All articles by Verdict Staff
Verdict Staff
Brown Shipley names head of lending
British wealth manager Brown Shipley has appointed Richard Stubbs to the newly created role of head of lending.
Legg Mason hires new head for Sydney office
Investment management firm Legg Mason has appointed Matt Stovold as its national key account manager and head of the new Sydney office.
Singapore and France join forces on fintech
The Monetary Authority of Singapore (MAS) has inked agreements with financial regulators in France- Autorite de Controle Prudentiel et de Resolution (ACPR) and the Autorite des Marches Financiers (AMF) – to strengthen mutual cooperation in the fintech space.
Rogers & Company Wealth Management merges with HighTower
Rogers & Company Wealth Management, a St. Louis-based firm affiliated with LPL Financial, has merged into HighTower St. Louis.
Lombard International Assurance names general counsel for European business
Lombard International Assurance, a provider of wealth structuring solutions, has appointed Ranald Munro as general counsel for its European business.
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DST Systems to buy ownership interest in State Street JVs
US-based outsourcing business DST Systems has agreed to acquire State Street’s ownership stake in the Boston Financial Data Services (BFDS) joint venture and the International Financial Data Services (IFDS) joint venture in the UK.
Raymond James appoints new financial institutions division head
Raymond James Financial has appointed Tim Killgoar as head of the financial institutions division (FID), replacing John Houston, who is stepping down from his position to take on the role of FID eastern division director.
Credit Suisse loss deepens after settling mis-selling scandal
Credit Suisse has reported that it loss for 2016 and the fourth quarter of 2016 broadened than the originally reported figure after adding provisions to settle a residential mortgage-backed securities (RMBS) case with the National Credit Union Administration Board (NCUA).
P1 Investment Management unveils structured product managed portfolio service
P1 Investment Management, a UK-based adviser-led discretionary fund management proposition, has teamed up with CUBE Investing to introduce a new structured product managed portfolio service.
China’s HNA Group to buy 25% stake in Old Mutual’s US fund unit
Chinese conglomerate HNA Group has agreed to acquire a 25% stake in Old Mutual’s US asset management arm in a deal worth around $446m.