All articles by Verdict Staff
Verdict Staff
Withers bolsters wealth planning practice in Asia
Law firm Withers has added three lawyers Connie Yik Kong, Suzanne Johnston and Karen Lai to its wealth planning practice in Asia.
Sterne Agee completes acquisition of brokerage firm Yorvik Partners
Sterne Agee, a US-based financial services firms, has completed the acquisition of London-based brokerage firm Yorvik Partners.
State Street Global Advisors announces 2014 market outlook
StateStreet Global Advisors (SSgA), the asset management business of State Street Corporation has announced its global outlook for 2014, highlighting five key investment themes that investors should consider as they position their portfolios for the year ahead.
Franklin Square Capital Partners unveils new global credit fund
Franklin Square Capital Partners, a US-based manager of alternative investment funds, which manages over $9 billion in assets, has unveiled new FS Global Credit Opportunities Fund.
Jersey bank deposits decline 3.7% in Q3 2013
Bank deposits in Jersey fell by about 3.7% to £145.2bn in the third quarter of 2013 with foreign currency deposits contributing about 64% of the total deposits, according to Jersey Finance.
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European Commission fines eight banks 1.71 billion for benchmark rigging
The European Commission has fined 8 international financial institutions a total of 1,712,468,000 for participating in illegal cartels in markets for financial derivatives covering the European Economic Area (EEA).
McLagen to acquire Scorpio Partnership
McLagen, a subsidiary of human resource consulting firm Aon Hewitt, is planning to acquire wealth market intelligence and research consultancy Scorpio Partnership for an undisclosed amount.
Aviva Investors poaches Friends Lifes CIO
Aviva Investors has appointed Friends Lifes CIO Mark Versey as its new director of client solutions, effective from January next year.
Merrill Lynch launches 2014 compensation plan for advisors
Merrill Lynch, the wealth management division of Bank of America, has launched the 2014 compensation plan that aims to provide rewards for advisors.
Barclays announces antitrust settlement with the European Commission
The European Commission has reached a settlement with Barclays and a number of other banks in relation to anti-competitive conduct concerning Euribor.