All articles by Verdict Staff
Verdict Staff
Pramerica to acquire Deutsche Banks asset management business in India
Mutual fund house Pramerica, jointly owned by Dewan Housing Finance Corporation and US-based Prudential Financial, has agreed to acquire Deutsche Banks asset management business in India.
Kinetic Super appoints head of product
Australia-based Kinetic Super has expanded its management team by appointing Amanda Ralph as head of product, a newly created role.
IFP plans to merge with CISI
The Institute of Financial Planning (IFP) is planning to merge with the Chartered Institute of Securities and Investment (CISI) to accelerate growth of the financial planning profession in the UK.
Australian super funds to utilize Financial Synergy’s CRM software Acurity
Australian super funds Tasplan and Quadrant have decided to retain Financial Synergy’s CRM platform Acurity even after they start operating as one entity from November 2015 under the Tasplan brand.
SEI Wealth Platform flows up 30% in UK
SEI Wealth Platform has registered growth of over 30% in its UK private banking business in the first half of 2015, with net flows reaching £1.6bn.
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Community Bank Wealth Management opens new office in New York
Community Bank Wealth Management Group, a subsidiary of Community Bank System, has expanded its footprint by opening a new office in Plattsburgh, New York.
Three more Swiss banks reach tax evasion deal with US DoJ
Swiss banks Privatbank Reichmuth & Co, Banque Cantonale du Jura (BCJ) and Banca Intermobiliare di Investimenti e Gestioni (Suisse) (BIM Suisse) have reached resolutions with the US Department of Justice (DoJ) over the tax evasion cases under the department’s Swiss bank programme.
UK, Ghana sign tax deal to clamp down on tax evasion
The UK government has signed a tax deal with Ghana to help the West African nation step up its efforts to clamp down on tax evasion, boost revenues and enhance public services.
AXA IM appoints new director of private banking coverage for Asia
AXA Investment Managers (AXA IM) has hired Kelly Ng director of private banking coverage for Asia in a bid to bolster its coverage in the segment.
CAPTRUST Financial merges with MFP Strategies
CAPTRUST Financial Advisors, a US-based wealth management and retirement plan advisory firm, has completed its merger with Bethlehem, Pennsylvania-based advisory firm MFP Strategies.