All articles by Verdict Staff

Verdict Staff

McGladrey Expands Transaction Advisory Services Practice with New Directors

McGladrey LLP, the leading U.S. provider of assurance, tax and consulting services focused on the middle market, recently welcomed Rich Albano and Vipul Barbhaya as directors in the Transaction Advisory Services practice.

Changes in the General Terms of Business

ABLV Bank, AS Board approved new version of ABLV Bank, AS General Terms of Business (edition 23). Those will be effective from the 1st of March this year.

Bank of Montreal to Repurchase Up to 15 Million of its Common Shares

Bank of Montreal (the Bank) (TSX:BMO)(NYSE:BMO) today announced that it has received approvals from the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada (OSFI) to proceed with a normal course issuer bid through the facilities of the TSX to purchase, for cancellation, up to 15 million of its common shares commencing February 1, 2013, and ending January 31, 2014.

Morgan Stanley poaches advisors from UBS Wealth Management

Morgan Stanley has hired 5 advisors from UBS who had previously managed US$750 million in client assets.

FolioDynamix appoints new CEO

FolioDynamix, a US-based provider of web-based technology, content and services for managing the full investment and wealth advisory lifecycle, has appointed John Carey as chief operating officer.

McCrary Stone Financial Solutions opens San Antonio office

US-based entrepreneurs Brent McCrary and Angela Stone have launched a new wealth-management company called McCrary Stone Financial Solutions.

Chinese regulators call for unified standards for wealth management products

Common standards and regulations should be used when it comes to wealth management products sold by non-banking institutions, said a senior banking regulator. He forewarned that failing to do so will generate risks and cause a shock this year.

Vistra acquires BSI Trust Singapore from BSI Bank AG

BSI Trust Corporation (Singapore) Limited., owned by BSI Bank AG has been acquired by Vistra, a global independent player in the trust and fiduciary sector, the two companies announced.

ABN AMRO Private Banking makes 11 new hires in Singapore, Hong Kong

Netherland-based ABN AMRO Private Banking has appointed 11 new members to its team in Singapore and Hong Kong, including seven from ANZ Bank, Singapore.

ABLV Bank received Stock Exchange Annual Award 2012

Stock exchange NASDAQ OMX Riga presented Stock Exchange Annual Award 2012 to ABLV Bank, AS, for important contribution to formation of Latvian securities market by expanding the range of available financial instruments and services