All articles by Verdict Staff

Verdict Staff

Pictet Asset Management introduces robotics fund

Pictet Asset Management has unveiled Pictet-Robotics fund, which will invest in robotics and artificial intelligence technologies.

Liquidity Event: Gulfport Energy Corporation completes acquisition of Paloma Partners III

Gulfport Energy Corporation, an oil and gas company, completed the acquisition of Paloma Partners III, LLC, also an oil and gas company, for a purchase consideration of approximately US$301.9 million.

ABN AMRO Bank integrates private banking activities in Jersey and Guernsey

ABN AMRO Bank has integrated its private banking activities in Jersey and Guernsey, which is subject to regulatory approval.

Liquidity Event: Expedia acquires Orbitz Worldwide

Expedia, Inc., an online travel company, has acquired Orbitz Worldwide, Inc., an online travel company, for an enterprise value of approximately $1.6 bn. Both companies involved in the transaction are based in the US.

Barclays expands wealth & investment management team in Scotland

Barclays has expanded its wealth & investment management team in Scotland by hiring Neil MacKay and Katie McLaughlin as new private bankers.

More Americans turning to advisors to devise investment strategy: CFP Board study

Greater number of Americans believe that they need better financial guidance and are turning to financial advisors to help them create an investment strategy and plan for retirement, according to a new survey from the CFP Board.

Smith & Williamson operating income up 8%

Smith & Williamson, a UK-based investment management, accountancy and tax group, has reported an 8% rise in group operating income to £215.1m for the year ending 30 April 2015¸from £ 199.1m a year ago.

Algomi opens office in New York

Algomi, a network provider of information-matching solutions for fixed income liquidity, has opened its Americas headquarters in New York.

Standard Chartered Bank appoints new head of private banking in Taiwan

Standard Chartered Bank has named Vicky Lin as new managing director and head of private banking for Taiwan.

Mizuho Financial, Dai-ichi Life to merge asset management affiliates

Japan’s Mizuho Financial Group and Dai-ichi Life Insurance Company have signed a memorandum of understanding to club their asset management businesses.