All articles by Verdict Staff
Verdict Staff
SocGen to expand bond trading business in Asia and US
Societe Generale is planning to expand its bond trading business in Asia and the US in an bid to strengthen its presence in the global market.
DDJ Capital predicts increased risk, yet a positive 2014 for US leveraged credit
In its outlook for 2014, DDJ Capital Management forecasts increased risk along with positive returns for investors in non-investment grade bonds and leveraged loans, which comprise the US leveraged credit market.
Walton Asset Management appoints new EVP of capital markets
US-based Walton Asset Management (WAM) has appointed Sam Wilkins as new executive vice president for its capital markets.
Investment management industry hindered by ‘inflexible’ portfolio management systems
Inflexible portfolio management infrastructures are hindering investment management companies’ ability to adapt to organizational and market changes, according to a white paper by Eagle Investment Systems, a subsidiary of BNY Mellon.
Be cautious of IFAs who are vague on fees, warns advisory giant: deVere UK
Seeking financial planning advice? Be cautious of financial advisers who charge for an initial meeting and those who are not upfront about fees from the outset, warns the UK division of one of the world’s largest independent financial advisory organisations.
Barclays appoints head of compliance
Barclays has appointed Mike Roemer as Group Head of Compliance.
Anglo Irish Bank postpones sale of wealth management arm-report
Anglo Irish Bank has reportedly postponed the sale of its wealth management arm for six months.
Alpha Asset Management to manage Hermes funds
Alpha Asset Management, a subsidiary of Alpha Bank, will manage the mutual funds of Hermes Dynamic Domestic Equity, Hermes International Bond Fund (euro) and Hermes Money Market.
Bank of England to slash up to 100 jobs
The Bank of England (BoE) is slashing up to 100 jobs as part of its “value for money review” launched last year with the arrival of Mark Carney as governor.
State Street UK fined £22.9m by FCA for transitions management failings
State Street UK has been fined £22,885,000 by the Financial Conduct Authority (FCA).