Europe
ESMA to probe investment firms’ order execution policies under MiFID II
The aim is to foster investor protection by improved technical standards
Utmost Group to acquire Lombard International adding £43bn AUA
It will be financed through a £200m bank loan, with remainder covered by existing cash reserves
Ostrum AM names Gaëlle Théaud-Gautheron as chief operating officer
She will be member of Ostrum AM’s executive committee, reporting directly to Olivier Houix, CEO
Titanbay launches AIFM to ‘elevate’ client experience
The AIFM status enables Titanbay to market funds directly across Europe, establish branches, and hire local salespeople
GSB agrees strategic partnership with Jersey-based platform Flagstone International
The platform offers a web-based platform that connects depositors with licensed deposit-taking institutions