All articles by Verdict Staff

Verdict Staff

Thomas Miller Investment strengthens its private client business

Thomas Miller Investment has bolstered its private client business by appointing Scott Baikie as senior portfolio manager.

Buckingham & BAM Advisor Services select inStream wealth management technology platform

Buckingham Asset Management/BAM Advisor Services has chosen the inStream planning-centric wealth management software platform to serve the more than 370 advisors representing the more than 140 client firms in its network.

Lloyds to cut nearly 9,000 jobs

Lloyds Banking Group is set to cut about 9,000 jobs, which will shrink its workforce by 10%, in a digital strategy switch.

BNP Paribas Investment Partners appoints new equities director

BNP Paribas Investment Partners has appointed Guy Davies to the newly-created position of director – equities for its Institutional. Business line.

BoE’s deputy governor challenges EU ruling on bankers’ bonuses

Andrew Bailey, chief executive of the Prudential Regulation Authority (PRA) and deputy governor of Bank of England, said allowances for top banking executives are likely to be paid this year despite the fact that they have been deemed breach of the bloc’s cap on banker bonuses.

Quaternion collaborates with UBS Delta to deliver CVA service

Quaternion Risk Management has partnered with UBS Delta to provide counterparty exposure, CVA/DVA analytics and reporting services to the financial and corporate community.

New Zealand’s FMA warns consumers about cold-calling investment offers and ‘Big Win’ scams

The Financial Markets Authority (FMA) is warning New Zealand consumers and investors to be wary of cold-calls asking them to buy shares or put their money into offshore firms.

Western Asset CIO advocates for unconstrained fixed income investing

Legg Mason affiliate Western Asset Management’s chief investment officer Ken Leech believes fixed income investors should be as active in asking questions as asset managers must be in navigating unexpected swings in the global financial markets.

Denmark rejects proposal to split systemically important banks

The proposal to split EU’s biggest banks hit deadlock as Denmark rejected the proposal questioning the value of more regulation.

Tilney Bestinvest expands Glasgow team

Tilney Bestinvest has appointed Ross Cullen as an investment management senior associate for its Glasgow office.