All articles by Verdict Staff
Verdict Staff
Natixis Global Asset Management closes NexGen Financial acquisition
Natixis Global Asset Management has completed indirect acquisition of all the outstanding common shares of NexGen Financial for consideration consisting of CA$7.25 cash per common share, for an enterprise value of approximately CA$35m.
Singapore reprimands JPMorgan for breach of financial advisers act
The Monetary Authority of Singapore (MAS) has reprimanded the Singapore branch of JPMorgan Chase for breaching the Securities and Futures Act (SFA) and the Financial Advisers Act (FAA).
U.S. Bank Wealth Management expands Las Vegas team
U.S. Bank Wealth Management, the wealth management unit of U.S. Bancorp, has appointed Ena Licina as vice president, trust relationship manager, for its Private Client Reserve in Las Vegas.
Manulife Asset Management posts sales growth, adds new investment capabilities
Manulife Asset Management, the investment management arm of Manulife, is experiencing another strong year featuring global sales and asset growth, expanded investment capabilities and thought leadership.
Grant Thornton hires new private client director
Grant Thornton, a UK-based assurance, tax and advisory firm, has hired Paul Harris as new private client director for its Norwich office.
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French prosecutors probe Credit Mutuel over tax evasion: report
French prosecutors have launched an investigation into Credit Mutuel-CIC over charges of tax fraud involving its Geneva-based subsidiary Banque Pasche.
Ravenscroft completes acquisition of Jacksons CI Group
Ravenscroft Investments has completed the acquisition of the Jacksons CI Group for more than £40m.
Assets invested in ETFs/ETPs listed in US crosses $2trn dollar milestone: ETFGI
Assets invested in ETFs/ETPs listed in the US have broken through the $2trn milestone, according to new research by ETFGI.
Artisan Partners to open new office in Australia
Artisan Partners Asset Management is set to open a new office in Sydney, Australia, which will be operated through its Australian subsidiary Artisan Partners Australia.
China to allow more private firms start banking business -report
China will permit more private firms to start banking operations and let more private capital enter into the banking sector, state media quoted Shang Fulin, chairman of China Banking Regulatory Commission (CBRC), as saying.