All articles by Verdict Staff

Verdict Staff

BNY Mellon expands fund services for ING US Investment Management

BNY Mellon has expanded its relationship with ING US Investment Management to provide fund accounting and administration, custody, and transfer agency services for the Wisconsin Tomorrow’s Scholar 529 Plan and the Iowa Advisor 529 Plan.

Intrinsic buys advisory firm Positive Solutions from Aegon

Intrinsic Financial Solutions has acquired adviser business Positive Solutions (PosSol) from Aegon for an undisclosed sum.

Inflation in Brazil rose significantly between 2007 and 2011

Inflation in Brazil rose significantly between 2007 and 2011

American regulators warn investors against pump-and-dump stock spam

The Securities and Exchange Commission (SEC) of US and the Financial Industry Regulatory Authority (FINRA) have issued a warning to investors about a sharp increase in e-mail linked to ‘pump-and-dump’ stock schemes.

Singapore regulator to reprimand banks on rate rigging: report

The Monetary Authority of Singapore (MAS) plans to reprimand banks in the city-state following an 11-month review into how benchmark interest rates are set, Bloomberg reported citing five people with knowledge of the matter.

Credit Suisse launches two new commodity index ETNs

Credit Suisse has launched two new commodity index ETNs and begun trading on the NYSE ARCA.

Scotiabank renames DundeeWealth as HollisWealth

Scotiabank has renamed Toronto based DundeeWealth to HollisWealth (TM) effective 1 November, 2013.

LGT CEO expects Liechtenstein banks to ‘flourish’ with clarity on tax issues

Chief executive of Liechtenstein’s biggest bank, LGT, Prince Max von und zu Liechtenstein, has said, in an interview with Reuters, that he expects Liechtenstein and Swiss banks to flourish if disputes over untaxed assets are settled fast.

Investec hires senior investment directors to expand private client team

Investec Wealth & Investment has appointed David Jones and Richard Goodier specialising in higher net worth offering as senior investment directors to expand its Manchester based private client team.

Highly engaged’ Americans divided in their approach to investing: Charles Schwab study

A majority of Americans who are highly engaged across many aspects of life also grab hold of the wheel when it comes to investing, according to a new study by Charles Schwab.