All articles by Verdict Staff
Verdict Staff
UBS under new tax evasion probe in US
Swiss banking major UBS is facing a fresh inquiry for allegedly helping US clients evade taxes through investments largely banned in the US.
Credit Suisse to exit US equity retail market-making business-report
Credit Suisse Group has, reportedly, decided to exit the US equity retail market-making business by the end of the first quarter of 2015 after failing to gain enough scale.
ARIA introduces FATCA-friendly portfolio strategy range
The ARIA Investment Platform has come up with a range of portfolio strategies, targeted at US investors facing legislative constraints.
Deutsche Asset & Wealth Management expands Los Angeles team
Deutsche Asset & Wealth Management (Deutsche AWM) has hired Susan Moffat as a private banker in Los Angeles to serve ultra-high-net worth (UHNW) clients on the West Coast.
NFP Advisor Services adds Gate City Advisors to its platform
NFP Advisor Services, a provider of technology and asset management platforms to financial advisors, has added Gate City Advisors to its platform.
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The Investment Association unveils new approach to identify primary share classes
The Investment Association, in conjunction with data providers Financial Express, Lipper, Morningstar, has unveiled plans to facilitate a move to a new primary share class in the post-RDR environment.
Santander’s private banking business registers 5% rise in Q4 pre-tax income
The private banking, asset management and insurance business of Spanish banking giant Santander has posted profit before taxes of EUR260m for the fourth quarter of 2014, an increase of 4.9% compared to the third quarter of 2014.
Global investor confidence falls in January: State Street
State Street Global Investor Confidence Index (ICI) decreased to 106.7, down 5.5 points from Decembers revised reading of 112.2.
Old Mutual completes sale of France and Luxembourg units
Old Mutual has completed the sale of Skandia France and Skandia Luxembourg to APICIL.
Hickory Growth Partners makes debut, forms three alliances
Hickory Growth Partners, a Memphis, Tennessee-based financial services company serving primarily HNW clients, has made its debut.