All articles by Verdict Staff
Verdict Staff
Who’s More Error Prone, Conservative or Aggressive Investors?
Who’s more likely to admit to making a big financial mistake, a conservative or aggressive investor? A recent survey from Spectrem’s Millionaire Corner finds that self-described conservative investors – those who say they’re reluctant to expose any of their assets to investment risk – are more likely than self-described aggressive investors to indicate they’ve made a bad financial move.
BRE Bank after 2012: 4.1 million clients and 1.2 billion profit
Net profit of BRE Bank Group exceeded PLN 1.2 billion, which represents a rise by 6% compared to an equally good 2011.
BARCLAYS CONTINUES TO EXPAND ITS WEALTH AND INVESTMENT MANAGEMENT TEAM
Barclays announced today that it has hired 16 Investment Representatives in the Wealth and Investment Management division, in seven of its offices across the US.
Michael Chen Joins Cab as Head of Hedge Fund Tax Advisory Division
Charles A. Barragato & Co. LLP (“CAB”), CPAs and Trusted Business Advisors, is proud to announce that Michael Chen has joined CAB as a partner in the newly-created hedge fund and private equity tax advisory division.
Goldman Sachs appoints co-head of global mergers
Goldman Sachs Group Inc. has appointed Gregg Lemkau as the co-head of global M&A alongside Gene Sykes, who was the sole head of the unit since the departure of Yoël Zaoui, who left Goldman Sachs in 2012.
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Banif – Banco Internacional do Funchal, SA informs about full-year 2012 results
Banif SA posted a consolidated net loss of Euro 576.4 million in 2012. In this period, the Groups activity was developed against the worsening of the Portuguese economic prospects, on the back of an economic contraction, reduction of private consumption, increasing levels of unemployment and acceleration of credit risk deterioration, of both corporates and households segments.
UHNW Rank Financial Service Firms
A growing share of Ultra High Net Worth investors plan to use the services of Fidelity, Vanguard and Schwab this year compared to last, according to a fourth-quarter Spectrem Group study on affluent investors’ perceptions of financial services providers.
William Blair & Company Expands Its Services to Public Sector and Nonprofit Clients
William Blair & Company, a global investment banking and asset management firm, announces the expansion of its services to public sector and nonprofit clients with the addition of Cheryl Hines as managing director, Ken Gillespie as director, and Jeff Pickett as senior vice president in William Blair’s San Francisco office.
KBL European Private Bankers appoints COO
Luxembourg-based KBL European Private Bankers has appointed Marc Lauwers as the chief operating officer (COO).
FishNet Security has sold a majority stake to Investcorp
William Blair & Company acted as exclusive financial advisor to FishNet Security, a portfolio company of Lake Capital, in conjunction with its sale to Investcorp.