All articles by Verdict Staff
Verdict Staff
Banks that fail to incorporate mobile, web technologies will be left behind: Aite Group
Banks that fail to incorporate mobile and web technologies into their client-facing onboarding processes will be left behind, according to an Aite Group research.
China Renaissance hires managing director and COO
China Renaissance has hired Christine Low as its managing director and chief operating officer.
Morgan Stanley signs agreement with StanChart for India wealth management unit sale
Morgan Stanley has signed an agreement to sell its Indian wealth management unit to Standard Chartered, however the financial terms of the deal remain undisclosed, reported Reuters.
Saxo Bank launches technical insight data tool for traders
Denmark-based Saxo Bank has launched Trade Navigator – a new technical insight data tool for traders.
Kashmir sapphire sells for record US$ 3.5 million
A 19.88 carats cushion-shaped sapphire from Kashmir called “The star of Kashmir” has fetched a record high of US$ 3.5 million, after being sold for the highest per carat price of a sapphire in Geneva.
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BMO Global Asset Management appoints new director of national accounts and Las Vegas relationship coordinator
BMO Global Asset Management announced the appointment of Don Borschel to director of national accounts and Jeff Cole to relationship coordinator for BMO Taft Hartley Services in the Las Vegas headquarters.
FSCS declares Honister Capital in default
The Financial Services Compensation Scheme (FSCS) has declared Honister Capital, which includes IFA networks Sage Financial (HILLI), Honister Partners (HONPA), and Burns Anderson (BANDE), to be in default.
SAC Capital refuses to “fully cooperate” with government in insider trading investigation
SAC Capital Advisors has told investors that it will no longer cooperate “unconditionally” with the US government’s insider trading investigation.
Schroders receives shareholders’ approval to acquire Cazenove Capital for GBP424 million
Asset manager Schroders has received approval from Cazenove Capital shareholders to acquire the latter for GBP424 million (US$644 million).
Capital targeted by Europe-focused real estate debt funds increases by over 300%: Preqin
The aggregate target capital of Europe-focused real estate debt funds currently in market is more than four times the amount of capital being targeted a year ago, according to new research by Preqin.