All articles by Verdict Staff

Verdict Staff

Janus Capital Group Inc. Announces First Quarter 2013 Results

Janus Capital Group Inc. (“JCG”) (NYSE: JNS) today reported first quarter net income
of $28.0 million, or $0.15 per diluted share, compared with fourth quarter 2012 net income of
$31.2 million, or $0.17 per diluted share, and net income of $22.6 million, or $0.12 per diluted share, in the first quarter 2012.

Sun Hung Kai Investment fined for transactions

Sun Hung Kai Investment Services has been fined for erroneous transactions, reports The Standard.

Wealth management firm expands to Birmingham

Linscomb & Williams, a fee-based financial advisory firm and affiliate of Cadence Bank, has established a presence in Birmingham.

MENA region growing strongly and throwing up new opportunities: Barings

Middle East and North Africa (MENA) regions are enjoying healthy rates of growth, at a premium to developed or even emerging neighbours, and governments across the MENA sectors are investing in infrastructure, according Baring Asset Management.

S&P Capital IQ’s exposure to European equities remains underweight for Q2 2013

In response to weakening investor sentiment and slowing growth, S&P Capital IQ’s exposure to European equities remains underweight for Q2 2013.

Household wealth soars past GBP7 trillion

The average household has become GBP86,000 (US$131,003) richer over the last decade new research from the Office of National Statistics has shown.

The Earl of Limerick and Mark Browning join Oracle Capital Group Advisory Board

Oracle Capital Group, a global independent multi-family office and wealth consultancy, has announced the appointments of the Earl of Limerick and Mark Browning to its Advisory Board.

Pretax earnings up 39% at Ameriprise Financial’s wealth arm in Q1

Ameriprise Financial Inc.’s Advice & Wealth Management arm has reported pretax operating earnings of $131 million for the first quarter of 2013, an increase of 39% compared to year ago period.

Standard Chartered Appoints Head of Southeast Asia Financial Institutions Strategic Coverage

Standard Chartered has appointed Petter Sternby as Head, South East Asia Financial Institutions (FI) Strategic Coverage. Based in Singapore, Petter will report to James Pearson, Global Head of FI Strategic Coverage. Petter joined the Bank on 8 April.

Barclays Announces Senior Management Changes

Subsequent to Barclays’ publication of the outcomes of its Strategic Review on 12 February, the bank has today announced changes to the senior management within Corporate and Investment Banking, Wealth and Investment Management, and Barclays’ business in the Americas which will streamline the leadership in these areas and accelerate execution of the Transform Programme to build the ‘Go-To’ bank.