All articles by Verdict Staff

Verdict Staff

Fidelity to invests US$25 million on platform upgrade

Fidelity Worldwide plans to invest US$25 million in its FundsNetwork platform over the next 12 months as part of a multiyear investment programme to counter the threat from a swath of newcomers to the market, according to Financial Times.

Confluence acquires alternative investment industry data & reporting solutions leader Data Agent

Confluence, a provider of data management solutions, has announced the acquisition of Data Agent, a provider of alternative investment industry data management and reporting solutions.

TrestleBridge Capital launched with approximately US$100 million in AuM

TrestleBridge Capital HAS announced its launch as an independent financial firm with us$100 million in brokerage and advisory assets under management, and a focus on providing wealth management services to mass affluent and high net worth individuals and families.

Societe Generale shuffles leadership role in corporate and investment banking division

Societe Generale has appointed Stephane Hild as head of corporate and investment banking in Turkey, effective in September, replacing Pierre Lebit in this role.

ESMA to be stripped of power to ban short-selling

A senior adviser to the European Court of Justice has indicated that the European Securities and Markets Authority (ESMA) will be stripped of its power to ban short selling of financial instruments in emergencies.

Private Banker International, have announced finalists for 9 of the 22 categories for the Annual Global Wealth Awards

Private Banker International (PBI), the leading journal for the global wealth management industry has announced the finalists for nine of the 22 categories of the 2013 Private Banker International Global Wealth Awards, held in conjunction with the 23rd Global Wealth Summit.

DST Global Solutions appoints new business development head for North America

DST Global Solutions, a technology provider of investment management solutions, has appointed Robert Leaper as head of business development for North America.

CIMA Bangladesh launches course on Islamic finance

Chartered Institute of Management Accountant Bangladesh (CIMA Bangladesh) has launched a CIMA qualification in Islamic finance for the first time in the country, according to The Daily Star.

SEC charges New York-based investment advisory firm with defrauding investors

The US Securities and Exchange Commission (SEC) has charged the owner of a New York-based investment advisory firm with defrauding investors while grossly exaggerating the amount of assets under his management.

Wells Fargo Private Bank names senior regional fiduciary manager

Wells Fargo Private Bank has named Stacey Ackerman as its senior regional fiduciary manager, Prairie Business has reported.