All articles by Verdict Staff
Verdict Staff
J&T BANKAs Net Profit for Q1 Reached CZK 466 Million
In the first quarter of 2012, J&T Bankas Net Profit more than doubled year on year, reaching CZK 466 million. The rapid growth can to a great extent be attributed to trading earnings, which exceeded CZK 400 million in the period under review.
RDR causes advisers to increasingly use model portfolios and risk-rated funds
Retail Distribution Review (RDR) is leading to a majority of advisors looking to increase their use of model portfolios and risk-rated funds, revealed a Skandia Investment Group research.
Advisors not providing investors with big picture of their financial well-being
Financial advisors in the US are not providing investors with a comprehensive picture of their financial well-being as they are gripped with fear of losing clients by providing too much information, suggests a white paper released by Albridge Solutions, a Pershing affiliate.
Retirement income approach helps advisors to better predict income, research
Russell Investments, in its new research titled Adaptive Investing: A responsive approach to managing retirement assets has revealed that retirement income approach adopted by advisers helps them in better predicting clients income.
Institutional investment managers optimistic on US economy
A survey conducted by Northern Trust in the first quarter of 2012 has revealed that though institutional investment managers are concerned about macro risks such as the European debt crisis, they are increasingly positive on the US economy.
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ABN AMRO appoints new COO private banking for Asia
ABN AMRO has appointed Daniel Teo as its chief operating officer (COO) for Singapore and COO private banking for Asia.
Clariden Leu and Credit Suisse legal merge completed
The legal merger between Clariden Leu and Credit Suisse has been completed on April 2, 2012.
CliftonLarsonAllen Wealth Advisors, Academy Asset Management form JV
CliftonLarsonAllen Wealth Advisors, a wholly owned company of CliftonLarsonAllen has entered into a joint venture with Academy Asset Management.
Investors, advisors find more value in Variable Annuities post crisis, survey
Consumers and financial advisors, increasingly concerned about meeting retirement goals, are finding that variable annuities (VAs) effectively address financial security concerns, according to a new survey by AllianceBernstein and the Insured Retirement Institute (IRI).
Civil suit against UBS on offshore bank account advice to begin
The first major test of the civil legal challenge of the Swiss bank UBS accusing it to enable Americans to evade taxes will go on train on 8 May 2012.