All articles by Verdict Staff
Verdict Staff
SEC files charges against Florida-based penny stock schemes
The Securities and Exchange Commission has reported charges in a joint law enforcement crackdown on penny stock schemes with ties to the Florida region.
Unigestion receives asset management licence in Singapore
Unigestion, a Geneva-based independent management company totalling 10.2 billion of assets under management, has received the capital markets services license issued by the Monetary Authority of Singapore.
Investors Capital reports 11% increase in Q1 revenue
Financial services firm Investors Capital has reported a 11% increase in its revenue to US$23.08 million for the first quarter of 2013, compared to US$20.8 million for the same period in 2012.
Citi Prime Finance names managing director and regional head of sales for the Americas
Citi has appointed David H Tenney as a managing director and regional head of sales for the Americas in the firms Prime Brokerage business.
FE Trustnet highlights fund and manager picks for top performing sectors
Japanese and US equities have been the clear winners so far this year. FE Trustnet provides some fund and manager picks for investors seeking to play these themes.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
IBM agrees to acquire Israeli data security firm Trusteer
Technology giant IBM has agreed to acquire Trusteer, a provider of software that helps protect organizations against financial fraud and advanced security threats.
FINMA not to probe practices of Swiss banks’ foreign wealth management customers after 2011
Switzerlands Committee on National Economy has rejected proposal made by the Council of States in the debate of the Lex USA to ask the countrys financial watchdog FINMA carry out probe practices of Swiss banks’ foreign wealth management customers after 2011.
Nearly 25% of wealthy investors do not have social media accounts: Spectrem study
Social media usage may seem universal to some investors, but in fact, only 70 to 75 percent of investors have social media accounts, and usage among those that do varies greatly, according to a Spectrem study.
M&A activity in RIA industry declines in H1 2013: Schwab report
The first half of 2013 closed with 18 completed transactions, totalling US$15.4 billion in assets under management (AUM), which is the lowest on record since the first half of 2008, according to industry-wide registered investment advisor (RIA) merger and acquisition (M&A) data compiled by Schwab Advisor Services.
Widmeyers LPL accounts merges with Lamkin Wealth Management
Warren Widmayer has merged his US based LPL Financial Holdings wealth-management accounts into Louisville-based Lamkin Wealth Management, according to Business First.