All articles by Verdict Staff
Verdict Staff
Raymond James & Associates lures $220m advisory team from Wells Fargo
Raymond James & Associates has lured a team of advisers from the advisory unit of Wells Fargo & Co.
Willis completes acquisition of IFG’s Irish pension and financial advisory businesses
Willis Ireland has completed acquisition of IFG Groups several Irish pension and financial advisory businesses, and has also secured the required regulatory approvals.
BlackRock expands its suite of ESG related products
BlackRock has bolstered its Environmental, Social and Corporate Governance (ESG)-related products range by launching new iShares MSCI ACWI Low Carbon Target ETF (CRBN) on the New York Stock Exchange.
CFOs rate US economy at highest level since recession
CFOs believe the US economy is at its highest level since the 2008 recession and anticipate growth in their sales, workforce and companies in 2015, according to the Bank of America Merrill Lynch 2015 CFO Outlook survey results.
Nomura names new EMEA CEO
Japanese investment bank Nomura has named Jonathan Lewis as its new CEO for Europe, Middle East and Africa (EMEA), subject to regulatory approval.
Allianz partners Manulife to co-invest in US real estate
Allianz, a Germany-based insurance and asset management company has signed an arrangement with Manulife Asset Management Private Markets, the private asset management arm of Manulife, to co-invest up to $1bn in US real estate.
Mitsubishi UFJ Financial to merge asset management subsidiaries next year
Mitsubishi UFJ Financial Group (MUFG) is planning to merge its two asset management subsidiaries on 1 July2015 to improve business efficiency.
BNP Paribas names new CEO for China
BNP Paribas has named Peter Kwok as new chief executive officer of BNP Paribas (China), replacing Clarence Tao.
Hedge fund launches slow as assets, global equities reach record levels, says HFR
New hedge fund launches slowed to conclude the volatile third quarter as total hedge fund industry capital posted a narrow gain to rise to a new record of $2.82trn, according to HFR.
BNP Paribas IP launches new subsidiary in Shanghai FTZ
BNP Paribas Investment Partners (BNPP IP) has launched a wholly foreign-owned subsidiary in the Shanghai Free Trade Zone (Shanghai FTZ) as part of its plans to provide investment capabilities to institutional investors in China.