All articles by Verdict Staff
Verdict Staff
Vistra swoops on Germany’s optegra
Vistra, a Hong Kong-based provider of corporate, trust and fund administration services, has acquired optegra, a Germany-based provider of auditing, tax consultancy, legal advisory, and management consultancy services, for an undisclosed sum.
Bahrain turns to Singapore to develop own fintech hub
The Bahrain Economic Development Board (EDB) has collaborated with Singapore Fintech Consortium (SFC) and UAE-based Trucial Investment Partners to develop a fintech ecosystem and regulatory framework.
Public Pension Capital, FiveW Capital to acquire Viteos Fund Services
Private equity fund Public Pension Capital (PPC) and investment firm FiveW Capital has agreed to acquire Viteos Fund Services for an undisclosed amount.
Congress Asset Management to acquire Century Capital
Wealth manager Congress Asset Management has agreed to purchase the investment management business of Century Capital Management for an undisclosed amount.
Pine Brook to take over Triumph Capital Advisors
New York-based private equity firm Pine Brook has agreed to acquire Dallas-based credit investment firm Triumph Capital Advisors for an undisclosed sum.
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AllianzGI introduces new artificial intelligence equity fund
Allianz Global Investors (AllianzGI), a UK-based asset manager, has launched a new equity fund that will invest in firms involved in artificial intelligence development.
Brown Shipley CEO to step down
Ian Sackfield, the CEO of British wealth manager Brown Shipley, is stepping down after eight years in the role.
Credit Suisse confirms tax raids in several offices
Swiss banking giant Credit Suisse has confirmed that its London, Paris and Amsterdam offices were contacted by local authorities for tax-related matters.
Japan, Belgium financial regulators sign cooperation agreement
Japan’s Financial Services Agency (FSA) and the National Bank of Belgium (NBB) have signed an agreement to enhance cooperation in the area of banking supervision.
First Gulf Bank, National Bank of Abu Dhabi, wrap up merger
First Gulf Bank (FGB) and the National Bank of Abu Dhabi (NBAD) have completed their merger to create the largest bank in the UAE with AED670bn ($180bn) in assets.