All articles by Verdict Staff
Verdict Staff
Cofunds chairman exits after L&G takes over
Cofunds chairman Charlie Eppinger has stepped down with immediate effect following Legal & Generals completed acquisition of the platform.
Hawksford appoints new CEO
Maxine Rawlins, a partner at Ernst & Young, will take on the role of chief executive of Hawksford, in 2014 when the incumbent chief executive, Peter Murley, retires.
Rajat Gupta seeks retrial over insider trading conviction
Ex-Goldman Sachs director Rajat Gupta’s attorney has urged an appeals court panel to overturn their client’s insider- trading conviction arguing that wiretap evidence used by the prosecution should not have been introduced at trial.
Societe Generale Bank & Trust moves core banking systems to private cloud with Anubex
Luxembourg private bank Societe Generale Bank & Trust (SGBT), subsidiary of Societe Generale Group, has completed the migration of its mission-critical banking systems to Anubexa’s cloud computing architecture.
Morgan Stanley hires new Benelux sales head
Morgan Stanley Investment Management has appointed Pepijn Heins, international business development director at US asset manager Eaton Vance, as head of Benelux sales.
Standard Chartered to tap millionaires in Southeast Asia to bolster growth
Standard Chartered is planning to tap rising demand for wealth management products in Southeast Asia to bolster growth, the bank’s CEO Peter Sands said in an interview, referring to the 10-member Association of Southeast Asian Nations.
FINRA considering new rules to regulate dark pool trading
The Financial Industry Regulatory Authority (FINRA), the private-sector regulator of US brokerages, is considering new rules to better monitor trading in dark pools, private venues that don’t post investors’ bids.
US Wealth Management adds two new advisory practices to platform
US Wealth Management (USWM) has recruited two new independent financial advisory practices to its platform, including Equity Planning Inc. and a team of two advisors based in Lehigh Valley, Pennsylvania.
Millionaire Millennials most confident in their financial knowledge
Millionaire Millennials exceeding confidence in their financial knowledge is fostering a self-directed generation that at this time is less likely than previous generations to seek out a financial advisor, according to a according to a recently published report from Spectrems Millionaire Corner, HNW Millennials.
European investors fear worst euro crisis not yet over: Fitch
The majority of European investors believe buoyant financial markets do not reflect underlying weaknesses in the eurozone, according to Fitch Ratings’ quarterly investor survey.