All articles by Verdict Staff
Verdict Staff
Sotheby’s acquires ownership interest in RM Auctions
Sotheby’s has struck a new strategic partnership to acquire a 25% ownership interest in the Ontario-based car auctioneer RM Auctions, which will now be known as RM Sotheby’s.
SEI launches advisor tax planning academy
SEI has launched a new advisor tax planning academy, which aims to help advisors sketch out new tax strategies to add more value to client relationships.
JPMorgan tops US governments list of risky banks
JPMorgan Chase is expected to pose the greatest hazard to the financial system if it fails, according to a study conducted by the Office of Financial Research (OFR), a unit of the Treasury Department.
Canaccord Genuity Wealth Management bolsters London team
Canaccord Genuity Wealth Management (CGWM) has named Nick Muir as its new intermediary investment director in London with immediate effect.
Natixis to acquire majority stake in asset manager DNCA
Natixis Global Asset Management has agreed to acquire 71.2% stake in French asset manager DNCA for EUR549m ($626m).
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Swiss government plans tougher capital rules for UBS, Credit Suisse
Swiss government is set to prepare new tougher capital rules for UBS and Credit Suisse by end of 2015 in a bid to shield them against future financial meltdowns.
Global Financial selects portfolio stress testing platform from HiddenLevers
Global Financial Private Capital, a US-based RIA, has chosen HiddenLevers portfolio stress testing platform as the central technology tool to aid the growth of advisors.
Australian PE outperforms listed markets by over 20% over last 12 months: AVCAL
Australian private equity and venture capital outperformed the listed market by over 20% in the 12 months to 30 September 2014, according to data released today by the Australian Private Equity and Venture Capital Association Limited (AVCAL) and Cambridge Associates.
First Islamic bank in Russia may debut this year
Russias first bank, which will run according to Islamic principles of finance, is expected to make its debut by this year.
Standard Life Investments expands infrastructure debt team
UK asset manager Standard Life Investments has expanded its infrastructure debt team by hiring Alex Campbell as new investment director for infrastructure debt and Marianne Froude as new investment analyst.