All articles by Verdict Staff
Verdict Staff
B Capital appoints new partner for lending solutions
B Capital Partners, an independent investment firm providing advisory services to HNWIs, has appointed Bob Atkinson as a partner with principal responsibility for lending solutions.
Vitus Group implements Integratec to support asset management and reporting
Integratec, an Atlanta based provider of asset management software and BPO services for the multifamily real estate industry, has reported that Seattle-based multifamily developer Vitus Group has successfully completed the implementation of Integratecs asset management software and BPO services.
Around 40% of unauthorised financial firms in UK still have active websites: Study
FCA faces an uphill struggle to combat the growing problem of unauthorised firms as around 40% of online unauthorised firms which are subjected to recent FCA warnings still have active websites, according to a study conducted by Money Marketing.
Bendigo Wealth granted a MySuper authorisation
Sandhurst Trustees, which forms part of Bendigo Wealth, has been granted authorisation by the Australian Prudential Regulation Authority (APRA) to issue a MySuper product under the new regime implemented by the Australian Government.
Former Apple CIO launches investment management firm
Former Apple CIO Steve Johnson has partnered with Mark Lewis, former MD at Wilshire Associates, to launch a boutique investment management firm, Adherence Capital Management.
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FINRA fines Morgan Stanley US$1 million over bond pricing violations
The Financial Industry Regulatory Authority (FINRA) has fined Morgan Stanley Smith Barney and Morgan Stanley & Co US$1 million and ordered US$188,000 in restitution plus interest for failing to provide best execution in certain customer transactions involving corporate and agency bonds, and failing to provide a fair and reasonable price in certain customer transactions involving municipal bonds.
Hargreave Hale poaches equity analyst from Panmure Gordon
Hargreave Hale, a UK based stockbroking and investment management firm, has poached Jean Roche from Panmure Gordon to strengthen its fund management team.
Lombard Odier selects Calastone as global transaction platform
Geneva-based Lombard Odier Investment Managers (LOIM) has selected London-based Calastone as a global transaction platform for the sale of its Luxembourg-domiciled Sicav range of funds.
Raiffeisen Bank International to cut jobs to save costs
Raiffeisen Bank International’s (RBI) new chief executive Karl Sevelda has said that the bank will adopt painful cost cuts that include forced lay-offs.
Julius Baer former employee sentenced to three years for Swiss data theft
A Swiss Federal Criminal Court has sentenced a former employee of Julius Baer Group to three years in prison for data theft after handing client information to German tax authorities.