All articles by Verdict Staff
Verdict Staff
JBWere names new chief investment officer
Australian based private wealth management firm JBWere has appointed James Wright as its new chief investment officer, with effect from 21 October 2013.
SCBT Wealth Management Group appoints new senior vice president
SCBT has announced that David Kirkpatrick has joined its Wealth Management Group as senior vice president and portfolio manager.
BrightGate Capital, Andbank partner to launch corporate bond fund in Luxembourg
BrightGate Capital has teamed up with Andbank Asset Management to launch global corporate bond fund in Luxembourg with a target maturity date of five years.
Consumer complaints fell by 500,000 between 2H2012 and 1H2013: FCA
Consumer complaints reported by financial services firms fell by 500,000 between the second half of 2012 and the first half of 2013, according to the UK’s Financial Conduct Authority (FCA).
Natixis unveils global multi-asset fund
Natixis Asset Management has unveiled the Natixis Global Risk Parity fund to tap investment opportunities across several different asset classes as market conditions change.
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Private Banker International announces 2013 winners for the Annual Global Wealth Awards
Private Banker International, the leading journal for the global wealth management industry has announced the winners for the 2013 Private Banker International Global Wealth Awards, held in conjunction with the 23rd Global Wealth Summit.
SEC charges Knight Capital with violations of market access rule
The Securities and Exchange Commission has announced that Knight Capital Americas has agreed to pay US$12 million to settle charges that it violated the agency’s market access rule in connection with the firm’s Aug. 1, 2012 trading incident that disrupted the markets.
Belgian police raid homes of HSBC wealthy clients amid tax probe
The residents of nearly 20 wealthy Belgian citizens holding offshore accounts at HSBCs Swiss private banking arm were raided as part of a probe into the UK banks alleged role in enabling the wealthy clients in Belgium to hide their money from local tax authorities.
Custom House Global Fund Services launches new service for US market
Custom House Global Fund Services, a provider of financial services to the alternative investment sector has launched a new web based portal, which is designed specifically for US alternative investment managers.
Trust in top 50 financial institutions remained negative: Thomson Reuters TRust Index third-quarter 2013 results
Thomson Reuters has announced the results of its proprietary TRust Index showing that trust in the Top 50 Global Financial institutions remained negative in the third quarter, according to news and social media sentiment analysis, but regional differences have widened since the second quarter.