All articles by Verdict Staff
Verdict Staff
MUFG to buy UBS global alternative fund services business
MUFG Investor Services, the global asset servicing unit of Japan’s Mitsubishi UFJ Financial Group, has agreed to acquire UBS Global Asset Managements alternative fund services (AFS) business.
Hana Financial opens China-focused private banking center in Seoul
South Koreas Hana Financial Group has opened a private banking centre focusing on Chinese customers in Yeoksam-dong, southern Seoul.
Avaloq implements wealth management platform for Canaccord Genuity
Avaloq, a provider of wealth management and banking solutions, has implemented its first fully-integrated UK wealth management platform for Canaccord Genuity Wealth Management.
Charles Stanley posts loss; to sell securities arm
British wealth manager Charles Stanley has posted loss before tax of £6.1m for the year ended 31 March 2015 as against profit of £6.1m a year ago.
Maitland receives FCA approval for Phoenix Fund Services acquisition
Maitland, an advisory, fund administration and fiduciary services firm, has received approval from the Financial Conduct Authority for its 100% acquisition of Phoenix Fund Services, a UK based company offering outsourced fund administration services to investment managers in the UK and offshore.
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Three-quarters of broker-dealer and RIA executives see a talent crisis in the industry: Fidelity
A new Fidelity Institutional poll found that nearly three-quarters (72% ) of broker-dealer and registered investment advisor (RIA) firm executives believe that there is a talent shortage in the industry, and acquiring or recruiting new talent is one of their firms top three strategic priorities.
Union Bank names new wealth markets group head
MUFG Union Bank in San Francisco has named Michael Feldman as the new head of its wealth markets group.
Sanlam Private Wealth names new business development head
Sanlam Private Wealth has hired Rob McDonnell as its new head of business development. He will also be a member of the firm’s executive committee.
Julius Baer probes its involvement in FIFA corruption case
Swiss banking group Julius Baer has launched an internal probe of money transfers related to a FIFA corruption case.
EY to buy Integrc to boost GRC client offering
Consulting firm EY has agreed to acquire Integrc, a privately owned governance, risk and compliance (GRC) services to companies that run SAP, to bolster its governance, risk and compliance consulting services.