All articles by Verdict Staff

Verdict Staff

JPMorgan agrees to pay $100m to settle forex manipulation lawsuit

JPMorgan has settled an antitrust lawsuit with US over its alleged role in manipulating the foreign exchange benchmark rates.

Morgan Stanley terminates employee for stealing clients’ personal data

Morgan Stanley has sacked an employee for stealing personal data of the bank’s nearly 900 high net worth clients.

HighTower poaches $550m advisory team from UBS

HighTower Partnership has lured a team of four financial advisors from UBS that previously managed $550m in client assets.

RBS deputy CEO departs early

Royal Bank of Scotland’s (RBS) deputy CEO Chris Sullivan has left the bank earlier than expected.

Investment Management Association renamed as The Investment Association

The Investment Management Association (IMA) has renamed itself as The Investment Association.

Wilmington Trust expands Advisor Solutions Group

Wilmington Trust has appointed Timothy Powers as new managing director and head of trust administration for its Advisor Solutions Group.

Beacon Trust Company to buy The MDE Group

Wealth management firm Beacon Trust Company has entered into an agreement to acquire investment advisory firm The MDE Group and its partner Acertus Capital Management.

Standard Bank bolsters international private clients division

Standard Bank has named Martin Parry as new managing executive for its international private clients division.

JLT Ireland to buy Liberty Asset Management

Insurance brokerage Jardine Lloyd Thompson Ireland (JLT Ireland) is reportedly planning to buy Liberty Asset Management from Friends First for an undisclosed sum.

Stamford Associates names new CEO

Stamford Associates, a UK-based investment consultancy, has named Alexandra Haggard as new chief executive.