All articles by Verdict Staff
Verdict Staff
Barclays culled 2,700 jobs in investment banking unit this year
Tom King, chief executive of Barclays investment bank said that the bank has slashed 2,700 jobs at its investment bank this year.
Client segmentation becoming more prominent marketing strategy for advisors: SEI
A growing number of financial advisors believe that client segmentation is a valuable and viable marketing strategy to build a more specialized client base, according to a survey released by SEI.
Market fragmentation, regulation are biggest barriers for growth of Asian banking sector: BNY Mellon
Market Fragmentation and the impact of international regulation on banking operations are considered to be the biggest barriers to future growth in Asia’s banking sector, according to BNY Mellon.
Strong growth and increasing internationalisation in UK asset management industry
UK assets managed by IMA member firms grew by 13% during 2013, reaching £5 trillion, according to the 12th annual asset management survey conducted by Investment Management Association (IMA).
Barnett Waddingham buys Chase de Veres Sipp and SSAS unit
UK-based Sipp provider Barnett Waddingham has acquired Chase de Veres Sipp and SSAS business for an undisclosed sum.
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Banca Esperia expands private banking team
Banca Esperia, an Italy-based private bank has expanded its private banking team by appointing Gianluca Piacenti to its team of private bankers.
Former SAC Capital fund manager handed nine-year jail term
Former SAC Capital portfolio manager Mathew Martoma has been sentenced to nine years in prison for taking part in what prosecutors said was one of the largest insider-trading schemes ever.
Wells Fargo Advisors boosts sales force in California
Wells Fargo Advisors has hired 11 advisers in California who previously managed over US$1.1 billion in assets for rival firms.
DeAWM names new Asian fixed income head for APAC region
Deutsche Asset & Wealth Management (DeAWM) has appointed Henry Wong as new head of Asian fixed income for Asia-Pacific region.
Aberdeen hires new business development head for southern Europe and Switzerland
Aberdeen Asset Management has named Matteo Bosco as new head of business development for southern Europe and Switzerland.