All articles by Verdict Staff
Verdict Staff
Skandia makes senior appointments in Singapore, HK
In order to capitalize on the growth prospects in Singapore, Skandia International, the offshore business of Old Mutual Wealth Management, has made a number of senior appointments in Singapore and Hong Kong.
BOK Financial acquires The Milestone Group
US-based financial services company, BOK Financial has acquired US-based registered investment adviser (RIA), The Milestone Group.
Far from Equal: Previously disadvantaged groups account for only 14% of South Africa’s Ultra Wealthy at the end of 2011
This press release is part of WealthInsight’s report on South Africa, entitled: South Africa – The Future of HNWIs to 2016: The Rise of African Wealth.
Volatile growth in fortunes of UKs wealthy, research
The recent Ledbury Research has revealed that the UK’s wealthy are currently experiencing volatile fortunes.
LPL adds RIA firm with US$1 billion in assets
US-based organization of independent financial advisors, LPL Financial, has added Alabama-based registered investment advisory (RIA) firm, Bridgeworth Financial having US$1 billion in client assets.
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German opposition party demands reintroduction of wealth tax
The opposition in Germany has called for taxing the wealthy to help reduce the national deficit that has increased due to the economic crisis.
Financial Advisors to come under SEBIs review
Due to the fraudulent actions by staff of foreign banks in the past couple of years, the Securities and Exchange Board of India (SEBI) has issued new norms for investment advisors that bring financial advisors under its purview.
French court makes it mandatory to cap wealth tax
The French constitutional court has warned the Socialists government that any plans to reinstate the previous tax scale next year must include provision for a cap.
Northern Trust appoints national director of Professional Athlete Group
US-based Northern Trust, a provider of financial services for affluent individuals, families and institutions, has appointed Norman Greenidge as the national director of the Professional Athlete Group.
IRESS launches Canadian Institutional Order Management Solution
IRESS has launched its new Canadian Institutional Order Management Solution (OMS), which provides a broad range of institutional trading features such as end-to-end order management, real-time and end-of-day ticketing, automated multicurrency management, basket trading and algorithmic trade execution.