All articles by Verdict Staff
Verdict Staff
Japanese regulator approves CTBC Bank’s purchase of Tokyo Star Bank
Japan’s Financial Services Agency (FSA) has approved Taiwanese financial institution CTBC Bank’s proposal to acquire Tokyo Star Bank.
BNY Mellon Asset Management names new head of advisory sales
BNY Mellon Asset Management has named Fergus McCarthy as new head of advisory slaes, replacing Scott Goodsir, effective July 2014.
Bank of America Merrill Lynch lures US$285 million advisory team from Barclays
Bank of America Merrill Lynch has lured a team of two financial advisors from Barclays Capital that managed US$285 million in client assets.
Former John W. Henry & Cos executive launches new hedge fund
Mark Rzepczynski, the former president and CIO alternative asset manager John W. Henry & Company, is planning to launch a new hedge fund firm.
Sumitomo Mitsui eyes BNP Paribas’ US business-report
Japanese banking group Sumitomo Mitsui Financial Group is reportedly planning to buy BNP Paribas’ US business BancWest.
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Bank of America contracts derivatives business in Ireland-report
Bank of America has reportedly contracted its derivatives business in Ireland by $169 billion (123 billion) over the past two years as it shifted contracts to London to simplify its accounting practices.
New York regulator seeks termination of BNP top executives
New Yorks top banking regulator is demanding sacking of one of the top executives of BNP Paribas to resolve accusations that the French bank violated US sanctions.
State Street Global Advisors unveils new SPDR ETF
State Street Global Advisors (SSgA) has expanded its SPDR range of ETFs by launching new European SPDR ETF called SPDR EURO STOXX Small Cap ETF.
Without proper benchmarks, infrastructure investments will be stunted: EDHEC-Risk Institute
In a new position paper, EDHEC-Risk Institute argues that benchmarking long-term infrastructure investments has become a sine qua non to match the supply and demand of long-term capital, improve asset allocation outcomes for investors, adapt prudential regulation and support economic development.
HD Vest Investment Services launches V4 Client Experience
HD Vest Investment Services has launched its V4 Client Experience, which combines a new advisor-client engagement process on a fully integrated basis with HD Vest’s proprietary technology and comprehensive wealth management tools.