All articles by Verdict Staff

Verdict Staff

Quaero Capital hires group COO

Geneva-based asset manager Quaero Capital has named Francesco Samson as its new group COO.

Swiss regulator reprimands UBS for role in 1MDB scandal

Switzerland’s financial regulator has closed its investigation into UBS over its connection with the scandal-ridden Malaysian state fund 1Malaysia Development Berhad (1MDB) after sending the bank a written reprimand.

Australia’s Elders Financial snaps up two advice businesses

Australia’s Elders Financial Planning has expanded its network by acquiring two advice practices Enlighten Wealth Management and Saltbush Financial Services.

Nomura sets up new subsidiary to promote business development

Japanese bank Nomura has launched a new subsidiary that will focus on new business development and open innovation.

Captrust Financial Advisors snaps up Windsor Financial Group

North Carolina-based Captrust Financial Advisors has acquired Windsor Financial Group, a Minnesota-based advisory business, for an undisclosed sum.

Rosemont Investment Partners buys stake in wealth advisory firm Hartland

Pennsylvania-based private equity firm Rosemont Investment Partners has bought a minority stake in Cleveland-based institutional and wealth advisory business Hartland for an undisclosed amount.

Alter Domus sets up new office in Ireland

Alter Domus, a Luxembourg-based provider of fund and corporate services, has launched its second office in Ireland.

UBS Wealth Management bolsters Yorkshire presence

UBS Wealth Management has appointed Stephen Wilson as the new director in its Leeds office.

ZEDRA closes acquisition of Barclays UK Trust business

ZEDRA, a provider of independent trust, fiduciary, corporate and fund services, has wrapped up the acquisition of UK trust business of Barclays Bank.

Fiducian Group to take over New South Wales’ advice business

Australian financial services firm Fiducian Group has agreed to acquire a New South Wales-based financial planning business for A$1.15m.