All articles by Verdict Staff
Verdict Staff
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.
FactSet to snap up acquire Interactive Data Managed Solutions
US-based financial data and software firm FactSet has agreed to acquire Interactive Data Managed Solutions (IDMS), a managed solutions and portal provider for the global wealth management industry, from Intercontinental Exchange.
Quilter Cheviot to take over Attivo Investment Management
British investment manager Quilter Cheviot, which was acquired by Old Mutual Wealth in 2015, has agreed to acquire Attivo Investment Management for an undisclosed sum.
UBS net profit slumps 22% in Q4
Swiss wealth manager UBS has reported a net profit of CHF738m for the fourth quarter of 2016, a 22% decrease compared to CHF949m for the same quarter of 2015.
Hargreaves Lansdown names new CEO and CFO
British investment manager Hargreaves Lansdown has appointed Chris Hill as its new CEO and Philip Johnson as its new CFO.
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HSBC Private Bank names central region head
HSBC Private Bank has appointed Bill Shannon as the new head of the central region.
Citigroup to pay $18.3m in fine to settle charges of overbilling advisory clients
Citigroup Global Markets has agreed to pay $18.3m to the US Securities and Exchange Commission (SEC) to settle allegations of overbilling investment advisory clients and misplacing client contracts.
Mayfair Private sets up subsidiary in Dubai
Mayfair Private, an independent private client advisory business wholly-owned by London-based law firm Mishcon de Reya, has launched a wholly-owned subsidiary in Dubai.
RBC Wealth Management hires Southeast Asia team head
RBC Wealth Management, a unit of Royal Bank of Canada (RBC), has appointed Rohit Bhalla as executive director, team head of its Southeast Asia business.
St. James’s Place gross inflows surge 30% in Q4
British wealth manager St. James’s Place (SJP) said that its gross inflow of funds under management during the fourth quarter of 2016 was £3.28bn, a 30% increase compared to £2.52bn a year ago.