All articles by Verdict Staff

Verdict Staff

Swiss private bank Bank La Roche reaches tax evasion deal with US DoJ

Switzerland-based Bank La Roche & Co has reached a resolution with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.

RBC rolls out new tool for fund managers

RBC Investor & Treasury Services, part of Royal Bank of Canada, has rolled out a new tool to enable fund managers gain insight into their global UCITS fund distribution trends.

IRESS to buy two UK-based financial technology vendors

Australian financial software company IRESS has agreed to acquire UK-based market data software providers Proquote and portfolio management company Pulse Software Systems for a combined purchase price of £37.61m.

JPMAM expands market insights team in EMEA

JPMorgan Asset Management (JPMAM) has expanded its market insights team in EMEA by hiring Michael Bell as a new global market strategists succeeding Kerry Craig.

Lombard Odier IM inks distribution deal with Cofunds, Hargreaves Lansdown

Lombard Odier Investment Managers (LOIM), the asset management arm of the Lombard Odier Group, has signed distribution deal with Cofunds and Hargreaves Lansdown.

Nikko Asset Management unveils new Asia ex-Japan Equity UCITS fund

Japan-based Nikko Asset Management has unveiled a new Asia ex-Japan Equity UCITS fund, which will be managed by Asia ex-Japan equities team led by portfolio managers Peter Sartori and Eng Teck Tan.

SS&C Technologies buys Primatics Financial for $122m

SS&C Technologies, a provider of financial services software and software-enabled services, has agreed to acquire Primatics Financial from Carlyle Group for $122m on a cash and debt free basis.

Attivo Group buys C R Toogood Financial Planning

Attivo Group, a Gloucestershire -based wealth management firm, has purchased C R Toogood Financial Planning, an IFA based in East Horsley, Surrey, for an undisclosed sum.

Avaloq to acquire quirin bank’s stake in Avaloq Sourcing (Deutschland)

Swiss banking solutions provider Avaloq Group has agreed to buy Berlin-based quirin bank’s minority stake in Avaloq Sourcing (Deutschland) for an undisclosed sum.

SEI launches new global compliance solution

SEI has launched a new global regulatory risk and compliance platform for handling regulatory demands throughout investment firms.