All articles by Verdict Staff

Verdict Staff

Ogier sells fiduciary services arm to Electra Partners

Law firm Ogier Group has sold its fiduciary services division, Ogier Fiduciary Services, to private equity firm Electra Partners for £180 million.

The Griffith Chapman joins Janney Montgomery Scott in Columbia, South Carolina

Janney Montgomery Scott has announced The Griffith Chapman Group joined their Columbia, South Carolina office.

Citigroup names new UK head

Citigroup has hired James Bardrick as new head of UK operations replacing Maurice Thompson, who has resigned to pursue other opportunities.

ECB makes progress with asset quality review, confirms stress test parameters

The European Central Bank (ECB) has announced the progress made in its on-going comprehensive assessment.

Barclays CEO declines to accept 2013 bonus

Barclays CEO Antony Jenkins has declined to accept his 2013 bonus of up to £2.75 million primarily due to a series of scandals that affected the reputation of the bank.

Majority of European firms anticipate research will be paid from management fees: TABB Group

European equity buy-side firms tell TABB Group they’re struggling to pay for research by order flow alone, with nearly two-thirds saying research will eventually be paid from management fees, forcing radical change to research payment models.

Slovenia, US set to ink FATCA deal

The governments of Slovenia and the US are set to sign a Model 1 bilateral inter-governmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA), which will be effective from 1 July 2014.

Fixed income investors could benefit from muni bonds in rising rate environment: Standish

Investments such as municipal bonds that have a yield advantage over Treasuries are likely to be among the fixed income segments that could provide outperformance in 2014 as US Treasury yields start to move higher, according to the municipal bond outlook for 2014 from Standish Mellon Asset Management Company.

India Infoline wealth arm raises US$117.17 million realty fund – report

IIFL, the wealth management unit of India Infoline, has reportedly raised an INR7.35 billion (US$117.17 million) realty fund.

Stifel appoints managing director for private client group

Stifel has announced that Michael O’Keeffe has joined Stifel, Nicolaus & Company, Incorporated as a Managing Director – Investments.