All articles by Verdict Staff
Verdict Staff
Kepler Capital Market completes acquisition of Credit Agricole Cheuvreux
Kepler Capital Market has completed the acquisition of Credit Agricole Cheuvreux (CA Cheuvreux), first announced in July last year.
Societe Generale Private Banking reports 19% rise in Q1 profit
Societe Generale Private Banking has reported a net income of EUR43 million for the first quarter of 2013, an increase of 19.4% compared to EUR36 million reported a year ago.
Northern Trust appoints Brian Ovaert as Hong Kong country executive
21 Year Northern Trust veteran to lead office providing Asset Management, custody and Global Fund Services to Institutional Clients
Stephanie A. Hood Elected President of the Boston Chapter of the Association of Legal Administrators
Hemenway & Barnes Executive Director Stephanie A. Hood was elected as the new President of the Boston Chapter of the Association of Legal Administrators (ALA).
Wells Fargo CityLIFT program to provide $9.5 million to help eligible homebuyers with down payment assistance grants to buy and live in Jersey City, Newark, the Bronx, Brooklyn
Effort includes opportunity to get homebuyer education; qualify for $15,000 in Jersey City/Newark and $30,000 in the Bronx/Brooklyn for down payment assistance to purchase affordable home.
Effort launches at June 7 & 8 event to be held at Pier 94 in Manhattan; homebuyers can apply for down payment assistance grants and participate in homebuyer support programs
NeighborWorks America non-profit affiliates La Casa de Don Pedro of Newark and Neighborhood Housing Services of New York City will provide homebuyer education and help qualified prospective homeowners reserve down payment assistance grants. Neighborhood Housing Services of New York City will determine income eligibility
Similar events in 17 housing markets have helped create more than 2,850 new homeowners through Wells Fargo LIFT program Down Payment .
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IMA opts against changing fixed income fund rules
The IMA has discarded modification of its sector rules governing fixed income funds.
BofA to pay MBIA US$1.6 billion to settle litigation
In order to resolve a long-standing litigation, Bank of America (BofA) has agreed to pay US$1.6 billion to MBIA, which will also enable the lender to receive warrants to buy 9.94 million shares, or roughly a 4.9% stake, in the bond insurer.
Vanguard enters Hong Kong retail market
Vanguard, the pioneering mutual fund company known around the world for setting the standard for low investment costs, clear fee disclosures and broadly diversified portfolios, today launched its intermediary business in Hong Kong to expand access to its products to investors throughout Asia.
Commerzbank slips to loss in Q1 due to restructuring
German lender Commerzbank AG has reported a net loss attributable to shareholders of EUR 94 million ($123 million), as against a profit of EUR355 million in the previous year.
GAMCO Investors Reports First Quarter Results
GAMCO Investors, Inc., announced first quarter 2013 earnings of $22.5 million or $0.88 per fully diluted share versus $23.8 million or $0.90 per fully diluted share in the first quarter 2012.