All articles by Verdict Staff
Verdict Staff
FCA warning over execution-only services
The Financial Conduct Authority (FCA) has warned execution-only services could be subject to advice rules if customers believe they have received advice.
Appleby grows Guernsey funds team
Offshore provider of legal, fiduciary and administration services, Appleby, has made two senior additions to its Funds & Investment Services team in Guernsey.
RWC Partners launches Cayman-based European Focus Fund with US$145 million
RWC Partners Limited, an investment manager for intermediaries and institutions, has launched Cayman-based European Focus Fund with US$145million under management, representing support from existing investors.
Singapore to overtake Switzerland as leading Offshore Hub by 2020
This press release is part of WealthInsights report on the Offshore Centers entitled: Offshore
Centers: 2012 Private Banking Handbook.
Piper Jaffray income surges in Q1
American investment banking firm Piper Jaffray Companies has posted net income applicable to company of $10.14 million or $0.57 per share versus prior-year net income of $2.92 million or $0.15 per share.
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Standard Life appoints senior economist from BNP Paribas
Standard Life has hired Jeremy Lawson to its global strategy team as senior international economist.
U.S. Bancorp Reports 9 Percent Increase in Earnings Per Diluted Common Share for the First Quarter of 2013
U.S. Bancorp (NYSE: USB) today reported net income of $1,428 million for the first quarter of 2013, or $.73 per diluted common share. Earnings for the first quarter of 2013 were driven by a year-over-year reduction in noninterest expense and a lower provision for credit losses.
JP Morgan predicts 20% drop in advisers due to RDR
JP Morgan forecasts the number of financial advisers to drop by a further 20% to under 20,000 due to the Retail Distribution Review (RDR).
Elavon and Banco Santander Close Deal to Deliver Merchant Services in Spain
Elavon, a leading global payments provider, and Banco Santander, an international financial institution operating in 10 major markets with more than 100 million clients serviced by 15,000 branches, today confirm the establishment of a joint venture (JV) relationship in Spain, originally announced and proposed for regulatory approval in October 2012. Elavon is a wholly owned subsidiary of U.S. Bancorp (NYSE: USB).
Jupiter appoints Damian Cocking as Head of Private Clients & Charities Business Development
Jupiter Asset Management has appointed Damian Cocking as Head of Private Clients & Charities Business Development.