All articles by Verdict Staff

Verdict Staff

FTI Consulting To Release First Quarter 2013 Results and Host Conference Call

FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it will release financial results for the first quarter ended March 31, 2013, before the market opens on Thursday, May 9, 2013.

MFSA confirms investigation on LM Investment Management

Australia-based fund manager, LM Investment Management, will be investigated by Malta’s financial services regulator (MFSA) for its sale of securities in Malta.

Regions Announces Pricing of $750 Million in Senior Notes

Regions Financial Corporation today announced that it has priced a public offering of $750 million aggregate principal amount of 2.00% Senior Notes due 2018.

The best year in the history of J&T BANKA was 2012. Operating profit reached CZK 1.67 billion, growing 1.5 times year-on-year. (4/10/2013)

J&T BANKA, one of the most important private banks on the Czech market, experienced another very successful year. The bank’s net profit in 2012 grew more than 2.5 times year-on-year to CZK 1.015 billion crowns.

British wealth managers forced to re-evaluate their value proposition: Pershing study

UK wealth managers are being forced to re-examine their value proposition in light of the implementation of the Retail Distribution Review (RDR) at the beginning of 2013, according to research commissioned by Pershing, a BNY Mellon company.

Innovest and Administrative Systems, Inc. (ASI) Merge to Create Integrated, Single-Source Trust and Wealth Management Technology Company

Innovest Systems, LLC, provider of InnoTrust, the next-generation technology platform for forward-thinking trust and wealth management professionals, and Administrative Systems, Inc. (ASI), the leading provider of secure automated disbursements, tax form processing, and document fulfillment, today jointly announced their intent to merge in a stock-for-stock transaction effective April 30, 2013. Terms of the merger agreement will not be disclosed.

Regions Announces Offer to Purchase Certain Outstanding Senior Debt Securities

Regions Financial Corp announced today that it has commenced a cash tender offer to repurchase up to. $350 million combined aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 7.75% Senior Notes due 2014 (the “2014 Notes”) and 5.75% Senior Notes due 2015 (the “2015 Notes” and, together with the 2014 Notes, the “Notes”).

H&R Block Reports Tax Return Volume Through April 18; To Announce Fiscal 2013 Results on June 12

H&R Block, Inc. (NYSE: HRB), the world’s largest consumer tax services provider, today released its U.S. tax return volume through April 18. Total U.S. returns decreased 0.9(1) percent compared to the prior year to 22.0 million.

Sovereign Group acquires The JLJ Group

The Sovereign Group, an independent, international wealth management and corporate services provider, has acquired The JLJ Group, a specialist provider of China entry and growth services.

Lloyds Banking Group’s Wealth business appoints new Digital Director

Lloyds Banking Group has appointed Phil Allen as Digital Director of its Wealth and International division.