All articles by Verdict Staff

Verdict Staff

BNY Mellon names new country executive for Korea

BNY Mellon has appointed Sang Don Ji as the country executive for Korea and manager of its Seoul branch, replacing Yoon Soo Kim who has retired after nine years with the firm.

ANZ cash profit surges 31% in Q1

Australia & New Zealand Banking Group (ANZ) has posted cash profit of A$2bn for the first quarter of fiscal 2017, an increase of 31% compared to the quarterly average of the second half of the financial year 2016.

Abu Dhabi, Australia regulators sign cross-border collaboration agreement

Abu Dhabi Global Market (ADGM) and Australian Prudential Regulation Authority (APRA) have inked a memorandum of understanding (MoU) to support cross-border collaboration in their financial markets.

Ascot Lloyd names head of advice

Ascot Lloyd, a British advisory firm specialising in financial planning, wealth management and corporate benefit solutions, has appointed Jade Connolly as its head of advice.

Old Mutual Wealth strengthens board with three new appointments

Old Mutual Wealth has appointed Rosie Harris, George Reid and Tim Tookey as independent non-executive directors on its board.

New York announces new cybersecurity regulations

New York governor Andrew Cuomo has announced a cybersecurity regulation that will protect consumer data and financial systems from terrorist organisations and other cyber criminals.

Advisers optimistic on US equities despite volatility concerns

Despite volatility concerns owing to political uncertainties, advisers had a positive outlook on US equities at the start of 2017, according to a survey by Eaton Vance.

Natixis appoints new debt capital markets global head

French banking group Natixis has hired Michael Haize as global head of debt capital markets.

DBS net profit down 9% in Q4

Singapore-based lender DBS has reported a net profit of SGD913m for the fourth quarter of 2016, a 9% decrease compared to SGD1bn for the same period in 2015.

Mercer partners with Decimal Software for digital advice

Consulting firm Mercer and Australia-based Decimal Software have announced a partnership, under which Mercer will offer Decimal’s Eqilize digital advice solution across the super funds it services.