All articles by Verdict Staff
Verdict Staff
Midwest Wealth Management unveils new proprietary trading platform
US-based Midwest Wealth Management has unveiled a new proprietary trading platform for its wealth management clients.
ASX signs deal with Bank of China to boost yuan trading in Australia
The Australian Stock Exchange (ASX) has inked a deal with the Bank of China to promote yuan or renminbi trading in Australias financial markets.
ASIC bans Victorian advisor from providing financial services
ASIC has banned Scott Logan, of Torquay, Victoria, from providing financial services for seven years after an ASIC investigation found he breached numerous financial services laws as a director and sole employee of Shore Capital.
Carey Olsen boosts Cayman Islands office
Carey Olsen has promoted Jan Golaszewski, a dispute resolution and litigation specialist, to partner in its Cayman Islands office bringing the total number of partners across the firm’s global litigation team to 12.
FSCS to pay out £60m in claims against Catalyst
The Financial Services Compensation Scheme (FSCS) is expecting to pay out £60m in claims against failed ARM bonds distributor Catalyst during 2014/15.
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PBI Wealth Awards 2014: The chosen ones
Client centricity, quality service and targeted offerings were deemed as winning qualities at the Private Banker International Wealth Awards 2014. All the winners were commemorated at the Fullerton Hotel in Singapore
Merrill Lynch lures financial advisors from Raymond James and JPMorgan
Bank of America’s Merrill Lynch has lured a team of two financial advisors from Raymond James Financial and JPMorgan Chase & Co that managed a combined $325m in assets.
Wells Fargo Private Bank appoints new regional CIO for Northeast region
Wells Fargo Private Bank has appointed Kei Sasaki as new regional chief investment officer for the Northeast region.
Smith & Williamson hires ex-RiverCrest manager to run European Growth trust
Smith & Williamson has appointed Giles Worthington to run its £23m European Growth trust.
Bank of Tokyo-Mitsubishi hit with $315m fine for watering down report
Bank of Tokyo-Mitsubishi (BTMU) has been slapped with a penalty of $315m by New York’s banking regulator for misleading regulators regarding a probe of the banks transactions with countries subject to US sanctions.