market
Sweden-based Entropics Asset Management, an asset manager specialized in Insurance Linked Securities (ILS), has expanded its presence into the Finnish market.
Nippon Wealth wins securities business licences in Hong Kong
Nippon Wealth (NWB), a restricted licence bank, has received securities trading and securities advisory business licences from the Securities and Futures Commission of Hong Kong.
Union Bank of India to buy KBC Assets stake in JV
Union Bank of India (UBI) has agreed to buy KBC Asset Management’s 49% stake in Union KBC Asset Management Company, the joint venture between both the firms and Union KBC Trustee company.
Markit completes purchase of CoreOne Technologies
Markit, a provider of financial information services, has completed the purchase of CoreOne Technologies, a provider of regulatory reporting and prime brokerage services to financial institutions.