All articles by Verdict Staff
Verdict Staff
Hackers steal data on 30,000 clients from Swiss bank BCGE
Swiss bank Banque Cantonale de Geneve (BCGE) has said that a hacking group, which calls itself Rex Mundi, had stolen the personal details of about 30,000 clients.
Azimut to acquire 50% stake in LFI Investimentos
Azimut’s Brazilian financial advisory arm AZ FuturaInvest has entered into a binding sale and purchase agreement to acquire a 50% stake in LFI Investimentos Ltda (LFI) for BRL8.5m.
AssetMark appoints new CEO and CIO of Savos Investments
AssetMark has hired Jason Thomas as new CEO and chief investment officer of its Savos Investments division.
FCA prosecutes unauthorised forex investment fraudster
The UK Financial Conduct Authority (FCA) has prosecuted Alex Hope, who ran a scam which claimed to be making large returns for investors from the profits of his forex trading.
Threadneedle to rename as Columbia Threadneedle Investments
Threadneedle Investments is planning to rename its business as Columbia Threadneedle Investments in the first half of this year following its merger with US-based affiliate Columbia Management.
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Hartland & Co buys wealth advisor Plimsoll Mark Capital
Hartland & Co, a US-based institutional and private wealth advisory firm, has completed the acquisition of independent wealth advisor Plimsoll Mark Capital from Zephyr Management.
Tech Mahindra to buy SOFGEN Holdings to boost its financial services offering
India-based IT firm Tech Mahindra has signed an agreement to acquire SOFGEN Holdings, a Swiss-based consulting and services firm that specializes in private banking, wealth and retail banking solutions.
Charles Stanley CFO steps down
Charles Stanley’s CFO James Rawlingson has stepped down from the firm with immediate effect.
Raymond James taps $185m advisory team from RBC Wealth
Raymond James & Associates has appointed a team of financial advisors that managed more than $185m in client assets from RBC Wealth Management.
Japan listed ETFs/ETPs gathered $16.3bn of net new assets in 2014, says ETFGI
ETFs/ETPs listed in Japan have gathered a record level of $16.3bn of net new assets during 2014, according to a report released by the ETFGI.