All articles by Verdict Staff
Verdict Staff
US Agencies revise proposed risk retention rule
Six federal agencies have issued a notice revising a proposed rule requiring sponsors of securitization transactions to retain risk in those transactions.
Ashcourt Rowan appoints new CEO for financial planning business
Ashcourt Rowan has appointed Gaius Jones as chief executive of the company’s financial planning business.
UAE to introduce fund distributor fees
The Emirates Securities and Commodities Association (SCA) is planning to introduce a series of fund distributor fees in the UAE.
US$137 million O’Donnell Financial Group joins Securities America
Financial advisor Gregory O’Donnell of O’Donnell Financial Group in Larkspur, California, has become a registered representative with independent broker-dealer Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services.
East Sussex increases UK property asset allocation
Schroder Property Multi-Manager has announced a further investment from East Sussex Pension Fund of £24.5 million.
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VP Bank Group to spin off its fiduciary businesses
The board of directors of Liechtenstein-based VP Bank Group has decided to spin off the groups fiduciary businesses in order to focus strategically on the mid-level private banking segment and the financial intermediaries business.
Mattioli Woods reports 14.3% rise in annual revenue
British wealth management firm Mattioli Woods has reported a 14.3% increase in its revenue to £23.41 million for the year ended 31 May 2013, compared to £20.48 million for the same period in 2012.
Coutts names new head of human resources
Coutts, the wealth division of Royal Bank of Scotland Group (RBS), has appointed Donna Burns as head of human resources.
UBS to add 1000 new jobs in Nashville over next five years
Swiss banking major UBS is planning to add 1,000 new jobs in Nashville over the next five years, expanding expand its Nashville operations by opening a business solutions centre for the Americas.
US, Swiss reach deal on American tax evaders
The US and Swiss governments have reached an agreement on a comprehensive plan allowing Swiss banks to settle with US authorities over accounts held by US tax evaders.