All articles by Verdict Staff

Verdict Staff

Parsonex Financial Services aggressively expanding in Colorado and other states

Parsonex Financial Services, a Colorado based financial services firm, is ramping up recruiting efforts this fall in an effort to attract experienced financial advisors and professionals looking to break into the industry.

Goldman Sachs Q3 net earning surges to $2.24bn

Goldman Sachs has reported net earnings of $2.24bn for the third quarter of 2014, up 47% from $1.52bn a year ago.

HMRC publishes FY2012-13 tax gap

The tax gap, which is the difference between the amount of tax due and the amount collected, was 6.8% of tax liabilities, or £34 billion, in 2012-13, according to HMRC.

Gold Bullion International names new wealth management head

Gold Bullion International (GBI) has hired Bob Alderman as new executive vice president and head of wealth management.

Close Brothers to sell its German securities business to Oddo & Cie for EUR46m

Close Brothers Group has agreed to sell its securities business in Germany, Close Brothers Seydler Bank (Seydler), to Oddo & Cie for a cash consideration of EUR46m (£36m).

Credit Suisse plans to hire more private bankers in Spain

Credit Suisse has appointed at least five private bankers in Spain in the previous six months and has plans to hire more to cope up with the increase in pace of economic growth.

Swiss Federal Council submits new structure of Swiss financial legislation

The Swiss Federal Council has submitted for consultation two new draft acts on financial services (FSA) and financial institutions (FinIA).

Morgan Stanley expands private wealth management team

Morgan Stanley Private Wealth Management has named Vivien Webb as new managing director and head of sales for China and Hong Kong.

Lumesis and MBIS announce new strategic partnership

DIVER by Lumesis, a provider of business efficiency, credit, data and regulatory compliance solutions for the municipal bond market, has announced a strategic partnership with Municipal Bond Information Services, to boost municipal bond market transparency.

Barclays mulls further Middle East and North Africa expansion

Barclays is targeting further expansion in the Middle East and North Africa to cater to the increasing demand of investors for wealth management and investment banking services.