All articles by Verdict Staff
Verdict Staff
GoldMoney names new head of wealth services
GoldMoney, a full-reserve and gold-based financial service and technology group, has named John Butler as new vice president and head of wealth services.
QFBA introduces training and competency framework for finance services sector
The Qatar Finance and Business Academy (QFBA) has officially launched the training and competency framework for the finance services industry in the GCC region, known as KAFA’A.
Senior People Moves: November
A round up of the senior people moves that piqued PBI’s interest in November
Bank Leumi expands premier banking team in UK
Bank Leumi (UK) has added Nick Brandram to its Premier Banking department ahead of the retirement of Simon Yeshooa – head of premier banking – by the end of 2015.
SHC selects MoneyWare to automate asset management business
Saudi Hollandi Capital (SHC), the investment banking arm of Saudi Hollandi Bank, has chosen Miles Software’s MoneyWare suite for automating its asset & portfolio management business.
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Schroders forms joint investment research initiative with Stellenbosch University
Asset manager Schroders has formed a joint investment research initiative with the Faculty of Economic and Management Sciences at Stellenbosch University in South Africa.
ASIC slaps wealth manager Morgans with new licensing conditions
The Australian Securities and Investments Commission (ASIC) has imposed new licensing conditions on Morgans Financial, a retail stockbroking and wealth management firm, after it identified concerns about the firm’s arrangements for monitoring and supervising its representatives after serious breach incidents.
PraxisIFM acquires fund administrator Cavendish Administration
PraxisIFM, a Guernsey-based independent financial services group, has purchased Cavendish Administration, a London-based closed-ended fund administrator, for an undisclosed amount to expand its fund administration unit.
Charles Stanley swings to profit in H1
British wealth management and brokerage firm Charles Stanley has reported a profit before tax of £2m for the six months ended 30 September 2015, compared with a loss of £3.9m a year ago.
FCA fines Barclays £72m for poor checks on HNW clients
UKs Financial Conduct Authority (FCA) has fined Barclays more than £72m for failing to reduce the risk that it could be used to facilitate financial crime.