All articles by Verdict Staff
Verdict Staff
Wells Fargo hires nine advisers from Morgan Stanley, Merrill and RBC
Wells Fargo has hired nine advisers in six states from rival firms Morgan Stanley Wealth Management, Merrill Lynch, and RBC Wealth Management to join its St. Louis-based brokerage business.
JPMorgan to spin off private equity business
JPMorgan Chase is spinning off its private equity arm, One Equity Partners (OEP), as the largest US bank increases its focus on client businesses.
FCA wins appeal against judicial review
A High Court ruling that would have allowed a judicial review of a Financial Services Authority’s Regulatory Decisions Committee (RDC) determination has been overturned by the Court of Appeal.
Zurich Financial Services Australia awards Presima real estate mandate
Zurich Financial Services Australia has awarded Canadian fund manager Presima a global $63 million real estate investment trust (REIT) mandate.
Canada in support of G8 efforts to curb tax evasion
The Canadian prime minister, Stephen Harper, has said he is supportive of the G8s efforts to combat international tax evasion, but is, reportedly, raising warning signs for his government to first consult with the provinces on some key proposals such as publishing the true owners of offshore accounts.
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JPMorgan plans to launch asset tracking service
JP Morgan is planning to launch a new asset tracking service, known as Collateral Central, to allow customers to track and optimise all of their available collateral – irrespective of their holdings at other banks and custodians.
Qatar’s cental bank toughens curbs on banks’ securities investments
Qatar’s central bank has tightened its rules on how much banks can invest in stocks and bonds, according to a report by Reuters.
New rules for governing Italian asset management industry come into force
A new set of rules for governing the Italian asset management industry have kicked off on 14 June.
Investors worried about financial repression as policy decisions drive global markets: Study
More than 62% of investors are of the opinion that Central bank policy decisions will be the primary factor driving global markets in the next three years, says an annual report released by CREATE-Research and commissioned by Principal Global Investors.
SEI Canada appoints managing director, head of asset management distribution
SEI has appointed Andy Mitchell as managing director, head of asset management distribution for SEIs Canadian office.