All articles by Verdict Staff
Verdict Staff
Boosting cyber security and risk management practices: Are industry collaborations the best way?
Industry collaborations seem to be the most robust way to combat the emergence of new methods of financial crime that have created challenges for regulators, institutions and technology firms alike, writes Ouliana Smith, Head of Content at WealthInsight
Aegon wraps up Cofunds acquisition
Dutch insurer Aegon has completed the acquisition of Cofunds, the investment platform of Legal & General Group (L&G) in the UK for advisers and other financial institutions.
Deutsche Bank to pay $95m to settle US tax evasion allegations
Deutsche Bank has agreed to pay $95m to settle a US government civil lawsuit that alleged the bank of using shell companies to dodge taxes.
Cetera Financial wraps up Legend Group sale
Cetera Financial Group, a network of independent broker-dealer firms, has closed the sale of Legend Group Holdings to Lincoln Investment Capital Holdings.
Tilney Bestinvest names new chairman
British wealth manager Tilney Bestinvest has appointed Will Samuel as its chairman, replacing Mike Covell.
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Chinese consortium launches $1.4bn fintech fund
A consortium of Chinese firms has launched RMB10bn ($1.44bn) fintech fund to focus on mergers and acquisitions in the regions fintech space.
ANZ to sell 20% stake in Shanghai Rural Commercial Bank for $1.33bn
Australia and New Zealand Banking Group (ANZ) has agreed to sell its 20% stake in Shanghai Rural Commercial Bank (SRCB) to China Cosco Shipping and Shanghai SinoPoland Enterprise Management Development.
Apex hires new US business development head
Apex Fund Services, an independent fund administrator, has appointed Daniel Strachman as head of Head of US business development.
A peek at 2017: Industry comments
With the shocks of the UKs Brexit result and the US presidential election behind us, PBI asked C-level executives at leading private banks and wealth management firms to give us their forecasts for 2017. Heres what they had to say…
BNP Paribas names group head in Germany
BNP Paribas has appointed Lutz Diederichs as its group head in Germany and chairman of the group management board in the country.