All articles by Verdict Staff

Verdict Staff

Novo Banco closes sale of BESI to Haitong Securities

Portugal’s Novo Banco has completed the sale of its investment banking unit, Banco Espirito Santo de Investimento (BESI), to China’s Haitong Securities.

Bedell Trust buys majority stake in Singapore Trust Company

Bedell Trust, a Jersey-based independent trust company, has acquired a majority stake in Singapore Trust Company (STC), a fiduciary and corporate services business in Singapore, in a move to strengthen its global presence.

JPMorgan Asset Management unveils new UK equity fund

JPMorgan Asset Management (JPMAM) has launched a new long/short UK equity fund as part of its active extension range.

Vontobel Wealth Management names new senior relationship manager for Asia Pacific

Vontobel Wealth Management Asia Pacific has named Tony Lai as new senior relationship manager in Hong Kong, effective 28 August 2015.

Northern Trust names new EMEA sales head

Northern Trust has named Douglas Gee as its new head of sales for its asset servicing unit in Europe, Middle East and Africa (EMEA).

SS&C Technologies appoints leadership team for Advent Software business unit

SS&C Technologies, a provider of financial services software and software-enabled services, has appointed a leadership team for its recently purchased Advent Software business unit.

KBL epb net profit surges 44% in H1

Luxembourg-based KBL European Private Bankers (KBL epb), parent of UK-based Brown Shipley, has reported a net profit of EUR72m for the first half of 2015, an increase of 44% compared to EUR50m for the same period last year.

Standard Chartered names new CEO for Singapore

Standard Chartered has named Judy Hsu as its new Singapore CEO, with effect from 1 October 2015.

BigFuture launches new cloud based wealth advice service

Fintech start-up BigFuture has introduced a new cloud based wealth advice service called BigFuture.com.au.

CRUX Asset Management rolls out new fund

CRUX Asset Management, an employee-owned investment management firm, has launched the new FP CRUX European Fund.