All articles by Verdict Staff

Verdict Staff

Legg Mason partners with Hand Benefits & Trust to launch new funds

Legg Mason has launched a new series of nine target retirement collective investment funds, the 401(k) Roadmap Funds (Roadmap Funds), which are sponsored and maintained by Hand Benefits & Trust Company (HB&T), a Benefits Plans Administrative Services Company (BPAS).

BNP Paribas names new group chairman

French banking major BNP Paribas has named Jean Lemierre as new director and chairman of the board of directors, replacing Baudouin Prot.

RBC appoints new board member

Royal Bank of Canada (RBC) has named Toos Daruvala to its Board of Directors, effective 1 January 2015.

Rothschild names new executive chairman for wealth and trust unit

Rothschild has reportedly appointed Bruno Pfister as new executive chairman of its wealth management and trust unit, and chairman of the board of Rothschild Bank Zurich.

Dutch Government may sell stake in ABN AMRO next year – report

The Dutch government is likely to sell its first stake in ABN AMRO through an initial public offering (IPO) next year.

Gulf Finance House eyes asset management acquisitions: report

Gulf Finance House (GHF), a Bahrain-based financial investment group, is reportedly in talks to acquire two asset management firms for $500m.

Charitable giving can create positive, lasting impact and inspire others: TDBank

Nearly 95% of Americans donating to charity each year and almost half of those aged 16 or older volunteering their time, according to a new report from TD Economics.

Central Bank of Bahrain to create sharia board for Islamic banks

Bahrain’s central bank is planning to establish a central sharia board to manage Islamic finance products in the kingdom, said the central bank governor Rasheed al-Maraj.

Wealthcare plans to double its size at Bury base

UK financial advisory firm Wealthcare is reportedly seeking to double in size after relocating to a new base in Bury.

LSE completes acquisition of Russell Investments

The London Stock Exchange Group (LSE) has completed the acquisition of Russell Investments from Northwestern Mutual for $2.7bn.