All articles by Verdict Staff
Verdict Staff
Taiwan releases new regulation for offshore managers
Taiwan’s Financial Supervisory Commission (FSC) has published a new bunch of laws to further regularise fund distribution for offshore asset managers.
BofA Merrill Lynch names co-heads of global investment banking
Bank of America Merrill Lynch has promoted two of its senior investment bankers- Karim Assef and Diego De Giorgi- in the role of co-heads of global investment banking.
ALPS to buy Red Rocks Capital for $65m
ALPS, a Colorado-based outsourcing services provider to mutual fund firms, is set to acquire private equity asset manager Red Rocks Capital for $65m.
Regions Bank appoints two wealth management executives
Regions Bank has appointed Alan McKnight as the new chief investment officer of Regions Wealth Management, and John Parker as the new head of Regions Institutional Services.
Credit Suisse names new CEO for Australia
Credit Suisse Group has named John Knox, co-head of investment banking, as the new CEO for its Australia business, effective 1 May 2015.
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JTC gets registration status in Malta
JTC has secured a registration status from the Malta Financial Services Authority (MFSA) which will allow it to offer professional services to third parties including corporate entities from the jurisdiction.
Genpact launches new wealth management platform
Genpact, a provider in designing, transforming, and running intelligent business operations, has launched an end-to-end wealth management service for banks, brokers, insurers and asset managers called Genpact OpenWealth.
Majority of Gen Y don’t think they need financial advice: KPMG study
Over 80% of university educated, well paid Generation Y professionals do not feel the need of financial advice, according to a report by KPMG.
Fidelity launches new solution for mass affluent investors
Fidelity Clearing and Custody, a unit of Fidelity Investments, has joined forces with FirstPoint Financial, a subsidiary of Mariner Holdings, to provide its registered investment advisors (RIA) access to client segmentation solutions.
Hargreaves Lansdown to roll out Asia and emerging markets fund
British investment manager Hargreaves Lansdown is set to launch an Asia and emerging markets vehicle at the end of this month.