All articles by Verdict Staff
Verdict Staff
Old Mutual Wealth hires two business development directors
Old Mutual Wealth has appointed Russell Bignall and Sean Mcguire to the newly-created roles of business development director as part of its growth strategy.
LIM Advisors appoints new Asia fixed income and credit head
LIM Advisors, a multi-strategy investment group based in Hong Kong, has named Donald Ewer as its new fixed income and credit head for Asia.
AllianceBernstein selects Multrees as administration and custody provider
AllianceBernstein has selected Multrees as the provider of administration and custody for its retirement income solution Retirement Bridge.
FCA fines Merrill Lynch International £13.2m for transaction reporting failures
Merrill Lynch International (MLI) has been fined £13,285,900 by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.
NOVIA signs up to Origos transfer options service
Novia has signed up to Origos Options Transfers service to facilitate increased efficiencies for pension and investment asset transfers for clients and advisers.
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BlackRock names new Japan country head
BlackRock has appointed Yoshiyuki Izawa as its new chairman, representative director and country head of Japan.
Lightyear Capital acquires majority stake in Wealth Enhancement Group
New York-based private equity firm Lightyear Capital has bought a majority equity stake in Wealth Enhancement Group, an independent wealth management firm based in Greater Minneapolis.
Man Group expands AHL fund range
Man Group, a London-based asset manager, has strengthened its computer-driven AHL fund range by launching four new Ucits funds.
Emirates NBD retail, wealth arm sees marginal rise in Q1 income
Emirates NBD’s Retail Banking and Wealth Management (RBWM) division has posted a total income of AED1.4bn for the first quarter of 2015, a marginal rise of 1% as against AED1.38bn posted in the corresponding quarter of 2014.
Lloyds launches new financial planning tool for private banking clients
Lloyds Bank has launched a financial planning tool to help its private banking clients better plan their retirement in response to the new pension freedom rules.