All articles by Verdict Staff

Verdict Staff

UBS launches SwapsDirect, algorithmic trading for US equity swaps

UBS has launched SwapsDirect, the firm’s high-capacity algorithmic trading platform for US equity swaps.

DeAWM launches first ETF to provide investors access to Chinese equity market

Deutsche Asset & Wealth Management (DeAWM) has launched a US-listed ETF that will provide investors access to onshore and offshore Chinese equities.

Mattioli Woods adds structured investment plan opportunity to wealth management portfolio

Mattioli Woods has announced a new structured product that is designed to provide further diversification to clients’ investment portfolios.

Edelweiss Financial Services buys Forefront Capital Management

Edelweiss Financial Services has purchased a high-net-worth (HNW) focused asset management firm Forefront Capital Management for an undisclosed sum.

Regions Bank launches Wealth Insights on Regions.com

Regions Bank has announced the launch of Wealth Insights, a new feature of regions.com designed to offer current and prospective customers comprehensive information to help strengthen their investment portfolios, bolster their planning for retirement, grow their wealth and protect their investments.

PT MNC Kapital to raise stake in Bank ICB Bumiputera to 40%

PT MNC Kapital Indonesia, a financial services firm, has unveiled plans to increase its stake in Bank ICB Bumiputera (BABP) from 25% to 40% this year.

UK’s Serious Fraud Office issues criminal charges against former Barclays employees

The Serious Fraud Office, an independent UK Government department, has issued criminal proceedings against Jay Vijay Merchant, Alex Julian Pabon and Ryan Michael Reich, all former employees at Barclays Bank Plc., for conspiracy to defraud in connection with its investigation into the manipulation of LIBOR.

DZH Phillips, Hewins Financial partner to launch new wealth management firm

DZH Phillips, a US-based accounting & advisory firm, has entered into a partnership with Hewins Financial, a CPA-based wealth management firm, to launch a new firm called DZH Phillips Wealth Management.

Gen X don’t use financial advisers as much as their older counterparts: Spectrem

Investors born between 1965 and 1980 don’t use financial advisors as much as older investors do and they have less satisfaction with the advisors they do use, according to Spectrem’s Millionaire Corner study Generation X Marks the Spot.

Rathbone taps four Investec executive for Cambridge and Chichester office

Rathbone Investment Management has hired four former Investec Wealth & Investment professionals for its Cambridge and Chichester office.