All articles by Verdict Staff

Verdict Staff

RBS offloads Luxembourg funds business to BlackFin

State-backed British lender Royal Bank of Scotland (RBS) has sold its Luxembourg-based funds business to private equity firm BlackFin Capital Partners for an undisclosed amount.

Summit Trail lures $500m advisory team from Barclays Wealth

Summit Trail Advisors, a newly formed independent advisory firm of Dynasty Partners, has lured a team of two financial advisors from Barclays Wealth Management that managed more than $500m in assets under management.

SS&C Technologies to buy Citigroup’s alternative investor services business

SS&C Technologies, a provider of financial services software and software-enabled services, has agreed to acquire Citigroup’s alternative investor services business for $425 million.

New Capital appoints ex-Hermes fund manager to launch new UK equity fund

New Capital, a unit of EFG Asset Management, has hired UK equity fund manager John Leahy from Hermes to roll out a new UK equity fund.

OMGI launches offshore equity income fund

Old Mutual Global Investors (OMGI) has launched an offshore global income fund in response to the client demand for an income product run by the global equities team of the group.

New independent art advisory firm launched in UK

Cadell + Co, the first independent art advisory business to win approval from the UK’s FCA, has been launched.

Ant Financial unveils new wealth management app for Chinese investors

Ant Financial Services Group (AFSG), the financial services affiliate of Alibaba Group, has rolled out a new wealth management smartphone app that allows users to purchase into hundreds of Chinese funds.

Santander Private Bank to slash jobs in Jersey

Santander Private Bank is planning to cut 34 jobs in Jersey, reducing the bank’s current local workforce from 102 to 68.

BNY Mellon names new global tax services head

BNY Mellon has named Mariano Giralt as new head of global tax services.

LPL Financial selects Advisor Launchpad for digital marketing solution

LPL Financial has selected Advisor Launchpad, a digital marketing solution provider for financial advisors, for its new Vendor Affinity Program.