All articles by Verdict Staff
Verdict Staff
Dominos Pizza non-executive director pockets £28m
Nigel William Wray, non-executive director of Domino’s Pizza Group, a UK-based franchisee of fast food pizza delivery chain Domino’s Pizza, has sold 4,910,179 shares, representing a 2.98% stake in the company.
Hargreaves Lansdown pre-tax profit up 28% in H1
UK-based Hargreaves Lansdown has posted a pre-tax profit of £195.2 million (US$304.8 million) for the first half of 2013, an increase of 28% from £152.8 million (US$238.6 million) reported a year ago.
Affluent Investors to avoid socially irresponsible investments: Spectrem
For most affluent investors, socially responsible investing means avoiding companies that are not being socially responsible in their investment products, according to a new Spectrem survey.
Appleby reports positive offshore M&A activity and a surge in IPOs for Q2 2013
The second quarter of 2013 has shown positive signs of a gradual return to more stable transactional activity following several years of volatility. Renewed confidence in offshore transactions and an increase in deals between Q1 and Q2 2013, have been highlighted in the latest Offshore-i Report by Appleby.
CIBC seeks C$1 billion wealth management acquisitions
Canadian Imperial Bank of Commerce (CIBC) is seeking acquisitions valued at more than C$1 billion (US$948.72 million) as it intends to boost the amount of profit it generates from wealth management business.
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BlackRock to close two European equity funds
BlackRock is to hard close two of its Luxembourg-domiciled funds and soft close a UK-based product to protect their investment strategies, effective in 7 September 2013.
Global banks to offer DMA to Russian market
In September Citigroup, Credit Suisse, Merrill Lynch, and Morgan Stanley and will begin to offer to their clients Direct Market Access (DMA) to securities trading on Moscow Exchange.
TMC Bonds partners with Citi to launch new issue municipal marketplace
TMC Bonds, a retail fixed income alternative trading marketplace in the US, and Citi have signed definitive agreement to offer new issue municipal bonds via TMCs network of dealers with access to over 125,000 financial advisors.
US Banks Private Client Reserve names new wealth management advisor in Milwaukee
The Private Client Reserve of U.S. Bank has appointed Alex Kramer as a wealth management advisor managing director in Milwaukee.
ANZ appoints new directors for wealth management arm
The Australia and New Zealand Banking Group (ANZ) has appointed Neil Younger and Alexis George as managing directors of its wealth management division.