All articles by Verdict Staff

Verdict Staff

Hong Kong’s anti-graft officers raid home of Guotai Junan executive

Hong Kong’s anti-graft officers have raided the home of Wong Tung Ching, who is the deputy chief executive of Hong Kong-listed mainland brokerage, Guotai Junan.

Aegon forms asset management partnership with La Banque Postale

Aegon has entered into a strategic asset management partnership with La Banque Postale in France.

Towry hires new wealth advisor for Bracknell office

Towry, a UK-based wealth advisor, has named Fiona Leonard as new wealth advisor for its Bracknell office.

FINRA slaps $1.5m fine on Wells Fargo Advisor units for AML failures

The Financial Industry Regulatory Authority (FINRA) has imposed a fine of $1.5m on two brokerage units of Wells Fargo and Co for failing to comply with anti-money laundering (AML) regulations.

Baldwin Brothers selects SS&C’s wealth management platform

Baldwin Brothers, a US-based financial advisory firm with $1bn in AuM, has selected SS&C’s wealth management platform to support its growing business.

WealthCloud closes a seven-figure strategic investment targeted to accelerate growth

WealthCloud, a cloud-based computing platform mounted on Salesforce, has announced that it has closed a favorable seven-figure strategic investment targeted to accelerated growth.

Withers forays into Australian market

Private-client focused British law firm Withers has forayed into Australian market by partnering with tax practice Balazs Lazanas & Welch (BLW) and corporate boutique SBL Shmith.

BMO Global Asset Management rolls out new alternative strategies fund

BMO Global Asset Management has rolled out a new BMO Alternative Strategies Fund (BMATX) that aims to provide investors with an additional source of portfolio diversification and return over varying market environments.

State Street names new president and COO

State Street Corporation has promoted Michael Rogers to the role of president and COO of the firm.

Nikko Asset Management keeps moderately overweight position on global equities

Developed economies are set to grow at a modest pace backed by healthy economic growth in G3 economies, while receiving support from lower energy prices, according to Nikko Asset Management’s Global Investment Committee (GIC), which is maintaining a moderately overweight position on global equities.