All articles by Verdict Staff
Verdict Staff
Morgan Stanley Wealth Management appoints Wells Fargo, Merrill Lynch advisers
US-based Morgan Stanley Wealth Management has said that advisers from the wealth-management arms of Merrill Lynch and Wells Fargo & Co. have joined the firm, to expand its footprint in Illinois and Ohio.
Kazimir Partners buys Renaissance Asset Managers
Kazimir Partners has acquired Russia-based Renaissance Groups asset management arm, Renaissance Asset Managers (RAM).
Financial Conduct Authority Board members confirmed
HM Treasury today named the members of the Financial Conduct Authority (FCA) Board. The Board will be effective from 1 April 2013 when the FCA begins operating.
TISA asks for one-year delay on the proposed rebate tax
UK’s Tax Incentivised Savings Association (TISA) has asked the Treasury for a one-year delay on the proposed rebate tax, after estimating that the costs to the industry far outweighs the tax likely to be recouped.
Julius Baer begins Merrill Lynchs IWM unit
Julius Baer has transferred legal entities in four locations in relation to its acquisition of Merrill Lynch’s International Wealth Management (IWM) unit, keeping the integration process, launched on 1 February 2013, on schedule.
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AXA UK plc appoints Ian Brimecome as Chairman
AXA UK has appointed Ian Brimecome as Chairman of the Board. Mr Brimecome has been a non-executive director of AXA UK for six years and takes up his new role today.
Barclays expands wealth division in Edinburgh
Barclays has hired Kenneth Warnock as portfolio manager to expand its wealth and investment management division in Edinburgh.
Towry withholds plan to go public
Towry has backtracked on it plans to list itself and a public company as it has raised enough money privately to expand through acquisitions, according a report published by Financial Times.
Falcon Private Wealth acquires Clariden Leu ‘Europe’
Falcon Private Bank Ltd. has completed the acquisition of Clariden Leu (Europe) Ltd.
Knight Frank marks strong rental growth in 2012
The Knight Frank prime global rental index rose by 1.6% in Q4 2012, as a tight mortgage market along with limited supply (in the established markets) and rising property prices (in the emerging markets) pushed many would-be purchasers into rental accommodation.