All articles by Verdict Staff

Verdict Staff

BNP Paribas CIB names new financial institutions coverage head

BNP Paribas CIB has appointed José Placido as its new head of financial institutions coverage (FIC), with effect from 1 July 2015.

Barclays plans to foray into Kenyan asset management market

Barclays Africa Group is planning to venture into the asset management business in Kenya in 2015 following a recent deal to buy a majority stake in insurer Kenya First Assurance.

Westpac adviser sets up wealth management firm in Sydney

Westpac financial adviser David Simon has exited the group to set up his own private wealth firm in Sydney.

State Street Global Advisors names new CIO for alternatives

State Street Global Advisors, the asset management unit of State Street, has named Michael Ho as the chief investment officer (CIO) for alternatives.

Vatican signs FATCA deal with US to crackdown on tax evasion

The Vatican has signed its first inter-governmental deal with the US to improve international tax compliance and the exchange of tax information in view of the U.S. Foreign Account Tax Compliance Act (FATCA).

Salient Partners completes acquisition of Forward Management

Salient Partners has completed its acquisition of Forward Management, creating a $27bn diversified asset management firm.

Guernsey regulator signs MoU with Gibraltar counterpart

The Guernsey Financial Services Commission (GFSC) has signed a memorandum of understanding (MoU) with the Financial Services Commission in Gibraltar (FSC).

Japan Post in talks with Nomura, Sumitomo Mitsui over asset management JV

Japan Post is holding negotiations with Nomura and Sumitomo Mitsui Trust to create an asset-management joint venture.

Schroders rolls out new emerging market multi-asset fund

British asset management firm Schroders has launched a yield-focused multi-asset income fund focused on emerging markets.

Australia’s MLC Private Equity to open office in New York

MLC Private Equity, part of National Australia Bank (NAB), is set to open a office in New York, which will be led by Andrew Kwee.