All articles by Verdict Staff
Verdict Staff
Brookstone Capital Management selects Orion for accounting services
Brookstone Capital Management has selected Orion Advisor Services as a provider of portfolio accounting services.
Societe Generale hires senior banker in Italy
Societe Generale Corporate & Investment Banking has named Marco Beleltti as a senior banker in Milan, Italy.
UBS to pay $50m to settle SEC charges
UBS has agreed to pay about $50 million to settle federal civil charges of misleading investors in its sale of risky mortgage bonds ahead of the 2008 financial crisis.
Goldman Sachs banker to head Deutsche Bank in Australia
Senior Goldman Sachs executive James McMurdo will take charge of Deutsche Banks Australian and New Zealand business as CEO, replacing John Macfarlane, who retires in early 2014.
Merrill Corporation opens new office in Singapore
Merrill Corporation, a provider of technology-enabled services for the financial, health care, real estate, legal and other corporate markets, has opened a new office in Singapore to serve the growing needs of the Southeast Asian capital markets.
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Global ETF and ETP assets reached US$2.16 trillion: ETFGI
According to preliminary figures from ETFGIs Global ETF and ETP industry insights report, near record net inflows of US$44.08 billion and strong market performance helped to push global ETF and ETP assets to US$2.16 trillion at the end of July 2013. There are now 4,883 ETFs/ETPs, with 9,925 listings, from 209 providers listed on 57 exchanges.
Brooks Macdonald to expand its fund range
Brooks Macdonald is seeking to expand its product range, including an aggressive fund of funds and passive versions of existing funds, according to FTAdviser.
Citi appoints new directors and UHNW private bankers
Citi Private Bank has appointed Blair Ege as director and ultra-high-net-worth private banker in its Washington, DC, office.
FINRA issues new investor alert to beat ‘cold calling’ scammers
The Financial Industry Regulatory Authority (FINRA) has issued a new investor alert called cold calls from brokerage firm imposters – Beware of Old-Fashioned Phishing, to warn investors of cold calls from scammers falsely claiming to be representatives of at least one well-known brokerage firm.
Blackstone closes acquisition of Strategic Partners from Credit Suisse
Blackstone has closed on its acquisition of Strategic Partners from Credit Suisse. Strategic Partners is a secondary private fund of funds business, with $10 billion in assets under management.