All articles by Verdict Staff
Verdict Staff
HSBC to dispose Brazil, Turkey operations, to expand footprint in Asia
British banking giant HSBC intends to sell its operations in Brazil and Turkey, shrink its investment bank and cut up to 25,000 jobs globally in a bid to slash costs and bolster returns to shareholders.
Tilney Bestinvest names new CFO
Tilney Bestinvest, a UK-based investment and financial planning firm, has appointed Stuart Layzell as its new chief financial officer.
Morningstar appoints CIO and portfolio management head for EMEA
Morningstar Investment Management has named Dan Kemp as its new chief investment officer (CIO) for EMEA region and Robin Johnson as head of portfolio management, EMEA.
Waverton Investment Management bolsters managed funds team
Waverton Investment Management has named William Tong as new business development manager for its managed funds service team.
Succession snaps up DNG Financial for £2.9m
Adviser consolidator Succession has acquired Northamptonshire-based DNG Financial Solutions for £2.9m.
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Brokers rank regulation, capital efficiency, pricing as top concerns for 2015: TABB
Futures Commission Merchants (FCMs) have been challenged during the past year by capital constraints and declining margins, creating serious concerns about the future viability of their business models, according to Annual TABB FCM study.
Withers opens tax practice in Japan
British law firm Withers has strengthened its footprint in Asia by launching tax practice in Tokyo, Japan.
SYZ Asset Management rolls out seven funds on Novia platform
SYZ Asset Management has launched seven new OYSTER funds on UKs Novia platform, which is mainly used by wealth managers and IFAs.
Woodford Investment Management pumps £21m into AJ Bell
Woodford Investment Management has invested £21m in AJ Bell, a self-invested pension and platform services provider.
Deutsche Bank probing $6bn suspected money laundering by Russian clients
Deutsche Bank is conducting an internal investigation a possible money laundering transactions by some of its Russian clients, which is expected to exceed $6bn.