All articles by Verdict Staff
Verdict Staff
BNP Paribas Securities Services takes stake in fintech startup Fortia
BNP Paribas Securities Services has acquired a minority stake in Fortia Financial Solutions, a fintech startup that focuses on artificial intelligence, machine learning and business process monitoring to help firms meet compliance needs.
Deutsche Bank fined $630m over money laundering claims
Deutsche Bank has agreed to pay $630m in total to US and UK authorities to settle allegations of engaging in a money laundering scheme to move money out of Russia, and for exposing the UK financial system to the risks of financial crime.
FundRock Management Company sets up new office in Dublin
FundRock Management Company, a Luxembourg-based alternative investment fund manager company, has expanded its European presence by launching a new office in Dublin, Ireland.
LGIM names personal investing head for UK direct business
Legal & General Investment Management (LGIM) has appointed Helena Morrissey as head of personal investing for its UK direct business.
Smith & Williamson H1 operating income rises 10%
Smith & Williamson, a UK-based investment management, accountancy and tax group, has posted operating income of £117.5m for the first half of fiscal 2017, up 10% compared to £106.5m a year ago.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Global investors planning to grow presence in Europe: EY report
Global investors continue to have strong investment appetite in Europe despite current geopolitical and financial market volatility, with 56% of investors planning to grow their presence in Europe over the next three years, according to the EY 2017 European attractiveness survey Plan B for Brexit.
Wells Fargo names new APAC president
Wells Fargo & Company has named Jafar Amin as the new regional president for its Asia Pacific (APAC) region, replacing interim regional president Jim Johnston.
Credit Suisse shuffles top management in Luxembourg
Credit Suisse (Luxembourg) has named its current CEO Yves Maas as the new chairman of its Board of Directors, effective 1 February 2017.
Private Bancorp of America to launch private bank branch in Beverly Hills
Private Bancorp of America, the parent company of San Diego Private Bank, has unveiled plans to launch Los Angeles Private Bank, a division of San Diego Private Bank, in Beverly Hills by mid-2017.
Linedata buys Gravitas Technology Services
French investment management software firm Linedata has agreed to take over Gravitas Technology Services, a provider of middle office and technology services to the asset management industry.