All articles by Verdict Staff

Verdict Staff

Charles Stanley Direct overhauls management team

Charles Stanley Direct has carried out an overhaul of its management team following the departure of three senior executives since December 2014.

Hargreaves Lansdown unveils new low-cost retirement planning service

Hargreaves Lansdown has rolled out a new low-cost retirement planning service to fill the advice gap.

State Street Global Advisors names new president

State Street Global Advisors (SSGA), the asset management arm of State Street, has appointed Greg Ehret as its new president.

Succession planning: Learning from the Murdochs

Ken McCracken, founder and consultant at Withers Consulting Group, comments on succession planning

Eaton Vance Management rolls out new multi-sector income fund

Eaton Vance Management, an Eaton Vance subsidiary, has launched a new UCITS-qualified multi-sector income fund.

findaWEALTHMANAGER.com launches service in Singapore

findaWEALTHMANAGER.com, an online matching service that helps high net worth individuals (HNWIs) find wealth managers, has opened its doors to clients in Singapore.

Investment banks’ ROE declined over past 10 years due to regulation, fines and litigation: EY

Return on equity (ROE) for key investment banks has seen a drop from 20% in 2006 to below 8% in 2014, making it important for firms to implement changes that can help them return to low double-digit profitability and offset impacts of higher costs, control failures and increasing competition, according to a report by EY.

Morgan Stanley, StanChart join IBA gold price setting panel

Morgan Stanley and Standard Chartered have been approved by the ICE Benchmark Administration (IBA) to participate in the gold auction, which used to determine the LBMA Gold Price.

Caledonia to buy majority stake in 7IM in £100m deal

Caledonia Investments has agreed to acquire a 94% stake in London-based wealth management firm Seven Investment Management (7IM) in a deal valuing the firm at £100m.

Structured product platform Contineo commences operation

Contineo, a Hong Kong-based broker neutral multi-issuer platform for equity linked structured products, has commenced live operations.