All articles by Verdict Staff
Verdict Staff
Coutts names new global chief economist
Coutts, the private banking arm of RBS, has appointed Mark McFarland as executive director and global chief economist.
BlackRock wins four new mandates from NZ Super
BlackRock has won four new mandates from the New Zealand Superannuation Fund (NZ Super).
DeAWM appoints head of key client partners & wealth investment advisory for Americas
Deutsche Asset & Wealth Management (DeAWM) has appointed Caroline Kitidis as head of key client partners & wealth investment advisory for the Americas.
BNP Paribas completes custody migration of 8 billion Henderson funds
BNP Paribas Securities Services has completed the final stage of the custody migration of a large number of Henderson funds on to its platform.
British regulatory experts form new compliance association
A group of regulatory experts have founded a brand new industry association, UK Compliance and Regulatory Association (UKCRA), to enhance professional standards and minimise risks within the regulated financial services industry.
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HSBC to sell private banking activities in Luxembourg to VP Bank
Germany-based HSBC Trinkaus & Burkhardt has agreed to sell its private banking and fund business in Luxembourg to Liechtensteins VP Bank Group for an undisclosed price.
Brokers Tipping clients prior to public release of analyst recommendations: CMCRC
A study conducted by Capital Markets Cooperative Research Centre (CMCRC), the Australian independent academic centre for capital market research, reveals abnormal trading volumes prior to public release of analyst recommendations on associated stocks, suggesting evidence of tipping to privileged clients by some brokers.
Barclays appoints global compliance head for wealth and investment management
Barclays Bank has appointed Christina Sinclair as global head of compliance, wealth and investment management.
JPMorgan’s asset management division registers 28% rise in Q2 income
JPMorgan’s asset management division has reported a net income of US$500 million for the second quarter of 2013, a 28% increase compared to US$391 million for the same period of 2012.
Wells Fargo’s advisory business registers 26% rise in Q2 income
Wells Fargos wealth, brokerage and retirement division has reported a net income of US$434 million for the second quarter of 2013, compared to US$343 million for the same period of 2012.