All articles by Verdict Staff
Verdict Staff
FIS to acquire SunGard for $9.1bn
FIS, a provider of banking and payments technology solutions, has agreed to buy US-based financial software firm SunGard in a cash-stock deal worth $9.1bn.
Credit Suisse appoints new CEO for Mexico
Swiss private banking giant Credit Suisse has named Pedro Jorge Villarreal as new CEO of Mexico, replacing Hector Grisi.
Equistone completes management buyout of Wealth at Work
Equistone Partners Europe, an investment firm owned by former executives of Barclays Private Equity, has completed the £50m management buyout of financial services company Wealth at Work from Palatine Private Equity.
Objectway to acquire BETA Global from Thomson Reuters
Objectway, a provider of software and services to the EMEA investment management industry, has agreed to buy BETA Global, a wealth and investment transaction processing system, from Thomson Reuters.
Fortnum Financial to merge with netwealth subsidiary FPSA
Financial planning licensee Fortnum Financial has agreed to merge with netwealth’s subsidiary Financial Planning Services Australia (FPSA), creating a new entity.
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Julius Baer appoints Jimmy Lee to head Asia Pacific
Jimmy Lee will replace Dr Thomas R. Meier as head of Asia Pacific at Julius Baer, effective 1 January 2016.
Hargreave Hale opens new office in Norwich
Hargreave Hale has opened a new office in Norwich, which will be led by former Brewin Dolphin investment manager Richard Larner, reported citywire.co.uk.
City Financial to buy multi-asset range from Investec Wealth & Investment
City Financial has agreed to acquire the Assetmaster fund range from Investec Wealth & Investment, adding 10 funds with total assets of £204m.
Sliced Investing unveils new alternative investments platform for RIAs
Sliced Investing, an investment platform that provides investors access to hedge funds and private equity, has unveiled a new platform that offers registered investment advisors access to a suite of alternative investments.
Old Mutual Wealth sets up new investment division, restructures management
Old Mutual Wealth has established a new investment division, which will be headed by Quilter Cheviot CEO Martin Baines.