All articles by Verdict Staff
Verdict Staff
BlackRock restructures senior management team -report
American money manager BlackRock, which manages US$4.3 trillion in assets, has reportedly restructured its senior management team as part of its strategy to groom its next generation of senior management.
Close Brothers AM expands equity research team
Close Brothers Asset Management has expanded its equity research team by appointing five new analysts.
Broadridge Financial unveils new collateral management solution
Broadridge Financial has introduced a new comprehensive global collateral management solution, called CollateralPro.
GenSpring Family Offices adds two MD in south region
GenSpring Family Offices, a wealth management firm for ultra-high-net-worth (UHNW) families in the US, has added two managing directors of client development in its south region.
Affin to launch new wealth management division next year
Malaysia-based Affin Holdings is planning to launch a new wealth management division next year following its acquisition of Hwang-DBS Investment Bank (HDIB).
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Morgan Stanley Wealth Management restructures divisions, regions
Morgan Stanley Wealth Management has decided shrink the number of divisions at the firm to two from three, and consolidate the firm’s 12 regions into eight.
Chairman of Drillisch AG sells nearly a million shares
Marc Brucherseifer, chairman of the supervisory board of Drillisch AG, a German provider of telecommunications services, has sold 0.8m shares, representing a 1.6667% stake in the company. The shares were sold on 13 March 2014, at a price of 23.90 ($33.16) per share, for a consideration of 19.12m ($26.52m).
BNY Mellon rejects shareholders demand to spin off asset management unit-report
Gerald Hassell, chairman and chief executive of BNY Mellon, has reportedly rejected shareholders demand to spin off the company’s asset management business.
FINRA launches retrospective rule review
The US Financial Industry Regulatory Authority (FINRA) issued two new Regulatory Notices as part of an initiative to conduct retrospective rule reviews on an ongoing basis.
Brewin Dolphin to shut two offices to launch consolidated office in Bournemouth
UK wealth manager Brewin Dolphin is planning to shut its Lymington and Dorchester offices to launch a consolidated office in Bournemouth later this year.