All articles by Verdict Staff
Verdict Staff
Wedbush Securities enhances wealth management platform
Wedbush Securities, a US-based financial services provider, has made series of technology enhancements to its wealth management platform.
European Parliament approve rules to protect small investors from reckless risk-taking
Small investors will be better protected against investment funds that take excessive or unnecessary risks with their money, under rules approved by European Parliament.
Pinnacle Advisory buys Durbin Financial Advisors
Pinnacle Advisory Group has acquired Durbin Financial Advisors, a Florida-based registered investment advisory firm.
Northern Trust net income up 11% in Q1
Northern Trust has reported a net income of US$181.4 million for the first quarter of 2014, an increase of 11%, from US$164 million in the prior year quarter.
Market remains susceptible to correction: UBS office property index
The UBS Swiss Office Space Investment Index currently stands at -0.74.
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New York regulator subpoenas Credit Suisse in tax-evasion probe
New York State’s banking regulator has reportedly subpoenaed Swiss banking giant Credit Suisse last week as the regulator’s tax evasion probe of the firm widens.
Standard Chartered appoints new CEO for ASEAN region
Standard Chartered Bank has appointed Lim Cheng Teck as CEO for its ASEAN markets, effective 1 May 2014.
RMB Capital teams up with Mendon Capital to manage long/short equity strategy
RMB Capital, an independent investment advisory firm with over $3.8 billion in assets under management, has teamed up with Mendon Capital Advisors to manage a long/short, financial services-focused US equity strategy.
Changes to tax laws impact portfolio recommendations of financial advisors: SEI
Recent changes to the tax laws have financial advisors looking to revise their recommendations for portfolio implementation to better manage the impact of taxes, according to a survey released by SEI.
JPMorgan hires new head of Sweden investment banking
JPMorgan Chase (JPM) has hired Bo Zethraeus as new head of investment banking for Sweden, replacing Johan Lustig.