All articles by Verdict Staff
Verdict Staff
UK and Canada regulators collaborate to support fintech innovation
The UK’s Financial Conduct Authority (FCA) has signed an agreement with Canadian regulator Ontario Securities Commission (OSC) to support fintech startups in the two jurisdictions.
HSBC names new chief for Singapore business
British banking group HSBC has named Tony Cripps, currently head CEO of HSBC Australia, as new CEO of its Singapore operation, effective 3 April 2017.
UBS to launch youth talent program in Taiwan
UBS has inked an agreement with the National University of Taiwan (NTU) to launch a youth talent program to create skilled manpower for financial services industry.
Julius Baer International bolsters London team
Julius Baer International has hired Loris Vallone, Luke Downes and Ella Riesco to strengthen its London team.
PIMCO introduces its first interval fund
American investment management firm PIMCO has launched its first interval fund, called PIMCO Flexible Credit Income Fund.
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Northern Trust, IBM develop blockchain solution for private equity industry
Northern Trust has joined forces with technology giant IBM for the commercial deployment of blockchain technology for the private equity market.
Lloyds annual pre-tax profit surges to £4.2bn
Lloyds Banking Group has reported a statutory pre-tax profit £4.23bn for the year ended 31 December 2016, a huge surge compared to £1.64bn a year ago.
Berkshire pension fund takes 20% stake in Gresham House
The Royal County of Berkshire Pension Fund has acquired a 20% stake in British specialist asset manager Gresham House.
Willis Towers Watson launches asset management marketplace
British advisory firm Willis Towers Watson has launched low-cost asset management marketplace, called Asset Management Exchange (AMX).
AFH buys Devon-based IFA Bay Financial Management
AFH, a UK-based financial planning led wealth management firm, has acquired Bay Financial Management, a Devon-based IFA.