All articles by Verdict Staff
Verdict Staff
Schroders bolsters global fixed income team with new appointments
Schroders has expanded its global fixed income team with the appointment of five new members.
Aegon buys 25% stake in La Banque Postale Asset Management
Aegon, a life insurance, pensions and asset management company, has acquired a 25% stake in Frances La Banque Postale Asset Management (LBPAM) for EUR112.5m.
CPA Australia to establish new financial advice firm
Accounting firm CPA Australia has unveiled plans to launch financial advice company, branded as CPA Australia Advice, to be set up as the firm’s wholly-owned subsidiary.
HSBC to pay $43m to settle Geneva tax evasion probe
British financial services firm HSBC has agreed to pay CHF40m ($43m) to settle a money laundering investigation lodged by Geneva authorities at its Swiss private bank.
RBC Investor & Treasury Services selected as global custodian by Bermuda Commercial Bank
RBC Investor & Treasury Services, part of Royal Bank of Canada, has been appointed by Bermuda Commercial Banks custody division (BCB) as its provider of global custody.
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StanChart executive to launch new Africa-Asia-focused private equity fund
A Dubai-based board member of Standard Chartered is reportedly planning to depart from the London-based bank to launch a private equity fund focused on Africa, the Middle East, South Asia and Southeast Asia.
Carne Group names new CEO of Luxembourg office
Carne Group, a provider of independent governance solutions for the asset management sector, has hired Steve Bernat as the new CEO of its Luxembourg office.
BNY Mellon Investment Management closes SMA business in Asia
BNY Mellon Investment Management has shut down its separately managed account (SMA) business in Asia.
Iress to acquire Australian boutique firm Innergi
Iress, an Australian financial services provider, has agreed to acquire Innergi, a content and communications provider to financial advisors based in Australia.
Old Mutual Wealth names head of responsible business
Old Mutual Wealth has appointed Towers Watson’s Jane Goodland in the newly created role of head of responsible business.