All articles by Verdict Staff

Verdict Staff

AXA Wealth makes four key enhancements to Elevate

In order to further enrich its usability, AXA Wealth has made a number of enhancements to the award winning* Elevate platform , giving advisers greater control and flexibility.

RBC poaches five veteran advisers from Morgan Stanley Wealth Management

RBC Wealth Management has strengthened its presence in Pittsburgh by hiring five advisors with US$2.8 million in combined production.

Dbs Bank Launches First-Of-Its-Kind Hdb Home Loan In Singapore

DBS Bank today announced the launch of the POSB HDB loan, a first-of-its-kind HDB home loan in Singapore. POSB HDB Loan is the first floating rate programme in Singapore to provide HDB homebuyers with the security of having interest capped below HDB concessionary rates for 10 years while benefiting from the current low interest rates.

Santander pulls out of investment advice, cuts 724 jobs

Spanish banking group Santander has cut down 724 jobs and pulled out of investment advice, but the lender has set up a financial planning arm comprising 150 staff members to deal with existing customers.

Credit Suisse to sell JO Hambro Investment for £50m

Credit Suisse Group AG has agreed to sell British wealth manager JO Hambro Investment Management Ltd. (JOHIM) to Bermuda National Limited (BNL) for £50m.

Lord Turner to join New York think-tank post FSA abolishment

Financial Services Authority (FSA) chairman Lord Turner will, reportedly, join the Institute for New Economic Thinking, a New York-based think-tank, set up by billionaire investor George Soros, after he steps down from Britain’s financial regulator on its abolition.

Towry expands employer, wealth advice business in Glasgow

UK-based financial advice and investment management firm Towry has expanded its employer and a wealth advice business in Glasgow.

Sec charges sigma capital portfolio manager with insider trading

The Securities and Exchange Commission today charged Michael Steinberg, a portfolio manager at New York-based hedge fund advisory firm Sigma Capital Management, with trading on inside information ahead of quarterly earnings announcements by Dell and Nvidia Corporation.

Vontobel appoints new head of private banking Switzerland

Swiss private bank Vontobel has appointed Jean-Pierre Stillhart as the head of private banking Switzerland, effective from 1 October 2013.

GFH Capital sells 10% stake in soccer club Leeds United to IIB

GFH Capital, the owner of the English soccer club Leeds United, has sold 10% of the club to Bahraini investment fund, the International Investment Bank (IIB).