All articles by Verdict Staff
Verdict Staff
JPMorgan Chase under US probe over currency trading
American banking giant JPMorgan Chase has revealed that the US Department of Justice (DoJ) is probing its currency trading business.
RBS faces huge fine for IT glitch in 2012
The UK Financial Conduct Authority (FCA) is reportedly set slap Royal Bank of Scotland (RBS) with fine worth tens of millions of pounds for an IT failure that occurred in 2012 and disabled customers accessibility to their funds.
Institutional investors shifting allocation strategies are driving hedge funds towards new products: EY
As asset growth in traditional hedge funds from institutional investors continues to slow, hedge fund managers are pinning their hopes on the power of new products to attract investor assets and drive growth, according to EY’s 2014 global hedge fund and investor survey.
BNY Mellon names new senior wealth director for Miami office
BNY Mellon Wealth Management has hired Ygnacio Garcia-Saladrigas as new senior wealth director for its Miami office.
Meeschaert Asset Management implements Linedata for front-to-back asset management workflows
Linedata has announced that Meeschaert Asset Management has implemented Linedata Front Office Platform to manage their complete front-to-back asset management workflow across their business.
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Royal London Asset Management names new CIO
Royal London Asset Management (RLAM) has named Piers Hillier as its new chief investment officer, effective 5 January 2015.
Axa Wealth International to launch non-contractual offshore bond
Axa Wealth International is set to introduce a non-contractual offshore bond, aimed at the younger, income rich, capital poor demographic.
Standard Chartered selects Euroclear’s collateral highway network
Standard Chartered Bank has selected Euroclear’s Collateral Highway network, enabling clients to use assets held at the bank to meet collateral requirements arising in triparty deals managed by Euroclear Bank.
Creative Planning’s Peter Mallouk invests in Trizic’s Digital Advisor Technology
Trizic announced that Creative Planning’s Peter Mallouk invested an undisclosed amount of his own capital in Trizic to help further grow the San Francisco-based company’s reach in the wealth management sector.
Azimut acquires majority stake in Next Generation Advisory
Italian asset manager Azimut has acquired a 93% stake in Next Generation Advisory (NGA), an Australia-based firm providing asset allocation and advisory services to local retail, HNWI and institutional clients.