All articles by Verdict Staff
Verdict Staff
DST launches asset servicing solution for alternative investment products
DST Systems, a provider of technology-based service solutions, has launched a new asset servicing solution for retail alternative investment vehicles.
Barclays fires CEO Antony Jenkins
British banking giant Barclays has sacked chief executive Antony Jenkins and replaced him with chairman John McFarlane on an interim basis.
BMO appoints new head for Asian private banking arm
The private banking arm of Bank of Montreal (BMO) has reportedly appointed Monique Chan as new head for its Asia business.
RBC names new group head, wealth management and insurance
RBC has named Doug Guzman as new group head wealth management and insurance, effective 1 November 2015.
Bridgepoint in talks to buy Applebys fiduciary and administration arm
British private equity firm Bridgepoint is in exclusive talks to acquire the fiduciary and administration unit of Jersey-based Appleby Global for nearly £238m ($370m), Sky News reported.
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UK to sell half of its stake in RBS within two years
British government is planning to sell 50% of its stake in Royal Bank of Scotland (RBS), worth £16bn ($25bn), in the next two years.
Cetera Financial to offer broker-dealer services to Valley National Bank
Cetera Financial Institutions, a retail advice platform of RCS Capital, has said that it will offer broker-dealer services and solutions to the wealth management programs of Valley National Bank.
BT rolls out new retail share investment platform
BT, part of Westpacs wealth management arm BT Financial Group, has introduced a new online retail share platform, called BT Go-invest.
JPMorgan Chase names new general counsel
JPMorgan Chase has named Stacey Friedman as its new group general counsel, replacing Steve Cutler who will be appointed vice chairman of the firm early next year.
FINRA orders Wells Fargo, Raymond James, LPL Financial to pay $30m to clients
The Financial Industry Regulatory Authority (FINRA) has ordered the wealth-management units of Wells Fargo, Raymond James Financial and LPL Financial to pay over $30m in restitution to clients allegedly overcharged on mutual-fund sales.