All articles by Verdict Staff

Verdict Staff

BMO Financial rebrands asset management business in EMEA

BMO Financial Group has rebranded its asset management business in Europe, the Middle-East and Africa (EMEA) as BMO Global Asset Management.

JTC buys Kleinwort Benson’s fund administration business

JTC has acquired Kleinwort Benson’s fund administration business in the Channel Islands as well as South Africa for an undisclosed sum.

Prudential Advisors names new head of Advisor Services

Prudential Advisors has appointed Peter Gayle as head of a newly created function, Advisor Services.

Brown Shipley acquires advice firm Hampton Dean

British private bank Brown Shipley has acquired a Nottingham-based financial planning firm Hampton Dean for an undisclosed sum.

Old Mutual Emerging Markets gets new finance director

Old Mutual has named Iain Williamson as new finance director of Old Mutual Emerging Markets (OMEM), effective 1 August 2015.

BNP Paribas launches its first RQFII license fund

BNP Paribas Investment Partners (BNPP IP) has launched a fund that offers access to Chinese ‘A’ shares through its RMB Qualified Foreign Institutional Investor (RQFII) status.

Privatbank Von Graffenried reaches deal with US to settle tax evasion probe

The US Department of Justice (DoJ) has reached a resolution with Switzerland-based Privatbank Von Graffenried over the tax evasion cases under its Swiss Bank Program.

SEI names new sales head for UK private banking business

SEI has hired Andrew Booker as new head of sales within its private banking business in the UK.

US seeks extradition of FIFA officials from Switzerland

The US has requested Switzerland to extradite the seven FIFA officials arrested in Zurich in May 2015 on suspicion of taking bribes worth over 100 million dollars.

Euroz to acquire Australian wealth manager Entrust Private Wealth

Euroz, a Perth-based stockbroking and funds management firm, has agreed to purchase Entrust Private Wealth Management, which has FUM of $565m, for about $7.8m.