All articles by Verdict Staff
Verdict Staff
SEC halts ex-marines hedge fund fraud targeting fellow military
The Securities and Exchange Commission has obtained an emergency court order to halt a hedge fund investment scheme by a former Marine living in the Chicago area who has been masquerading as a successful trader to defraud fellow veterans, current military, and other investors.
Threadneedle Investments appoints head of UK wholesale
UKs investment manager Threadneedle Investments has appointed Alastair Caw as the new head of UK wholesale.
BNY Mellon appoints head of institutional distribution for EMEA
BNY Mellon has appointed Adrian Gordon as head of institutional distribution for the Europe, Middle East and Africa (EMEA) region.
New issuer AVANA launches actively managed equity ETF on Xetra
A new actively managed equity ETF issued by new issuer AVANA II Investment AG has been tradable in the active ETF segment of Xetra.
Swiss FINMA position paper on the resolution of systemically important banks
The Swiss Financial Market Supervisory Authority FINMA takes the view that the recovery and resolution capability of systemically important banks needs to be improved. To this end, it has published a position paper on the recovery and resolution of globally active banks.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
FCA appoints directors to oversee wealth managers
The Financial Conduct Authority (FCA) has appointed four directors to lead key areas of its supervision division, with Nick Poyntz-Wright as director of long-term savings and pensions unit, which includes oversight of wealth management services and investment intermediaries.
Old Mutuals funds under management up by 9% in H1
Old Mutuals funds under management were £289.3 billion (US$443.7 billion) for the first half of 2013, an increase of 9% compared to £265.5 billion (US$406.2 billion) for the same period previous year.
JP Morgan acquires UBS OTC commodity derivatives business
JP Morgan Chase & Co., which plans to stop trading in physical commodities, has acquired the over-the-counter commodity derivatives portfolio of UBS.
Wolters Kluwer Financial Services launches ComplianceOne manager
Wolters Kluwer Financial Services has launched a SaaS business process management (BPM) tool called ComplianceOne manager solution.
Janney Montgomery Scott adds advisor from Morgan Stanley
Philadelphia-headquartered Janney Montgomery Scott has added Vincent Crognale to Janneys Greenville, Del., branch office as the first vice president of wealth management.