All articles by Verdict Staff
Verdict Staff
Dow Schofield Watts sets up new wealth advisory business
UK-based advisory firm Dow Schofield Watts has launched the new Dow Schofield Watts Wealth Advisory business that will provide independent wealth planning advice to individuals.
US regulators propose new rules to mitigate liquidity risks for banks
US regulators have proposed new rules that would compel the largest banks to hold more cash to withstand liquidity crisis in case of a potential financial collapse.
Barclays attributable profit slides 7% in Q1
British banking group Barclays has reported an attributable profit of £433m for the first quarter of 2016, down 6.9% compared to £465m a year ago.
Pride Advice takes over Bailey Capital Management
Pride Advice, a subsidiary of AZ Next Generation Advisory’s (AZ NGA’s), has fully acquired RI Advice- licensed firm Bailey Capital Management (BCM).
Fairstone receives £25m funding boost from Synova Capital
UK-based IFA consolidator Fairstone has secured a funding of £25m from private equity firm Synova Capital that focuses on fast growing UK businesses.
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U.S. Bank appoints new market leader for The Private Client Reserve in San Diego
U.S. Bank has appointed Scott Schmid as its new market leader for The Private Client Reserve in San Diego, replacing former head John Zygowicz who retired in the end of 2015.
JHC Systems names new wealth solutions head
JHC Systems, a provider of wealth management solutions in the UK, has hired Amir Hakim as its new head of wealth solutions.
Brooks Macdonald discretionary FuM passes £8bn mark in Q3
British wealth manager Brooks Macdonald Group said that its discretionary funds under management (FuM) stood at £8.01bn for the third quarter ended 31 March 2016, a 2.37% rise compared to £7.82bn in 31 December 2015.
US regulators tighten pay rules for bankers
US regulators have proposed tighter pay rules for employees of financial institutions, in a bid to minimise excessive risk-taking at the sector.
St. James’s Place gross inflows up 16% in Q1
British wealth manager St. James’s Place (SJP) said that its gross inflow of funds under management during the first quarter ended 31 March 2016 increased 16% to £2.45bn from £2.11bn in the prior year.