All articles by Verdict Staff

Verdict Staff

Market volatility remains advisors’ top concern: Eaton Vance survey

Financial advisors continue to view market volatility as their top concern, but many have also learned to deal with it even as their clients increasingly panic, according to a survey by Eaton Vance.

Wilmington Trust appoints senior investment advisor of New York Wealth Advisory

Wilmington Trust has appointed John Maher as the new senior investment advisor of the firm’s New York Wealth Advisory office.

ALTZ Investment Strategies unveils new alternative investment platform

Philadelphia’s ALTZ Investment Strategies (ALTZ) has rolled out a new alternative investment platform that will bring private placement opportunities to accredited individual investors.

Former UBS banker to head UK industry body created to clean up financial markets

FICC Markets Standards Board (FMSB), which was created in July 2015 to improve standards of conduct in the wholesale financial market, has appointed former UBS banker Mark Yallop as its new chairman.

Credit Agricole income plunges 71% to EUR227m in Q1

French lender Credit Agricole has reported a net income of EUR227m for the first quarter of 2016, a slump of 71% from EUR784m in the year-ago quarter.

LGIM, Nikko Asset Management sign fund distribution deal

UK-based Legal & General Investment Management (LGIM) and Japan’s Nikko Asset Management have signed a business cooperation agreement for investment management services.

Sallie Krawcheck launches digital investment platform for women

Sallie Krawcheck, who ran wealth-management divisions at Bank of America and Citigroup, has launched a women-centric automated investment platform, dubbed Ellevest.

Cayman Islands to revoke secrecy law

The Cayman Islands government has announced that it will repeal its Confidential Relationships (Preservation) Law, commonly known as the ‘secrecy law’, by September 2016.

UK, Singapore form first ever ‘fintech bridge’

Britain and Singapore have launched the first fintech bridge that will allow fintech firms and investors in the two countries to access each others’ markets.

Consulting firm Synechron buys UK’s Hatstand

Synechron, a US-based financial services consulting firm, has acquired Hatstand, a UK-based financial services consultancy and capital markets specialist, for an undisclosed amount.