All articles by Verdict Staff

Verdict Staff

New wealth management team joins U.S. Capital Advisors

U.S. Capital Advisors has announced that Todd LaVergne, Nick Erwin, Ryan Ringuet and Aaron Geller have joined the firm.

EBA launches consultation on draft Regulatory Technical Standards

The European Banking Authority (EBA) has launched a consultation on draft Regulatory Technical Standards (RTS) assessing the criteria that competent authorities need to consider before granting institutions permission to use advanced measurement approaches (AMA) for calculating their capital requirements for operational risk.

EisnerAmper launches new entity to offer compliance and regulatory services

EisnerAmper, an accounting, tax, and advisory firm, has rolled out EisnerAmper Compliance and Regulatory Services (CARS), a full-service consultancy providing outsourced compliance programs and solutions to US and offshore investment advisers.

Pavilion Financial acquires Plan Sponsor Advisors

Pavilion Financial, an employee-owned investment services firm, has acquired Plan Sponsor Advisors (PSA), a consulting firm specializing in defined contribution plans.

Jersey to introduce new measures to its company offering

Jersey is introducing further innovations to its Companies Law, making the jurisdiction even more attractive for those who use Jersey companies for investment structuring, asset holding and a wide variety of other purposes.

Mizuho Trust & Banking (Luxembourg) chooses SimCorp Dimension

SimCorp has announced that Mizuho Trust & Banking (Luxembourg) S.A. has chosen SimCorp Dimension as its new integrated software solution.

Sumitomo Mitsui to double work staff across trust banking unit

Japan’s Sumitomo Mitsui Financial intends to increase its work staff across trust banking unit by nearly two-fold to 300 in a bid to expand its wealth management business in the country.

BlackRock plans to launch event driven hedge funds

BlackRock is planning to commence an event-driven hedge fund in a bid to expand its alternative-investment business.

National Bank of Canada seeks to generate 25% of revenue from wealth arm

Louis Vachon CEO of National Bank of Canada said that the firm is reportedly seeking to gain a quarter (25%) of its revenue from wealth management by 2017.

Private equity secondaries fundraising surges in 2014: Preqin

Recent research from Preqin reveals that 8 private equity secondaries funds have closed in 2014 so far, raising an aggregate $13bn in investor commitments.