All articles by Verdict Staff
Verdict Staff
RBS withholds bonuses from 18 staff amid forex probe
Royal Bank of Scotland (RBS) has withheld bonuses from 18 of its staff as part of an internal probe into their alleged role in rigging of foreign exchange rates.
Spectrem Affluent Investor Confidence Index surges to 11 with December gain
The Spectrem Affluent Investor Confidence Index (SAICI) have increased to 11 with December gain, riding on the new year optimism.
London Capital Group hires two non-executive directors
London Capital Group has hired Nicholas Lee and Rebecca Fuller as its non-executive directors.
Citadele Asset Management to rename itself IPAS CBL Asset Management
Citadele Asset Management, a subsidiary of Citadele Bank, has decided to rename itself as IPAS CBL Asset Management as part of its plan to expand operations abroad.
Wealth manager Blue Water Advisors names new COO
Blue Water Advisors (BWA), a US-based wealth management firm, has named Jeff Wund as its new chief operating officer.
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F-Squared to pay $35m to settle SEC fraud charges
F-Squared Investments has agreed to pay $35m to the US Securities and Exchange Commission (SEC) to settle charges of defrauding investors with false performance advertising of its flagship strategy, ‘AlphaSector,’ an active ETF strategy.
NongHyup Financial Group to focus on asset management as core unit
South Koreas NongHyup Financial Group is set to focus on asset management as its new core area of competence.
FINRA bans ex-Wells Fargo Advisor for stealing from elderly client
The Financial Industry Regulatory Authority (FINRA) has permanently banned a former Wells Fargo Advisors broker in Chico, California for allegedly stealing about $89,000 from an elderly customers bank account.
Northern Trust elects new directors to its board
Northern Trust said that Dean Harrison, president and CEO of Northwestern Memorial HealthCare, has been elected to its board of directors, effective 1 January 2015.
Deka Group unveils new emerging market multi-asset fund
Deka Group has unveiled a new emerging market multi-asset fund that aims at investments by foundations and church organisations.