All articles by Verdict Staff
Verdict Staff
Alliance Trust Savings to launch DFM service
Alliance Trust Savings will expand its platform offering in 2014 to discretionary management and model portfolio services after passing £5 billion in assets under administration.
European Parliament gives green light for single supervisor for banks
Member of the European Parliament (MEPs) gave their green light to the EU bank supervision system which will bring some 150 of the EU’s banks under the European Central Bank’s direct oversight from September 2014.
Novia to halt cash rebates on legacy business from April 2014
Novia, a UK-based provider of wealth management platform, has said that it will cut all cash rebates on new and legacy business from April 2014.
TradeKing acquisition of GAIN Securities receives FINRA approval
TradeKing Group has received approval from FINRA to acquire the assets of GAIN Securities, a subsidiary of GAIN Capital Holdings (GCAP).
iShares poaches EMEA fixed income head from Nomura
iShares, the ETF platform of BlackRock, has appointed Brett Olson, a former Nomura managing director, as head of fixed income for Europe, Middle East and Africa (EMEA).
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Julius Baer bolsters London team with senior advisor hire
Swiss private bank Julius Baer has appointed Mazy Moghadam as a managing director within its London financial advisory team.
Washington Wealth Management launches new platform for financial advisors
Washington Wealth Management, a US based independent, multi-custodial hybrid Registered Investment Advisor has launched its new MobilitySelect platform for financial advisors working from remote office locations.
Citi surpasses US$500 billion in alternative assets under administration
Citi has surpassed US$500 billion in alternative assets under administration, affirming its leadership as major fund administrator in the alternative asset management industry.
Dubai financial regulator slaps US$50000 fine on United Investment Bank
United Investment Bank in Dubai has been fined by the Dubai Financial Services Authority (DFSA) for a number of failings in relation to its custodial services.
Commodity market increased in August amid increased geopolitical risk: Credit Suisse
Commodities were higher in August as Chinas growth outlook improved and the risk of the US Federal Reserve tightening remained uncertain.