All articles by Verdict Staff

Verdict Staff

SocGen hires UK advisor sales chief from RBS

SocGen has hired Zak de Mariveles, the ex-RBS structured product director, who will head UK adviser sales, as per MoneyMarketing.

First Niagara Launches Mobile Banking Platform

First Niagara Financial Group, Inc. (NASDAQ:FNFG) announced today that it has launched its mobile banking application available for Smartphone users.

National Financial Partners appoints senior vice president of business development

National Financial Partners Corp., a provider of benefits, insurance and wealth management services, has appointed Dan Schwamb as senior vice president, business development.

Information about preliminary results of Bank Millennium Capital Group in 2012 Financial Year

Bank Millennium Group (the “Group”) consolidated net profit for the 2012 financial amounted to PLN 472.2 million, which means a 1.2% growth compared to the net profit of 2011. In 4Q 2012 net profit of the Group reached PLN 125.9 million, which marked an increase by 0.6% compared to 3Q 2012.

PSigma Asset Management adds UBS to Income fund

UK-based PSigma Asset Management’s income fund manager Bill Mott and his team have added Swiss banking business UBS to the portfolio due to restructuring changes at the investment bank, fundweb has reported.

Blackrock cautious on Muni Bond ETFs

Research reveals fixed income exchange traded products posted their strongest year to date inflows in history, 94% above 2011’s GBP14.41bn.

CBA reports profits in wealth division

Commonwealth Bank of Australia’s wealth management arm has posted a net after tax profit of $334 million, in its half-year result.

McGuireWoods expands London office, hires two

As a part of its expansion plans, McGuireWoods has appointed Hed Amitai as a partner and Claire Trotel as an associate to its private wealth services practice in London.

JOSEPH A. SULLIVAN APPOINTED PRESIDENT AND CHIEF EXECUTIVE OFFICER OF LEGG MASON, INC.

The Board of Directors of Legg Mason, Inc. (NYSE: LM), one of the world’s largest global asset management firms, today announced that it has appointed Joseph A. Sullivan President and Chief Executive Officer and a member of the Board of Directors, effective immediately.

Skagen enters the UK wholesale market

Norwegian asset manager Skagen has started its venture into the UK wholesale market by launching four equity and fixed interest funds on the Transact Platform.