All articles by Verdict Staff
Verdict Staff
Saudi Arabia unaware of Barclays probe
The market regulator of Saudi Arabia has said that it is unaware of any investigation into a license it had granted to British bank Barclays three years ago, following a report that US authorities are probing whether improper payments were made.
Junxure to launch Junxure Cloud
US-based Junxure, a practice improvement firm for financial advisors that integrates CRM technology, consulting, and training, is all set to launch its all-new, hosted CRM solution, Junxure Cloud, for financial advisory firms beginning in early 2013.
FSA fines Savoy for wealth management failings
FSA has fined Savoy Investment Management Limited GBP412,000 for wealth management failings.
Atlantic Trust expands New York Team
Atlantic Trust, the private wealth management division of Invesco Ltd., has appointed Luke A. Davis to the firm’s New York office as a vice president and relationship manager.
WH Ireland appoints executive director
WH Ireland, a UK-based provider of private wealth management services, has appointed Richard William Killingbeck as an executive director of the company with effect from 1 December 2012.
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Julius Baer to buy stake in Kairos
Swiss wealth manager Julius Baer is all set to buy a 19.9% stake in Italy Kairos and the two firms are planning to launch an onshore wealth management group in Italy.
Wealthy families opt for family offices for philanthropy: Study
An increasing number of philanthropic families prefer family offices to manage their charitable giving, according to a new study released by the National Center for Family Philanthropy.
EFG Hermes to expand in Turkey, Iraq, Libya
Egypt-based investment bank, EFG Hermes, is planning to expand into Turkey, Iraq and Libya, in addition to growing its asset management arm by 50% following the completion of its joint venture with Qatars QInvest.
Broadridge partners with Archive Systems to expand records management solutions
Broadridge Financial Solutions, Inc. and Archive Systems, Inc. has entered into a strategic alliance in order to create a complete records management solution that will offer greater control, retrieval, and analysis of all records for banks, broker-dealers, and mutual fund organizations.
HSBC investigating reports of Jersey data breach
HSBC Private Bank has confirmed it is investigating reports of an alleged loss of client data in Jersey as a matter of urgency.