All articles by Verdict Staff
Verdict Staff
Co-op Bank fails BoE stress test, Lloyds & RBS scrape through
Britain’s all main banks have passed the Bank of England’s (BoE) doomsday economic scenario stress test except the troubled Co-operative Bank.
Law firm Penningtons Manches opens office in San Francisco
British law firm Penningtons Manches has expanded its overseas presence by opening a office in San Franciscos financial district.
Capital Platform International unveils new platform for alternative investments
Capital Platform International, a UK-based alternative investment platform, has unveiled a new proposition that aims to make research, compliance and investments into alternative products easy and efficient for product providers, intermediaries and advisors.
AFH Financial raises £1.9m to fund future acquisition
AFH Financial Group, a UK-based financial adviser and discretionary fund manager, has raises £1.9m from investors through unsecured loan notes to fund future acquisition deals.
U.S. Bank Wealth Management hires new private banker
U.S. Bank Wealth Management, a unit of U.S. Bancorp, has hired Gregory Block as new private banker based in Milwaukee.
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Red Carpet Research launches online access panel for HNWIs
Sweden-based high net worth individuals (HNWI) specialist Red Carpet Research (RCR) has come up with a new online access panel, dubbed LuxuryOpinions.com.
MMI Holdings signs agreement to acquire Imara SP Reid
MMI Holdings, a South African financial services group, has signed an agreement with Imara Capital South Africa Proprietary and Imara Asset Management South Africa Proprietary to buy 100% shares of Imara S.P. Reid Proprietary (ISPR) for ZAR120m ($10.4m) in cash.
Heritage Advisors mulls acquisition of CPA firms – report
Phoenix-based financial advisory firm Heritage Advisors is reportedly mulling acquisition of certified public accountant (CPA) firms in Houston, Austin and California over the next two years.
Stanhope Capital expands footprint in Jersey
Stanhope Capital is set to open its third office in Jersey in January to cater to clients among the Channel Islands trust companies.
Switzerland charges ex-HSBC employee with industrial espionage
Swiss authorities have charged former HSBC systems engineer Hervé Falciani with industrial espionage for leaking details of bank accounts, unauthorized obtaining of data, breach of trade secrecy, and violation of banking secrecy.