All articles by Verdict Staff

Verdict Staff

Argentina bans HSBC from making foreign money transfers

The Central Bank of Argentina, acting through the Superintendency of Financial and Exchange Entities (Sefyc), has banned HSBC Bank Argentina from conducting foreign currency and bond transfers abroad for 30 days.

Kames Capital expands fixed income team

Kames Capital, a specialist investment management business, has strengthened its fixed income team by appointing Mark Benbow as an investment analyst focusing on high yield bonds.

Tullett Prebon expands its US operations

British interdealer brokerage Tullett Prebon has agreed to acquire 40 brokers from Murphy & Durieu, a New York-based inter-dealer brokerage services firm, to accelerate the growth of its US operations.

Pimco not to take acquisition route to grow equities business

Investment management firm Pimco will not go for fresh acquisitions to expand its equities business, one of the firm’s senior executive told German weekly Euro am Sonntag.

Former SEC chief accountant rejoins EY

Jaime L Eichen, former chief accountant for the division of investment management at the US Securities and Exchange Commission (SEC), has rejoined EY as a partner in the professional practice group with a focus on the wealth and asset management sector.

Investec Private Bank names new business development manager for HNW offering

Investec Private Bank has hired Peter Izard as business development manager for its high-net-worth (HNW) and professional mortgage range.

BlackRock rolls out UK version of global multi asset fund

BlackRock has rolled out a new UK-domiciled version of its offshore $1.7bn BlackRock Global Multi Asset fund that seeks to provide an outcome-orientated approach to income investing via a globally diversified portfolio.

Standish enhances LDI overlay capabilities

Standish Mellon Asset Management Company, a BNY Mellon investment boutique specializing in fixed income, has named Max Guimond to the newly created position of solutions strategist for its Liability Driven Investing (LDI) group.

BNP Paribas Wealth Management publishes its investment strategy for 2015

BNP Paribas Wealth Management has published its global economic outlook for 2015, highlighting ten main investment themes to enable its clients to direct their investments to growth themes.

Aquiline Capital acquires minority stake in Virtus Partners

Aquiline Capital Partners, a US-based private equity firm investing in financial services, has acquired a minority stake in Virtus Partners, a provider of technology-enabled, fixed-income collateral administrative services.