All articles by Verdict Staff
Verdict Staff
US Wealth Management appoints managing director and head of corporate development
US Wealth Management (USWM) a network of wealth managers providing financial advice and custom-tailored wealth planning strategies to clients across the country has appointed Christian Widen as managing director and head of corporate development, effective immediately.
Court ruling stops UK’s wealthy from using offshore companies to protect assets from ex-spouses
A new ruling by Britain’s highest court has stated that wealthy individuals will no longer be able to use offshore companies to shield their assets from their former spouses in the event of a UK divorce.
Canadian securities regulators require delivery of fund facts for mutual funds
The Canadian Securities Administrators (CSA) has made amendments to National Instrument Mutual Fund Prospectus Disclosure and related consequential amendments, which will require delivery of the Fund Facts document for mutual funds instead of the simplified prospectus for the prospectus delivery requirements.
UBS Wealth Management Americas launches pilot adviser training initiative
UBS Wealth Management Americas has launched a pilot adviser training initiative that differs in emphasis from the traditional brokerage training track.
FCA asked to step up its game
The Financial Conduct Authority (FCA) needs to provide more clarity and be more assertive about protecting consumer rights, hit by years of misleading sales tactics, former top policymakers Hector Sants and Paul Myners have said.
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RHJI’s largest shareholder against break up of company
Franklin Equity Group, the biggest shareholder in RHJ International, has said that it will not support a proposal to break up the owner of the private bank, Kleinwort Benson.
Retail and fashion and FMCG main wealth accumulation industries for UHNWIs in France
Retail and fashion and FMCG main wealth accumulation industries for UHNWIs in France
Societe Generale in talks to buy out Credit Agricole’s stake in Newedge
Societe Generale is in talks to buy the 50% stake of Credit Agricole over their jointly owned brokerage firm Newedge, Reuters reported citing sources familiar with the matter.
BlackRock receives approval to buy Credit Suisse’s ETF business
The Office of Fair Trading (OFT) has approved BlackRock’s acquisition of Credit Suisse’s exchange traded funds (ETF) business.
Quilter recruits investment managers for London office
Quilter has hired two investment managers, Alex Ford and Jonathan Raymond, to expand its investment team in London.