All articles by Verdict Staff
Verdict Staff
ANZ Banking Group names new CEO
ANZ Banking Group has appointed its CFO Shayne Elliott as the group’s new CEO, replacing Mike Smith – who joined the bank as CEO in 2007.
SEC, FINRA fine UBS $34m over sales of risky Puerto Rican mutual funds
US regulators have fined Swiss banking giant UBS nearly $34m for selling risky Puerto Rico bond funds, which plunged in value in recent years, to conservative clients.
Old Mutual Global Investors forms new multi-asset division
Old Mutual Global Investors (OMGI) has created a new multi-asset division which will include personnel from Quilter Cheviot, which was acquired by OMGI parent company Old Mutual Wealth in October 2014.
Franklin Templeton unveils new multi-manager fund
Franklin Templeton Investments has launched a new multi-manager fund that will invest in a variety of credit strategies sub-advised by institutional-quality hedge fund managers.
Mizuho Financial to buy 16% stake in Matthews International
Japan’s Mizuho Financial has agreed to acquire nearly 16% stake in Matthews International Capital Management, a US asset management company with a focus on Asia.
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AXA Wealth launches new online planning toolkit for advisers
AXA Wealth has launched a new online toolkit to enable advisers offer their clients a clearer view of their financial well-being.
Butterfield appoints new head of wealth management in Guernsey
Butterfield Bank (Guernsey) has appointed Richard Saunders as interim managing director and head of wealth management for Guernsey, effective 1 October 2015.
Irish asset manager Mediolanum selects Options as managed application provider
Ireland-based Mediolanum Asset Management has selected private financial cloud provider Options as its new managed application and hosting provider.
Julius Baer hires new head for Africa & Eastern Mediterranean sub-region
Swiss private banking giant Julius Baer has named Gerassimos Spyridakis as head of a newly created sub-region Africa & Eastern Mediterranean, effective 1 January 2016.
Northern Trust introduces new FX platform for investment managers
Northern Trust has launched a new foreign exchange product for investment managers called, CompleteFX.