All articles by Verdict Staff

Verdict Staff

J.P. Morgan honored for philanthropic initiatives in South Africa

J.P. Morgan was recently honored by Shared Interest, a leading New York based non-profit social investment fund serving South Africa, for the firm’s philanthropic initiatives in the country related to workforce development, entrepreneurship and supporting small business growth.

SEC Charges Former Rochdale Securities Broker for Rogue Trades That Brought Down Firm

The Securities and Exchange Commission today charged a former employee at a Connecticut-based brokerage firm with scheming to personally profit from placing unauthorized orders to buy Apple stock.

CitiTrust appoints new CEO in Asia-Pacific

CitiTrust, a subsidiary of Citigroup in Tokyo, has appointed Stewart Aldcroft as its new CEO.

Alternative EM funds continue to post strong growth

Alternative funds showed growth in the first part of 2013 underpinned by strong emerging markets, according to the quarterly Alternative UCITS Barometer published by ML Capital.

SJP appoints non-exec directors from Lloyds

SJP has appointed Alison Hewitt and Sue Harris as non-executive directors from Lloyds.

Schroders to offer Insurance Linked Securities

Schroders is pleased to announce the addition of Insurance Linked Securities to its product
offering for Institutional clients for the first time, following the acquisition of 30 per cent. of the
share capital of Secquaero Advisors Limited (Secquaero), an Insurance Linked Securities investment management business in Switzerland. As at 31 March 2013, Secquaero advised assets undermanagement of approximately US$280 million.

Suncorp appoints CIO from NAB

Suncorp Group has appointed Nick Basile as chief investment officer.

BlackRock registers 10% rise in Q1 income

American investment manager BlackRock, Inc. has reported a net income of $632 million, or $3.62 a share for the first quarter of 2013, an increase of 10% from $572 million, or $3.14 reported a year earlier.

Australian government looks at Islamic finance growth opportunities

Islamic finance has many opportunities to provide for growth in both the Australian financial services sector and the wider economy, according to the Australian government, reports Financial Standard.

Integrated Wealth Management Unveils Integrated Risk Management Associates

Integrated Wealth Management continues to expand their offerings by adding risk management and insurance services for new and existing clients.