04/10/2018

HSBC applies AI to track financial crime

Alongside the payout, HSBC agreed a five-year deferred prosecution agreement (DPA) with the US Department of Justice (DoJ) under which it promised to take action to correct compliance failings.

04/09/2018

Continued expansion of Utmost Wealth Solutions

The portfolio is highly complementary to Utmost Wealth Solutions existing business which is in the process of acquiring Generali PanEurope to create a €24 billion specialist wealth manager.

04/09/2018

LGIM launches infrastructure index fund

The increased diversification of the business meant that 80% of net inflows came from overseas, helping push total assets under management up to £983.3 billion at the end of 2017.

04/09/2018

Montana Capital Partners wraps up fourth secondary fund

Montana Capital Partners has closed its fourth secondary fund at a hard cap of 800 million euros. The fund’s limited partners include sovereign wealth funds, pension funds, insurance companies, family offices and foundations from Europe, Asia, the M