All articles by Verdict Staff
Verdict Staff
SJP to move its entire IT infrastructure to cloud
St James’s Place (SJP), a UK-based wealth management firm, has started a project to migrate its entire IT infrastructure to Amazon Web Services (AWS), to meet scalability requirements and focus on its core financial business rather than data centre management.
KPMG elects its first woman CEO
KPMG in the US has elected Lynne Doughtie as its new chairman and CEO, for a five-year term starting 1 July 2015.
Old Mutual Wealth hires two business development directors
Old Mutual Wealth has appointed Russell Bignall and Sean Mcguire to the newly-created roles of business development director as part of its growth strategy.
LIM Advisors appoints new Asia fixed income and credit head
LIM Advisors, a multi-strategy investment group based in Hong Kong, has named Donald Ewer as its new fixed income and credit head for Asia.
AllianceBernstein selects Multrees as administration and custody provider
AllianceBernstein has selected Multrees as the provider of administration and custody for its retirement income solution Retirement Bridge.
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FCA fines Merrill Lynch International £13.2m for transaction reporting failures
Merrill Lynch International (MLI) has been fined £13,285,900 by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.
NOVIA signs up to Origos transfer options service
Novia has signed up to Origos Options Transfers service to facilitate increased efficiencies for pension and investment asset transfers for clients and advisers.
BlackRock names new Japan country head
BlackRock has appointed Yoshiyuki Izawa as its new chairman, representative director and country head of Japan.
Lightyear Capital acquires majority stake in Wealth Enhancement Group
New York-based private equity firm Lightyear Capital has bought a majority equity stake in Wealth Enhancement Group, an independent wealth management firm based in Greater Minneapolis.
Man Group expands AHL fund range
Man Group, a London-based asset manager, has strengthened its computer-driven AHL fund range by launching four new Ucits funds.