All articles by Verdict Staff
Verdict Staff
Barclays office raided over rate-fixing in Milan
Italian prosecutors have raided a Barclays office in Milan as part of a probe into possible Euribor manipulation, the euro equivalent of Libor.
B2B Bank acquires AGF Trust Company
Canada-based B2B Bank has acquired AGF Trust Company from AGF Management Limited.
FSI appoints 2,500 financial advisor members
Financial Services Institute (FSI), the advocacy organization for independent financial services firms and independent financial advisors, has added 2,500 new financial advisor members from NEXT Financial Group, Transamerica Financial Advisors and The Strategic Financial Alliance as first-year members.
FSA fines & bans IFA
Financial Services Authority (FSA) of UK has fined and banned adviser Adrian Mark Mosley for misleading clients.
OCBC Bank appoints new managing director of OCBC Securities
Oversea-Chinese Banking Corporation Limited (OCBC Bank) today announced the appointment of Mr Raymond Chee as the Managing Director of OCBC Securities with effect from 6 August 2012. He will take over from Mr Hui Yew Ping, who is leaving the company to pursue his personal interests.
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Deutsche Bank income drops 85%
Profit at Deutsche Banks asset and wealth management unit plunged 85% in the second quarter, down to 35m ($43m) from last years 227m recorded for the same period.
Safra Group obtains regulatory approvals to acquire stake in Bank Sarasin
Safra Group has obtained the necessary approvals from supervisory authorities, clearing its way for the acquisition of the majority stake in Bank Sarasin.
Probity Advisors adds financial advisor
US-based wealth management firm, Probity Advisors has appointed Whitney Magers as a financial advisor, while two employees Christopher Sorrow and Adam Bronson have completed ten years of service.
Hewins Financial launches Key Access Service
US-based financial advisory firm, Hewins Financial and its affiliate, Wipfli Hewins Investment Advisors has launched a service offering for new wealth builders, called Key Access Services.
Capital Guardian appoints president of wealth management
US-based wealth management firm, Capital Guardian has appointed Scott Chaisson as the president of wealth management.