All articles by Verdict Staff
Verdict Staff
UBS hires advisory team from BofA Merrill Lynch
UBS Wealth Management Americas has hired a Beverly Hills-based team of two financial advisors that managed nearly US$2.6 million in fees and commissions annually from Bank of America Merrill Lynch.
IOSCO focuses on deeper markets, stronger regulatory capacity
The Board of the International Organization of Securities Committees (IOSCO) met in Kuala Lumpur this week to drive its work on key issues facing global financial markets and securities regulators.
RHJ International receives Bafin approval to purchase BHF-BANK
Kleinwort Benson Group (KBG), the wholly-owned subsidiary of RHJ International (RHJI), has received approval from the Germany’s financial regulator Bafin to acquire Deutsche Banks BHF-Bank subsidiary.
Morningstar names co-CEOs of Morningstar Australasia, MD of Research Strategy, Asia-Pacific
Morningstar has announced that Heather Brilliant, CFA, currently global director of equity and corporate credit research, and Mark Roomans, currently chief operating officer of Morningstar Europe, have been named co-chief executive officers of Morningstar Australasia Pty Limited in Sydney, effective April 1.
S&P Capital IQ appoints new chief commercial officer
S&P Capital IQ, a business arm of McGraw Hill Financial, has appointed Imogen Dillon Hatcher as new chief commercial officer, with effect from 14 April.
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Credit Suisse to pay $196 million, admits wrongdoing in providing unregistered services to US Clients
The Securities and Exchange Commission has announced charges against Zurich-based Credit Suisse Group AG for violating the federal securities laws by providing cross-border brokerage and investment advisory services to US clients without first registering with the SEC.
Money laundering: MEPs vote to end anonymity of owners of companies and trusts
The ultimate owners of companies and trusts would have to be listed in public registers in EU countries, under updated draft anti-money laundering rules approved by the Economic Affairs and the Justice and Home Affairs committees.
Park Sterling Corporation expands wealth management team
Park Sterling Corporation has appointed three new bankers to the bank’s wealth management team, which is headed by Michael Williams.
Wells Fargo appoints head of Family Dynamics and Education for Abbot Downing
Dr. Arne Boudewyn, a veteran of Abbot Downing and Wells Fargo with more than 20 years of experience as a researcher, educator and consultant to ultra-high-net-worth families, has been named head of Family Dynamics and Education for Abbot Downing.
2014 Quality of Living worldwide city rankings: Mercer survey
Vienna is the city with the world’s best quality of living, according to the Mercer 2014 Quality of Living rankings, in which European cities dominate.