All articles by Verdict Staff

Verdict Staff

Swiss Life completes takeover of German real-estate firm Corpus Sireo

Swiss Life, a pension and insurance group, has completed the acquisition of German real-estate firm, Corpus Sireo for EUR210m following the receipt of regulatory approval from relevant authorities.

CRI acquires wealth firm Level Four Advisory Services

US-based accounting firm Carr, Riggs & Ingram (CRI) has purchased wealth management firm Level Four Advisory Services to provide a comprehensive range of financial advisory services.

RBC GAM expands its Luxembourg-domiciled SICAV range

RBC Global Asset Management (RBC GAM) has expanded its Luxembourg-domiciled SICAV range by launching a new RBC Funds (Lux) Asia Ex-Japan Fund.

AXA Wealth overhauls its management team

AXA Wealth has overhauled its management team by appointing David Thompson, former MD for AXA’s platform Elevate, as new managing director of business development and proposition.

Affluent household outlook reaches pre-recession high, says Spectrem

The Spectrem Affluent Household Outlook gained 5.5 points in September to 29.90, its highest reading since April 2007.

Nevada State Bank expands private banking team

Nevada State Bank has hired Janet Mello to head up its private banking office in Reno, Nevada.

Moldova tightens noose around bankers involved in $20bn money laundering scam

Moldova is reportedly planning to charge four or five bankers with money laundering for allegedly aiding transfer nearly $20bn in illicit cash from Russia to Latvia.

Joseph Rickenbacher to resign from FINMA’s Board of Directors

Joseph Rickenbacher will resign for personal reasons from the Board of Directors of the Swiss Financial Market Supervisory Authority FINMA at the end of October 2014.

SGSS rolls out new outsourcing service for broker-dealers

Societe Generale Securities Services (SGSS) has rolled out a new outsourcing service aimed at institutional brokers, mid-tier banks and broker-dealers.

Novia strengthens sales team with a number of new recruits

Novia, the online wrap provider has recruited a new regional sales manager Neil Parker, as part of its objective to strengthen team.