All articles by Verdict Staff

Verdict Staff

Barclays makes two senior appointments

Barclays has appointed Lydia Fearn and Jesal Mistry with the aim of strengthening its investment consultant capabilities.

Ex-Goldman trader Taylor pleads guilty to wire fraud

Ex-Goldman Sachs Group Inc trader, Matthew Taylor, has pleaded guilty to concealing an unauthorised US$8.3 billion trading position in 2007, causing the bank to lose US$118 million.

Rebate tax may be ‘fundamental breach of market freedom’

HM Revenue & Customs’ (HMRC’s) decision to tax unit and cash rebates could violate UK case law on competition, as the move will imply that the platforms be forced to abandon negotiating individual discounts with manager, according to a platform consultancy.

Bank Solutions Group Adds New Wealth Management Partner, JP Nicols

Bank Solutions Group expands Its Wealth Management Consulting Practice with addition of JP Nicols, a recognized industry expert helping banks improve business performance and accelerate growth in affluent markets.

JP Morgan to launch Global Convertibles Income trust

JP Morgan Asset Management is planning to launch the Global Convertibles Income trust, which will allow investors to access convertible securities globally.

BNY Mellon Appointed as Depositary Bank by Austrian Post

BNY Mellon, the global leader in investment management and investment services, has been appointed by Oesterreichische Post AG (Austrian Post) as the depositary bank for its American depositary receipt (ADR) program.

LaSalle names new CEO for Americas

LaSalle Investment Management, a US-based real estate investment management firm, has appointed Jason Kern as its new CEO for the Americas, effective from 1 July 2013.

Thaddeus Shelly Joins Tiedemann Wealth Management

Tiedemann Wealth Management announced today the appointment of Thaddeus R. Shelly, III as a Managing Director and Senior Advisor.

Morgan Stanley brokers join UBS Wealth Management Americas

Two brokers from Morgan Stanley Wealth Management have joined the wealth-management arm of UBS AG.

Sebi to introduce social media norms

Indian capital market regulator Sebi will issue guidelines to companies on usage of social media for disseminating information to clients and shareholders, reports Economic Times.